The Springfield housing market is somewhat competitive. The median sale price of a home in Springfield was $349K last month, down 16.9% since last year. The median sale price per square foot in Springfield is $199, down 5.0% since last year.
What is the housing market like in Springfield today?
In May 2025, Springfield home prices were down 16.9% compared to last year, selling for a median price of $349K. On average, homes in Springfield sell after 36 days on the market compared to 74 days last year. There were 15 homes sold in May this year, up from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$349,200
-16.9% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Springfield, TX
$349,200
-16.9%
United States
To compare other locations to the Springfield and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Rowlett add value to a home.
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How hot is the Springfield housing market?
Springfield is somewhat competitive. Homes sell in 36.5 days.
0
100
66
Somewhat Competitive
Redfin Compete Score™
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 6 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 37 days.
Hot homes
can sell for around list price and go pending in around 24 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
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 - Minor
3% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Springfield has a minor risk of flooding. 16 properties in Springfield are likely to be
severely affected
by flooding over the next 30 years. This represents 3% of all properties in Springfield. Flood risk is increasing faster than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Springfield has a moderate risk of wildfire. There are 1,389 properties in Springfield that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Springfield.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Springfield has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Springfield is most at risk from hurricanes. 1,389 properties in Springfield have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 79 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 83 mph.