Springfield, IL Housing Market
The Springfield housing market is very competitive. The median sale price of a home in Springfield was $151K last month, down 6.9% since last year. The median sale price per square foot in Springfield is $108, up 10.8% since last year.
Springfield Housing Market Trends
In April 2024, Springfield home prices were down 6.9% compared to last year, selling for a median price of $151K. On average, homes in Springfield sell after 7 days on the market compared to 6 days last year. There were 140 homes sold in April this year, up from 116 last year.
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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 about 1% above list price and go pending in around 12 days.
- Hot homescan sell for about 4% 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
- $147,900 Last Sold Price3 beds2.5 baths1,657 sq ft46 Country Pl, Springfield, IL 62703List Price$149,900Sale to List1% under listDays on Market131 days46 Country Pl, Springfield, IL 62703
- $104,900 Last Sold Price3 beds1 bath864 sq ft1017 W Iles Ave, Springfield, IL 62704List Price$104,900Sale to List0% over listDays on Market45 days1017 W Iles Ave, Springfield, IL 62704
- $15,000 Last Sold Price2 beds3 baths4,351 sq ft802 W Jefferson St, Springfield, IL 62702List Price$25,000Sale to List40% under listDays on Market301 days802 W Jefferson St, Springfield, IL 62702
- $310,000 Last Sold Price4 beds2 baths2,946 sq ft1420 S Noble Ave, Springfield, IL 62704List Price$329,900Sale to List6% under listDays on Market35 days1420 S Noble Ave, Springfield, IL 62704
- $195,000 Last Sold Price4 beds2 baths1,700 sq ft30 Pinto Dr, Springfield, IL 62702List Price$200,000Sale to List3% under listDays on Market24 days30 Pinto Dr, Springfield, IL 62702
- $142,000 Last Sold Price3 beds1 bath912 sq ft2329 Sutherland Rd, Springfield, IL 62702List Price$140,000Sale to List1% over listDays on Market45 days2329 Sutherland Rd, Springfield, IL 62702
- $104,000 Last Sold Price3 beds1 bath1,002 sq ft2106 N 23rd St, Springfield, IL 62702List Price$109,900Sale to List5% under listDays on Market68 days2106 N 23rd St, Springfield, IL 62702
- $355,125 Last Sold Price3 beds3 baths2,705 sq ft6605 Bellflower Ct, Springfield, IL 62712List Price$350,000Sale to List1% over listDays on Market54 days6605 Bellflower Ct, Springfield, IL 62712
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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Heat Factor
Transportation in Springfield
Walk Score®
Bike Score®
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