
Home Price Key
These days, finding an affordable place to live in the Sixteen Acres area can be challenging. Home prices in Sixteen Acres are now at a median cost of $192,855, lower than the Springfield average of $254,441.
The average cost of rent is $1,033/mo in Sixteen Acres, primarily driven by the current value of real estate in the Sixteen Acres area. While nearly 26.91% of residents own their homes outright in Sixteen Acres, 29.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in Sixteen Acres is $5,283 per month. Households that rent pay about 19.55% of their income on rent here. Sixteen Acres's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Nearby Neighborhoods
- Boston Road, Springfield, MA: less expensive homes
- Pine Point, Springfield, MA: less expensive homes
- East Forest Park, Springfield, MA: equally priced homes
- Upper Hill, Springfield, MA: equally priced homes
- Bay, Springfield, MA: less expensive homes
- Old Hill, Springfield, MA: less expensive homes
- Forest Park, Springfield, MA: equally priced homes
- McKnight, Springfield, MA: less expensive homes
- Maple High-Six Corners, Springfield, MA: equally priced homes
- East Springfield, Springfield, MA: less expensive homes
Neighborhoods with Similar Populations
- Western Branch North, Chesapeake, VA: higher priced homes
- Springlake-University Terrace, Shreveport, LA: equally priced homes
- The Plaza, Long Beach, CA: higher priced homes
- Southwest Raleigh, Raleigh, NC: higher priced homes
- Ravenswood Manor, Chicago, IL: higher priced homes
- Southeast Boulder, Boulder, CO: higher priced homes
- Upper Roseville, Newark, NJ: higher priced homes
- South Phoenix, Phoenix, AZ: higher priced homes
- Outer Richmond, San Francisco, CA: higher priced homes
- South Baton Rouge, Baton Rouge, LA: higher priced homes
All Local Stats
Home Services
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