Springfield, OR

Seller's market-0.9% YoY

Housing market overview · Updated weekly

$425,000median sale price

Homes sold

45

Last 12 weeks

Days on market

40

Average pace

Active listings

76

1.7 months supply

Sale-to-list

99.4%

Below asking

The Springfield housing market is currently classified as a seller's market with a median sale price of $425,000. Prices have fallen 0.9% compared to last year, with homes spending an average of 40 days on market, indicating 1.7 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 76 homes listed for sale in Springfield, Oregon. The median listing price is $437K.

Active listings

76

Homes on market

Median list price

$437K

Avg. days on market

40

Days until sale

New this week

53

Newly listed

Price drops:35.5%of listings
Sale-to-list:99.4%

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Frequently asked questions

What is the average home price in Springfield?

The median home sale price in Springfield is $425,000, down 0.9% from last year.

How long do homes stay on market in Springfield?

Homes typically spend 40 days on market before going under contract.

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

With 1.7 months of supply, Springfield is currently a seller's market.

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