Springfield, VA Housing Market
The Springfield housing market is most competitive. Homes in Springfield receive 6 offers on average and sell in around 8 days. The median sale price of a home in Springfield was $710K last month, down 0.22% since last year. The median sale price per square foot in Springfield is $358, up 14.9% since last year.
Springfield Housing Market Trends
In April 2024, Springfield home prices were down 0.22% compared to last year, selling for a median price of $710K. On average, homes in Springfield sell after 8 days on the market compared to 7 days last year. There were 29 homes sold in April this year, down from 42 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
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 4% above list price and go pending in around 5 days.
- Hot homescan sell for about 9% 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 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 5% above list price and go pending in around 5 days.
- Hot homescan sell for about 9% 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 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 21 days.
- Hot homescan sell for about 7% above list price and go pending in around 5 days.
Springfield Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Springfield from outside metros.
- New York homebuyers searched to move into Springfield more than any other metro followed by Hartford and Atlanta.
- 82% of Springfield homebuyers searched to stay within the Springfield metropolitan area.
- Salisbury was the most popular destination among Springfield homebuyers followed by Virginia Beach and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,393 | ||
2 | 1,561 | ||
3 | 642 | ||
4 | 348 | ||
5 | 314 | ||
6 | 19 | ||
7 | 12 | ||
8 | 12 | ||
9 | 10 | ||
10 | 9 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 4,468 | ||
2 | 2,447 | ||
3 | 1,942 | ||
4 | 1,579 | ||
5 | 1,486 | ||
6 | 1,371 | ||
7 | 1,288 | ||
8 | 1,272 | ||
9 | 947 | ||
10 | 832 |
Home offer insights for Springfield
Recent offers
View houses in Springfield that sold recently
Recently sold homes
- $360,000 Last Sold Price3 beds2 baths1,270 sq ft5809-D Cambridge Dr #662, Springfield, VA 22152(703) 821-1840List Price$349,200Sale to List3% over listDays on Market63 days5809-D Cambridge Dr #662, Springfield, VA 22152
- $552,000 Last Sold Price3 beds2.5 baths1,620 sq ft7958 Forest Path Way, Springfield, VA 22153(703) 425-3582List Price$535,000Sale to List3% over listDays on Market52 days7958 Forest Path Way, Springfield, VA 22153
- $875,000 Last Sold Price4 beds2.5 baths2,276 sq ft7026 Flax St, Springfield, VA 22152(703) 636-7300List Price$849,900Sale to List3% over listDays on Market28 days7026 Flax St, Springfield, VA 22152
- $650,000 Last Sold Price3 beds3 baths1,810 sq ft9067 Tiffany Park Ct, Springfield, VA 22152(703) 425-3582List Price$614,888Sale to List6% over listDays on Market15 days9067 Tiffany Park Ct, Springfield, VA 22152
- $430,000 Last Sold Price—beds—baths—sq ft6824 Ridgeway Dr, Springfield, VA 22150(703) 821-1840List Price$399,000Sale to List8% over listDays on Market22 days6824 Ridgeway Dr, Springfield, VA 22150
- $720,000 Last Sold Price4 beds3.5 baths2,646 sq ft6813 Rolling Rd, Springfield, VA 22152(703) 281-8500List Price$700,000Sale to List3% over listDays on Market83 days6813 Rolling Rd, Springfield, VA 22152
- $650,000 Last Sold Price3 beds2.5 baths1,919 sq ft8466 Rainbow Bridge Ln, Springfield, VA 22153(703) 879-0505List Price$632,000Sale to List3% over listDays on Market28 days8466 Rainbow Bridge Ln, Springfield, VA 22153
- $1,425,000 Last Sold Price5 beds5.5 baths6,213 sq ft6214 Wayles St, Springfield, VA 22150(703) 827-5777List Price$1,285,000Sale to List11% over listDays on Market50 days6214 Wayles St, Springfield, VA 22150
See all recently sold homes in Springfield.
See listings
Schools in Springfield
- Elementary
- Middle
- High
GreatSchools Rating
7/10 Springfield Estates Elementary School Public • PreK-6 | 652 Students | 8 reviews |
6/10 Island Creek Elementary School Public • PreK-6 | 712 Students | 16 reviews |
5/10 Lane Elementary School Public • PreK-6 | 721 Students | 66 reviews |
5/10 Garfield Elementary School Public • PreK-6 | 339 Students | 3 reviews |
5/10 Bren Mar Park Elementary School Public • PreK-5 | 481 Students | 13 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 - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Moderate
Wind Factor
Wind likelihood over time
Heat Factor - Severe
Heat Factor
Transportation in Springfield
Walk Score®
Transit Score®
Bike Score®
More real estate resources for Springfield
New Listings in Springfield
Nearby City Housing Markets
Neighborhood Housing Markets
Zip Code Housing Markets
Nearby City Listings
Neighborhood Listings
Zip Code Listings
About us
Find us
Subsidiaries
Copyright: © 2024 Redfin. All rights reserved.
Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.