Springfield, IL Housing Market
The Springfield housing market is very competitive. The median sale price of a home in Springfield was $152K last month, down 6.3% since last year. The median sale price per square foot in Springfield is $93, down 7.9% since last year.
Springfield Housing Market Trends
In April 2024, Springfield home prices were down 6.3% compared to last year, selling for a median price of $152K. On average, homes in Springfield sell after 7 days on the market compared to 6 days last year. There were 139 homes sold in April this year, up from 116 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Springfield housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% below list price and go pending in around 6 days.
- Hot homescan sell for about 4% above list price and go pending in around 2 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 13 days.
- Hot homescan sell for about 3% above list price and go pending in around 3 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 8 days.
- Hot homescan sell for about 3% above list price and go pending in around 3 days.
Springfield Migration & Relocation Trends
Home offer insights for Springfield
Recent offers
View houses in Springfield that sold recently
Recently sold homes
- $365,000 Last Sold Price4 beds3 baths3,090 sq ft613 Pleasant Ct, Chatham, IL 62629List Price$365,000Sale to List0% over listDays on Market43 days613 Pleasant Ct, Chatham, IL 62629
- $289,900 Last Sold Price2 beds2 baths2,214 sq ft7301 Preston Dr, Springfield, IL 62711List Price$289,900Sale to List0% over listDays on Market46 days7301 Preston Dr, Springfield, IL 62711
- $439,111 Last Sold Price3 beds5 baths2,583 sq ft90 S Fox Mill Ln, Springfield, IL 62712List Price$400,000Sale to List10% over listDays on Market70 days90 S Fox Mill Ln, Springfield, IL 62712
- $259,000 Last Sold Price2 beds2 baths1,200 sq ft1212 W South Grand Ave, Springfield, IL 62704List Price$259,000Sale to List0% over listDays on Market52 days1212 W South Grand Ave, Springfield, IL 62704
- $441,000 Last Sold Price3 beds2 baths2,139 sq ft265 Etherton Ln, Springfield, IL 62712List Price$410,000Sale to List8% over listDays on Market58 days265 Etherton Ln, Springfield, IL 62712
- $232,000 Last Sold Price3 beds3 baths2,660 sq ft2105 Stockton Dr, Springfield, IL 62703List Price$217,500Sale to List7% over listDays on Market66 days2105 Stockton Dr, Springfield, IL 62703
- $235,500 Last Sold Price3 beds2 baths1,680 sq ft2613 Stratford Dr, Springfield, IL 62704List Price$219,900Sale to List7% over listDays on Market32 days2613 Stratford Dr, Springfield, IL 62704
- $35,000 Last Sold Price1 bed1 bath800 sq ft520 Eastdale Ave, Springfield, IL 62703List Price$50,000Sale to List30% under listDays on Market214 days520 Eastdale Ave, Springfield, IL 62703
See all recently sold homes in Springfield.
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Schools in Springfield
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Owen Marsh Elementary School Public • K-5 | 274 Students | N/A |
8/10 Chatham Elementary School Public • K-4 | 508 Students | 2 reviews |
8/10 Iles Elementary School Public • 1-8 | 388 Students | 3 reviews |
6/10 Lindsay School Public • K-5 | 479 Students | 1 reviews |
6/10 Butler Elementary School Public • K-5 | 352 Students | 4 reviews |
Climate's impact on Springfield housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Springfield.
Flood Factor
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Wind Factor
Heat Factor
Transportation in Springfield
Walk Score®
Bike Score®
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