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Featured local agent — Springfield, WV

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Springfield, WV

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Springfield, WV(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Springfield, WV Housing Market & Real Estate

Buyer's market-79.5% YoY

Housing market overview · Updated monthly ·

$40,000median sale price

How is the Springfield, WV housing market right now?

The median home sale price in Springfield, WV is $40,000, down 79.5% year-over-year. Homes sell in an average of 330 days. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of February 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?

Buyer's market330 avg. days on market

Springfield, WV is currently a buyer's market and homes selling in about 330 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

330

Average pace

Active listings

Sale-to-list

57.2%

Below asking

What does the Springfield housing market data show?

Current housing market statistics for Springfield, WV
MetricValue
Median sale price$40,000
Year-over-year price change-79.5%
Average days on market330 days
Sale-to-list price ratio57.2%
Median price per sq ft$19/sq ft
Homes sold (latest month)1
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Springfield by property type?

How the Springfield, WV market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Springfield, WV
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$40,000$19/sq ft1330 days

Source: Redfin · Updated monthly

The Springfield housing market is currently classified as a buyer's market with a median sale price of $40,000. Prices have fallen 79.5% compared to last year, with homes spending an average of 330 days on market.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Homes for sale in Springfield

Explore homes currently listed for sale in Springfield, West Virginia across major real estate platforms.

Sale-to-list:57.2%

Who lives in Springfield?

Population

485

Median age

31.4 years

Owner-occupied

85.6%

College grads

49.8%

Avg commute

32.5 min

Source: U.S. Census Bureau ACS

What are homes worth in Springfield?

Zillow home value

$191,640

Source: Zillow Research

What is it like to live in Springfield?

Springfield is a community of approximately 0K residents with a median age of 31.4 years. 49.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 85.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 32.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Springfield offers a distinctive character that appeals to different lifestyle preferences.

Which public schools serve Springfield?

1 schools tracked · 71 students

The largest public schools serving Springfield, WV 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-Green Spring Elementary Sch

Grades PK-5 · 71 students

Public

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, WV?

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 $40,000, down 79.5% from last year.

How long do homes stay on market in Springfield?

Homes typically spend 330 days on market before going under contract.

What is the Zillow home value estimate for Springfield?

The Zillow Home Value Index (ZHVI) for Springfield is $191,640, representing the typical home value in the area.

How much does a single-family home cost in Springfield?

The median single-family home price in Springfield, WV is $40,000 (about $19 per square foot).

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