Springfield, VT
Housing market overview · Updated weekly
$162,500median sale price
Homes sold
2
Last 12 weeks
Days on market
141
Average pace
Active listings
11
5.5 months supply
Sale-to-list
88.9%
Below asking
The Springfield housing market is currently classified as a buyer's market with a median sale price of $162,500. Prices have fallen 21.4% compared to last year, with homes spending an average of 141 days on market, indicating 5.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Springfield?
The median home sale price in Springfield is $162,500, down 21.4% from last year.
How long do homes stay on market in Springfield?
Homes typically spend 141 days on market before going under contract.
Is Springfield a buyer's or seller's market?
With 5.5 months of supply, Springfield is currently a buyer's market.
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