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Featured local agent — Springfield, PA
Sarah Mitchell
Compass Real Estate · Springfield, PA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Springfield, PA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$530,000median sale price
How is the Springfield, PA housing market right now?
The median home sale price in Springfield, PA is $530,000, down 0.9% year-over-year. Homes sell in an average of 5 days with 35 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Springfield a buyer's or seller's market?
Springfield, PA is currently a strong seller's market, based on 1.6 months of supply and homes selling in about 5 days. How we determine this →
Homes sold
22
Last 12 weeks
Days on market
5
Fast-moving
Active listings
35
1.6 months supply
Sale-to-list
103.0%
Above asking
What does the Springfield housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $530,000 |
| Median list price | $510,000 |
| Year-over-year price change | -0.9% |
| Average days on market | 5 days |
| Active inventory | 35 listings |
| Months of supply | 1.6 months |
| Sale-to-list price ratio | 103.0% |
| Median price per sq ft | $287/sq ft |
| Homes sold (latest month) | 22 |
| New listings (latest month) | 35 |
| Listings with a price cut | 34.3% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Springfield by property type?
How the Springfield, PA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $575,000 | $300/sq ft | 17 | 5 days |
| Condo / Co-op | $430,000 | $282/sq ft | 1 | 20 days |
| Townhouse | $375,000 | $267/sq ft | 5 | 20 days |
Source: Redfin · Updated monthly
The Springfield housing market is currently classified as a strong seller's market with a median sale price of $530,000. Prices have fallen 0.9% compared to last year, with homes spending an average of 5 days on market, indicating 1.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Springfield
There are currently 35 homes listed for sale in Springfield, Pennsylvania. The median listing price is $510K.
Active listings
35
Homes on market
Median list price
$510K
Avg. days on market
5
Days until sale
New this week
35
Newly listed
Which public schools serve Springfield?
5 schools tracked · 4,403 students
The largest public schools serving Springfield, PA 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 HS
Grades 9-12 · 1,364 students
Richardson MS
Grades 6-8 · 1,102 students
Scenic Hills El Sch
Grades 2-5 · 682 students
Sabold El Sch
Grades 2-5 · 668 students
Springfield Literacy Center
Grades K-1 · 587 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Springfield, PA?
Want a head-to-head view? Compare Springfield side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Springfield?
The median home sale price in Springfield is $530,000, down 0.9% from last year.
How long do homes stay on market in Springfield?
Homes typically spend 5 days on market before going under contract.
Is Springfield a buyer's or seller's market?
With 1.6 months of supply, Springfield is currently a strong seller's market.
What is the median condo price in Springfield?
The median condo/co-op sale price in Springfield, PA is $430,000, compared to $575,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Springfield?
The median single-family home price in Springfield, PA is $575,000 (about $300 per square foot).
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