Springfield, OH Housing Market & Real Estate

Balanced market-2.0% YoY

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?

Balanced market2.9 months of supply37 avg. days on 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

Current housing market statistics for Springfield, OH
MetricValue
Median sale price$156,750
Median list price$149,900
Year-over-year price change-2.0%
Average days on market37 days
Active inventory160 listings
Months of supply2.9 months
Sale-to-list price ratio95.0%
Market conditionBalanced 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

Price drops:29.4%of listings
Sale-to-list:95.0%

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

Public

Kenton Ridge Elementary

Grades PK-6 · 1,129 students

Public

Shawnee Elementary School

Grades PK-6 · 1,019 students

Public

Northwestern Elementary School

Grades PK-7 · 945 students

Public

Kenton Ridge Middle/High School

Grades 7-12 · 844 students

Public

Northwestern Junior/Senior High School

Grades 7-12 · 708 students

Public

Springfield-Clark County

Grades 7-12 · 704 students

Vocational

Global Impact STEM Academy

Grades 7-12 · 687 students

Public

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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