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 $93, down 7.9% 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 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 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
- Many homes get multiple offers, some 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
- $530,000 Last Sold Price4 beds3 baths3,366 sq ft5716 Kelley Pointe Dr, Springfield, IL 62711List Price$550,000Sale to List4% under listDays on Market84 days5716 Kelley Pointe Dr, Springfield, IL 62711
- $260,000 Last Sold Price2 beds2 baths1,556 sq ft52 Turnberry Pl, Springfield, IL 62704List Price$260,000Sale to List0% over listDays on Market33 days52 Turnberry Pl, Springfield, IL 62704
- $448,000 Last Sold Price4 beds3 baths3,250 sq ft4803 Bellevue Dr, Springfield, IL 62711List Price$457,700Sale to List2% under listDays on Market60 days4803 Bellevue Dr, Springfield, IL 62711
- $191,000 Last Sold Price3 beds2 baths1,757 sq ft132 Wisteria Dr, Springfield, IL 62711List Price$189,900Sale to List1% over listDays on Market54 days132 Wisteria Dr, Springfield, IL 62711
- $195,000 Last Sold Price3 beds2 baths1,606 sq ft1614 Woodmore Dr, Springfield, IL 62711List Price$195,000Sale to List0% over listDays on Market52 days1614 Woodmore Dr, Springfield, IL 62711
- $369,000 Last Sold Price2 beds2 baths1,640 sq ft1484 Dearborn Dr, Springfield, IL 62711List Price$369,000Sale to List0% over listDays on Market194 days1484 Dearborn Dr, Springfield, IL 62711
- $117,000 Last Sold Price2 beds1.5 baths1,081 sq ft2312 Austin Dr, Springfield, IL 62704List Price$114,900Sale to List2% over listDays on Market8 days2312 Austin Dr, Springfield, IL 62704
- $181,000 Last Sold Price3 beds1.5 baths1,557 sq ft259 N Columbia Ave, Springfield, IL 62702List Price$174,900Sale to List3% over listDays on Market53 days259 N Columbia Ave, Springfield, IL 62702
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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