What is the housing market like in Downtown Springfield today?
In September 2024, Downtown Springfield home prices were down 10.1% compared to last year, selling for a median price of $216K.
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Sale Price
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Sale $/Sq. Ft.
Over List Price
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Days on Market
5349
Down Payment
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Total Homes Sold
2
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.
View houses in Downtown Springfield that sold recently
Learn about schools in the Downtown Springfield area
Elementary
Middle
High
GreatSchools Rating
NR
Phelps Gifted Center
Public • 1-12
-
Students
6 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
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Springfield has a minor risk of flooding. 76 properties in Downtown Springfield are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in Downtown Springfield. Flood risk is increasing slower than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Springfield has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Springfield is most at risk from hurricanes. 912 properties in Downtown 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 47 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 50 mph.
100% of properties are at major
risk of heat over the next 30 years
Heat Factor
Downtown Springfield has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Downtown Springfield have a Major Heat Factor®.
Downtown Springfield is expected to see a 200% increase in the number of days over 104ºF over the next 30 years. Downtown Springfield is expected to experience 9