Springfield, IL Housing Market
The Springfield housing market is very competitive. The median sale price of a home in Springfield was $146K last month, up 6.6% since last year. The median sale price per square foot in Springfield is $96, up 2.1% since last year.
Springfield Housing Market Trends
In March 2024, Springfield home prices were up 6.6% compared to last year, selling for a median price of $146K. On average, homes in Springfield sell after 11 days on the market compared to 8 days last year. There were 130 homes sold in March this year, up from 113 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 about 1% below list price and go pending in around 11 days.
- Hot homescan sell for around 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 about 1% above 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
- $125,500 Last Sold Price2 beds1 bath1,668 sq ft2213 S Spring St, Springfield, IL 62704List Price$112,000Sale to List12% over listDays on Market33 days2213 S Spring St, Springfield, IL 62704
- $364,500 Last Sold Price3 beds2.5 baths2,718 sq ft5301 Crane Dr, Springfield, IL 62711List Price$365,000Sale to List0% under listDays on Market43 days5301 Crane Dr, Springfield, IL 62711
- $145,000 Last Sold Price4 beds2 baths2,340 sq ft924 Henrietta St, Springfield, IL 62704List Price$149,900Sale to List3% under listDays on Market105 days924 Henrietta St, Springfield, IL 62704
- $65,000 Last Sold Price2 beds2 baths1,020 sq ft1914 Jeanette Ln Unit 6, Springfield, IL 62702List Price$67,000Sale to List3% under listDays on Market52 days1914 Jeanette Ln Unit 6, Springfield, IL 62702
- $125,000 Last Sold Price4 beds2.5 baths2,260 sq ft706 S Columbia Ave, Springfield, IL 62704List Price$124,900Sale to List0% over listDays on Market38 days706 S Columbia Ave, Springfield, IL 62704
- $18,500 Last Sold Price3 beds1 bath1,262 sq ft1040 S Spring St, Springfield, IL 62704List Price$30,000Sale to List38% under listDays on Market146 days1040 S Spring St, Springfield, IL 62704
- $205,000 Last Sold Price4 beds2 baths1,048 sq ft5596 Rosewood Dr, Springfield, IL 62707List Price$230,000Sale to List11% under listDays on Market40 days5596 Rosewood Dr, Springfield, IL 62707
- $370,000 Last Sold Price3 beds3 baths3,159 sq ft3916 Rocky Falls Rd, Springfield, IL 62711List Price$369,900Sale to List0% over listDays on Market45 days3916 Rocky Falls Rd, Springfield, IL 62711
See all recently sold homes in Springfield.
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Schools in Springfield
- Elementary
- Middle
- High
GreatSchools Rating
8/10 Iles Elementary School Public • 1-8 • Choice school | 406 Students | 5 reviews |
8/10 Sandburg Elementary School Public • K-5 | 286 Students | 3 reviews |
7/10 Chatham Elementary School Public • K-4 | 588 Students | 2 reviews |
7/10 Glenwood Elementary School Public • K-4 | 667 Students | 1 reviews |
7/10 Owen Marsh Elementary School Public • K-5 | 295 Students | N/A |
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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