Springfield, IL

Seller's market+14.7% YoY

Housing market overview · Updated weekly

$170,500median sale price

Homes sold

90

Last 12 weeks

Days on market

26

Average pace

Active listings

100

1.1 months supply

Sale-to-list

97.0%

Below asking

The Springfield housing market is currently classified as a seller's market with a median sale price of $170,500. Prices have risen 14.7% compared to last year, with homes spending an average of 26 days on market, indicating 1.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Springfield

There are currently 100 homes listed for sale in Springfield, Illinois. The median listing price is $187K. Featured listings range from $55,000 to $545,900.

3 bedroom house for sale at 3413 E Carpenter St Springfield - $55,000
$55,000

3413 E Carpenter St

Springfield, IL

3 bd2 ba1,908 sqft
House
More about this property
4 bedroom house for sale at 1819 E Watch Ave Springfield - $86,000
$86,000

1819 E Watch Ave

Springfield, IL

4 bd2 ba1,956 sqft
House
More about this property
3 bedroom house for sale at 958 N 2nd St Springfield - $114,900
$114,900

958 N 2nd St

Springfield, IL

3 bd1 ba1,312 sqft
House
More about this property
3 bedroom house for sale at 108 Glen Aire Dr Springfield - $159,900
$159,900

108 Glen Aire Dr

Springfield, IL

3 bd2 ba1,317 sqft
House
More about this property
4 bedroom house for sale at 10 Andover Dr Springfield - $178,000
$178,000

10 Andover Dr

Springfield, IL

4 bd3 ba2,436 sqft
House
More about this property
4 bedroom house for sale at 3100 S 5th St Springfield - $179,900
$179,900

3100 S 5th St

Springfield, IL

4 bd2 ba1,389 sqft
House
More about this property
4 bedroom house for sale at 1817 S Whittier Ave Springfield - $245,000
$245,000

1817 S Whittier Ave

Springfield, IL

4 bd2 ba1,852 sqft
House
More about this property
3 bedroom house for sale at 2900 W Lawrence Ave Springfield - $250,000
$250,000

2900 W Lawrence Ave

Springfield, IL

3 bd2 ba2,189 sqft
House18,731 sqft lot
More about this property
3 bedroom house for sale at 3424 Bluff Rd Springfield - $265,000
$265,000

3424 Bluff Rd

Springfield, IL

3 bd3 ba2,234 sqft
House13,939 sqft lot
More about this property
3 bedroom house for sale at 4800 Longfellow Dr Springfield - $445,500
$445,500

4800 Longfellow Dr

Springfield, IL

3 bd3 ba3,481 sqft
House11,761 sqft lot
More about this property
3 bedroom house for sale at 7528 Wentworth Dr Springfield - $499,900
$499,900

7528 Wentworth Dr

Springfield, IL

3 bd3 ba3,332 sqft
House
More about this property
4 bedroom house for sale at 2505 Centennial Dr Springfield - $545,900
$545,900

2505 Centennial Dr

Springfield, IL

4 bd4 ba4,305 sqft
House
More about this property

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Active listings

100

Homes on market

Median list price

$187K

Avg. days on market

26

Days until sale

New this week

74

Newly listed

Price drops:40.0%of listings
Sale-to-list:97.0%

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Frequently asked questions

What is the average home price in Springfield?

The median home sale price in Springfield is $170,500, up 14.7% from last year.

How long do homes stay on market in Springfield?

Homes typically spend 26 days on market before going under contract.

Is Springfield a buyer's or seller's market?

With 1.1 months of supply, Springfield is currently a seller's market.

How many homes are for sale in Springfield?

There are currently 100 homes listed for sale in Springfield, IL.

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