Springfield, OR Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Springfield, OR is $425,000, down 0.9% year-over-year. Homes sell in an average of 40 days with 76 active listings. The market is currently a seller's market.
$425,000median sale price
Is Springfield a buyer's or seller's market?
Springfield, OR is currently a seller's market, based on 1.7 months of supply and homes selling in about 40 days. How we determine this →
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
Springfield, OR market data
| Metric | Value |
|---|---|
| Median sale price | $425,000 |
| Median list price | $436,999 |
| Year-over-year price change | -0.9% |
| Average days on market | 40 days |
| Active inventory | 76 listings |
| Months of supply | 1.7 months |
| Sale-to-list price ratio | 99.4% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
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
Top public schools in Springfield
21 schools tracked · 9,142 students
The largest public schools serving Springfield, OR 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 · 1,300 students
Thurston High School
Grades 9-12 · 1,236 students
Hamlin Middle School
Grades 6-8 · 594 students
Thurston Middle School
Grades 6-8 · 535 students
Riverbend Elementary School
Grades K-5 · 475 students
Agnes Stewart Middle School
Grades 6-8 · 447 students
Briggs Middle School
Grades 6-8 · 389 students
Thurston Elementary School
Grades K-5 · 381 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Explore nearby cities in OR
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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