The Sixteen Acres housing market is somewhat competitive. The median sale price of a home in Sixteen Acres was $289K last month, up 17.8% since last year. The median sale price per square foot in Sixteen Acres is $229, up 13.9% since last year.
What is the housing market like in Sixteen Acres today?
In March 2024, Sixteen Acres home prices were up 17.8% compared to last year, selling for a median price of $289K. On average, homes in Sixteen Acres sell after 36 days on the market compared to 26 days last year. There were 28 homes sold in March this year, down from 51 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$288,728
+17.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Sixteen Acres, MA
$288,728
+17.8%
United States
To compare other locations to the Sixteen Acres and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Springfield add value to a home.
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How hot is the Sixteen Acres housing market?
Sixteen Acres is somewhat competitive. Homes sell in 34.5 days.
0
100
69
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 1% above list price and go pending in around 35 days.
Hot homes
can sell for about 4% above list price and go pending in around 20 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
5/10
Frank H Freedman
Public • K-5
324
Students
8 reviews
5/10
Frederick Harris
Public • PreK-5
625
Students
8 reviews
5/10
Dryden Memorial
Public • PreK-5
338
Students
7 reviews
5/10
Arthur T Talmadge
Public • K-5
240
Students
3 reviews
4/10
Thomas M Balliet
Public • PreK-5
324
Students
4 reviews
Only showing 5 of
12 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Sixteen Acres housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Sixteen Acres.
Risk Factor
Flood Factor - Minor
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Sixteen Acres has a minor risk of flooding. 165 properties in Sixteen Acres are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Sixteen Acres. Flood risk is increasing slower than the national average.
77% of properties are at risk of wildfire over the next 30 years
Fire Factor
Sixteen Acres has a moderate risk of wildfire. There are 5,792 properties in Sixteen Acres that have some risk of being affected by wildfire over the next 30 years. This represents 77% of all properties in Sixteen Acres.
99% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Sixteen Acres has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Sixteen Acres is most at risk from hurricanes. 7,454 properties in Sixteen Acres have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 76 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 90 mph.