Springfield, OH Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Springfield, OH is $156,750, down 2.0% year-over-year. Homes sell in an average of 37 days with 160 active listings. The market is currently a balanced market.
$156,750median sale price
Is Springfield a buyer's or seller's market?
Springfield, OH is currently a balanced market, based on 2.9 months of supply and homes selling in about 37 days. How we determine this →
Homes sold
56
Last 12 weeks
Days on market
37
Average pace
Active listings
160
2.9 months supply
Sale-to-list
95.0%
Below asking
Springfield, OH market data
| Metric | Value |
|---|---|
| Median sale price | $156,750 |
| Median list price | $149,900 |
| Year-over-year price change | -2.0% |
| Average days on market | 37 days |
| Active inventory | 160 listings |
| Months of supply | 2.9 months |
| Sale-to-list price ratio | 95.0% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The Springfield housing market is currently classified as a balanced market with a median sale price of $156,750. Prices have fallen 2.0% compared to last year, with homes spending an average of 37 days on market, indicating 2.9 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 160 homes listed for sale in Springfield, Ohio. The median listing price is $150K.
Active listings
160
Homes on market
Median list price
$150K
Avg. days on market
37
Days until sale
New this week
83
Newly listed
Top public schools in Springfield
27 schools tracked · 14,450 students
The largest public schools serving Springfield, OH by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Springfield High School
Grades 9-12 · 1,602 students
Kenton Ridge Elementary
Grades PK-6 · 1,129 students
Shawnee Elementary School
Grades PK-6 · 1,019 students
Northwestern Elementary School
Grades PK-7 · 945 students
Kenton Ridge Middle/High School
Grades 7-12 · 844 students
Northwestern Junior/Senior High School
Grades 7-12 · 708 students
Springfield-Clark County
Grades 7-12 · 704 students
Global Impact STEM Academy
Grades 7-12 · 687 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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Frequently asked questions
What is the average home price in Springfield?
The median home sale price in Springfield is $156,750, down 2.0% from last year.
How long do homes stay on market in Springfield?
Homes typically spend 37 days on market before going under contract.
Is Springfield a buyer's or seller's market?
With 2.9 months of supply, Springfield is currently a balanced market.
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