Market Overview
Home Prices in Erving, MA
The median home value in Erving, MA is $348,009 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.6% compared to a year ago and up 2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Erving are priced15% below average. Erving is part of the Springfield, MA metro area.
Over the past five years, Erving home values have risen by approximately23.5%, reflecting strong long-term appreciation in this market.
Price History
Erving Home Price Trend
City Comparison
Erving vs. National Median
At $348,009, homes in Erving cost 15% below the national median of $410,000. This makes Erving a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Erving?
20% Down Payment
$69,602
on $348,009
Monthly P&I
$1,815/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,305/mo
incl. taxes & insurance
Income Needed
$92,200
gross annual (30% rule)
10% Down Option
$34,801
+ PMI applies
Loan Amount (20% dn)
$278,407
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Erving, MA?
The median home value in Erving is $348,009 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.6% year-over-year.
How much have home prices changed in Erving?
Over the past year, home values in Erving have increased by 1.6%. Over five years, prices have risen approximately 23.5%.
How much do I need to earn to buy a home in Erving?
To comfortably afford the median home price of $348,009 with a 20% down payment ($69,602) at today's rates (6.8%), you'd need a gross annual income of approximately $92,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Erving compare to the national average home price?
The national median home value is approximately $410,000. At $348,009, homes in Erving are 15% below the national average.
What metro area is Erving part of?
Erving is part of the Springfield, MA metropolitan area. Home prices and market conditions can vary across the broader metro region.