Springfield, PA Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Springfield, PA is $440,000, down 12.5% year-over-year. Homes sell in an average of 26 days with 18 active listings. The market is currently a strong seller's market.
$440,000median sale price
Homes sold
15
Last 12 weeks
Days on market
26
Average pace
Active listings
18
1.2 months supply
Sale-to-list
101.4%
Above asking
Springfield, PA market data
| Metric | Value |
|---|---|
| Median sale price | $440,000 |
| Median list price | $502,450 |
| Year-over-year price change | -12.5% |
| Average days on market | 26 days |
| Active inventory | 18 listings |
| Months of supply | 1.2 months |
| Sale-to-list price ratio | 101.4% |
| Market condition | Strong seller's market |
Source: Redfin · Updated weekly
The Springfield housing market is currently classified as a strong seller's market with a median sale price of $440,000. Prices have fallen 12.5% compared to last year, with homes spending an average of 26 days on market, indicating 1.2 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 18 homes listed for sale in Springfield, Pennsylvania. The median listing price is $502K.
Active listings
18
Homes on market
Median list price
$502K
Avg. days on market
26
Days until sale
New this week
18
Newly listed
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Frequently asked questions
What is the average home price in Springfield?
The median home sale price in Springfield is $440,000, down 12.5% from last year.
How long do homes stay on market in Springfield?
Homes typically spend 26 days on market before going under contract.
Is Springfield a buyer's or seller's market?
With 1.2 months of supply, Springfield is currently a strong seller's market.
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