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 $338, down 3.3% 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 30 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 6 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 6 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 Philadelphia.
- 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 | Mar '24 - May '24 | ||
1 | 3,424 | ||
2 | 2,343 | ||
3 | 726 | ||
4 | 287 | ||
5 | 21 | ||
6 | 21 | ||
7 | 16 | ||
8 | 10 | ||
9 | 9 | ||
10 | 8 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 4,451 | ||
2 | 2,549 | ||
3 | 1,831 | ||
4 | 1,559 | ||
5 | 1,508 | ||
6 | 1,373 | ||
7 | 1,342 | ||
8 | 1,280 | ||
9 | 914 | ||
10 | 877 |
Home offer insights for Springfield
Recent offers
View houses in Springfield that sold recently
Recently sold homes
- $875,000 Last Sold Price4 beds3 baths2,558 sq ft6512 Melia St, Springfield, VA 22150(703) 224-6000List Price$875,000Sale to List0% over listDays on Market37 days6512 Melia St, Springfield, VA 22150
- $1,000,000 Last Sold Price4 beds3.5 baths2,855 sq ft7387 Shady Palm Dr, Springfield, VA 22153(703) 489-1627List Price$950,000Sale to List5% over listDays on Market21 days7387 Shady Palm Dr, Springfield, VA 22153
- $645,000 Last Sold Price3 beds3.5 baths2,400 sq ft9068 Blarney Stone Dr, Springfield, VA 22152(703) 214-5100 Redfin CorporationList Price$645,000Sale to List0% over listDays on Market57 days9068 Blarney Stone Dr, Springfield, VA 22152
- $885,000 Last Sold Price3 beds2.5 baths2,190 sq ft8019 Rockwood Ct, Springfield, VA 22153(703) 535-3610List Price$799,900Sale to List11% over listDays on Market28 days8019 Rockwood Ct, Springfield, VA 22153
- $676,200 Last Sold Price3 beds2.5 baths1,800 sq ft6909 Ontario St, Springfield, VA 22152List Price$660,000Sale to List2% over listDays on Market21 days6909 Ontario St, Springfield, VA 22152
- $845,000 Last Sold Price5 beds2.5 baths2,267 sq ft6125 Greeley Blvd, Springfield, VA 22152(866) 825-7169List Price$780,000Sale to List8% over listDays on Market22 days6125 Greeley Blvd, Springfield, VA 22152
- $379,000 Last Sold Price3 beds2 baths1,270 sq ft5811-A Cambridge Dr #670, Springfield, VA 22152(866) 825-7169List Price$375,900Sale to List1% over listDays on Market28 days5811-A Cambridge Dr #670, Springfield, VA 22152
- $927,500 Last Sold Price4 beds2.5 baths2,854 sq ft6803 Jackie Deneese Ct, Springfield, VA 22152List Price$925,000Sale to List0% over listDays on Market35 days6803 Jackie Deneese Ct, Springfield, VA 22152
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.