The Downtown Springfield housing market is very competitive. The median sale price of a home in Downtown Springfield was $387K last month, up 10.9% since last year. The median sale price per square foot in Downtown Springfield is $314, down 11.0% since last year.
What is the housing market like in Downtown Springfield today?
$387K
Sale Price
+10.9% since last year
$314
Sale $/Sq. Ft.
-11.0% since last year
Over List Price
0.4%
Days on Market
19
Down Payment
2.9%
Total Homes Sold
15
To compare other locations to the Downtown Springfield and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Springfield add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Downtown Springfield
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How hot is the Downtown Springfield housing market?
Downtown Springfield is very competitive. Homes sell in 19 days.
0
100
83
Very 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 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 19 days.
Hot homes
can sell for about 2% above list price and go pending in around 7 days.
Learn about schools in the Downtown Springfield area
Elementary
Middle
High
GreatSchools Rating
4/10
Two Rivers Dos Rios Elementary School
Public • K-5
352
Students
N/A
3/10
Centennial Elementary School
Public • K-5
236
Students
5 reviews
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 Downtown Springfield housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Springfield.
Flood Factor - Minor
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Springfield has a minor risk of flooding. 13 properties in Downtown Springfield are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in Downtown Springfield. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown Springfield has a major risk of wildfire. There are 231 properties in Downtown Springfield that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Downtown Springfield.
Downtown Springfield has minimal risk of severe winds over the next 30 years
Wind Factor
Downtown Springfield has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
100% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Downtown Springfield has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Downtown Springfield have a Moderate Heat Factor®.
Downtown Springfield is expected to see a 114% increase in the number of days over 92ºF over the next 30 years. Downtown Springfield is expected to experience 7