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 $95, down 5.9% 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 7 days.
- Hot homescan sell for about 3% 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 12 days.
- Hot homescan sell for about 2% 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 9 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for around list price and go pending in around 5 days.
- Hot homescan sell for about 4% above list price and go pending in around 2 days.
Springfield Migration & Relocation Trends
Home offer insights for Springfield
Recent offers
View houses in Springfield that sold recently
Recently sold homes
- $78,250 Last Sold Price3 beds1 bath800 sq ft21 Hedge Dr, Springfield, IL 62702List Price$81,500Sale to List4% under listDays on Market35 days21 Hedge Dr, Springfield, IL 62702
- $475,000 Last Sold Price4 beds3.5 baths3,006 sq ft2304 W Laurel St, Springfield, IL 62704List Price$449,900Sale to List6% over listDays on Market57 days2304 W Laurel St, Springfield, IL 62704
- Sign in for price Last Sold Price—beds—baths—sq ft1918 S Noble Ave, Springfield, IL 62704Days on Market—1918 S Noble Ave, Springfield, IL 62704
- $79,250 Last Sold Price3 beds1 bath940 sq ft15 Todd Ln, Springfield, IL 62702List Price$81,500Sale to List3% under listDays on Market46 days15 Todd Ln, Springfield, IL 62702
- $239,000 Last Sold Price3 beds1.5 baths2,030 sq ft1715 S Glenwood Ave, Springfield, IL 62704List Price$200,000Sale to List20% over listDays on Market64 days1715 S Glenwood Ave, Springfield, IL 62704
- $157,900 Last Sold Price3 beds2 baths1,903 sq ft2328 Queensway Rd, Springfield, IL 62703List Price$152,500Sale to List4% over listDays on Market42 days2328 Queensway Rd, Springfield, IL 62703
- $170,000 Last Sold Price3 beds2 baths1,645 sq ft2025 S Lowell Ave, Springfield, IL 62704List Price$164,900Sale to List3% over listDays on Market37 days2025 S Lowell Ave, Springfield, IL 62704
- $120,000 Last Sold Price4 beds1 bath1,424 sq ft500 W Vine St, Springfield, IL 62704List Price$115,000Sale to List4% over listDays on Market38 days500 W Vine St, Springfield, IL 62704
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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Transportation in Springfield
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Bike Score®
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