Springfield, MI
Housing market overview · Updated weekly
$151,000median sale price
Homes sold
2
Last 12 weeks
Days on market
47
Average pace
Active listings
7
3.5 months supply
Sale-to-list
87.9%
Below asking
The Springfield housing market is currently classified as a balanced market with a median sale price of $151,000. Prices have risen 6.0% compared to last year, with homes spending an average of 47 days on market, indicating 3.5 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 7 homes listed for sale in Springfield, Michigan. The median listing price is $145K.
Active listings
7
Homes on market
Median list price
$145K
Avg. days on market
47
Days until sale
New this week
2
Newly listed
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Frequently asked questions
What is the average home price in Springfield?
The median home sale price in Springfield is $151,000, up 6.0% from last year.
How long do homes stay on market in Springfield?
Homes typically spend 47 days on market before going under contract.
Is Springfield a buyer's or seller's market?
With 3.5 months of supply, Springfield is currently a balanced market.
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