Springfield, IL Housing Market
The Springfield housing market is very competitive. The median sale price of a home in Springfield was $147K last month, up 4.5% since last year. The median sale price per square foot in Springfield is $90, down 6.3% since last year.
Springfield Housing Market Trends
In February 2025, Springfield home prices were up 4.5% compared to last year, selling for a median price of $147K. On average, homes in Springfield sell after 32 days on the market compared to 19 days last year. There were 93 homes sold in February this year, up from 80 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 3% below list price and go pending in around 14 days.
- Hot homescan sell for about 1% above list price and go pending in around 4 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 6 days.
- Hot homescan sell for about 2% 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
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 62 days.
- Hot homescan sell for around list price and go pending in around 30 days.
Springfield Migration & Relocation Trends
View houses in Springfield that sold recently
Recently sold homes
- $425,000 Last Sold Price3 beds3 baths2,454 sq ft4608 Lasalle Ct, Springfield, IL 62711List Price$446,279Sale to List5% under listDays on Market97 days4608 Lasalle Ct, Springfield, IL 62711
- $65,000 Last Sold Price3 beds1 bath864 sq ft1703 Cummins Ave, Springfield, IL 62703List Price$75,000Sale to List13% under listDays on Market92 days1703 Cummins Ave, Springfield, IL 62703
- $122,000 Last Sold Price2 beds1 bath1,273 sq ft3320 Solar Ave, Springfield, IL 62707List Price$125,000Sale to List2% under listDays on Market61 days3320 Solar Ave, Springfield, IL 62707
- $225,000 Last Sold Price4 beds3 baths2,347 sq ft2305 Westchester Blvd, Springfield, IL 62704List Price$225,000Sale to List0% over listDays on Market36 days2305 Westchester Blvd, Springfield, IL 62704
- $75,000 Last Sold Price3 beds2 baths1,700 sq ft1108 N 12th St, Springfield, IL 62702List Price$69,900Sale to List7% over listDays on Market32 days1108 N 12th St, Springfield, IL 62702
- $165,000 Last Sold Price3 beds2 baths1,361 sq ft1932 S Lincoln, Springfield, IL 62704List Price$165,500Sale to List0% under listDays on Market43 days1932 S Lincoln, Springfield, IL 62704
- $235,000 Last Sold Price3 beds2 baths1,848 sq ft2501 Huntleigh Rd, Springfield, IL 62704List Price$235,000Sale to List0% over listDays on Market28 days2501 Huntleigh Rd, Springfield, IL 62704
- $240,000 Last Sold Price3 beds2 baths2,099 sq ft252 Saxon Dr, Springfield, IL 62704List Price$215,000Sale to List12% over listDays on Market33 days252 Saxon Dr, 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 | 302 Students | N/A |
8/10 Iles Elementary School Public • 1-8 | 391 Students | 3 reviews |
8/10 Chatham Elementary School Public • K-4 | 470 Students | 2 reviews |
7/10 Butler Elementary School Public • K-5 | 344 Students | 4 reviews |
6/10 Glenwood Elementary School Public • K-4 | 595 Students | 1 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.
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Transportation in Springfield
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