The Springfield housing market is somewhat competitive. The median sale price of a home in Springfield was $395K last month, down 1.7% since last year. The median sale price per square foot in Springfield is $312, down 3.1% since last year.
What is the housing market like in Springfield today?
In April 2024, Springfield home prices were down 1.7% compared to last year, selling for a median price of $395K. On average, homes in Springfield sell after 50 days on the market compared to 76 days last year. There were 11 homes sold in April this year, up from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$395,000
-1.7% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Springfield, AZ
$395,000
-1.7%
United States
To compare other locations to the Springfield and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Chandler add value to a home.
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How hot is the Springfield housing market?
Springfield is somewhat competitive. Homes sell in 60 days.
0
100
49
Somewhat Competitive
Redfin Compete Score™
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
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 60 days.
Hot homes
can sell for around list price and go pending in around 39 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
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.
Risk Factor
Flood Factor - Minor
43% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Springfield has a minor risk of flooding. properties in Springfield are likely to be
severely affected
by flooding over the next 30 years. This represents 43% of all properties in Springfield. Flood risk is increasing faster than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Springfield has a severe risk of wildfire. There are 833 properties in Springfield that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Springfield.
Springfield has minimal risk of severe winds over the next 30 years
Wind Factor
Springfield has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.