The Springfield Northeast District housing market is somewhat competitive. The median sale price of a home in Springfield Northeast District was $177K last month, down 11.8% since last year. The median sale price per square foot in Springfield Northeast District is $148, up 1.4% since last year.
Springfield Northeast District Housing Market Trends
What is the housing market like in Springfield Northeast District today?
In October 2024, Springfield Northeast District home prices were down 11.8% compared to last year, selling for a median price of $177K. On average, homes in Springfield Northeast District sell after 30 days on the market compared to 8 days last year. There were 6 homes sold in October this year, up from 3 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$176,500
-11.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Springfield Northeast District, IL
$176,500
-11.8%
United States
To compare other locations to the Springfield Northeast District 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.
How hot is the Springfield Northeast District housing market?
Springfield Northeast District is somewhat competitive. Homes sell in 34 days.
0
100
63
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 12 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 34 days.
Hot homes
can sell for about 2% above list price and go pending in around 5 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
96.5%
-2.6 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Springfield Northeast District, IL
96.5%
-2.6 pt
United States
View houses in Springfield Northeast District that sold recently
Learn about schools in the Springfield Northeast District area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
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 Northeast District housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Springfield Northeast District.
Flood Factor - Minor
5% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Springfield Northeast District has a minor risk of flooding. 7 properties in Springfield Northeast District are likely to be
severely affected
by flooding over the next 30 years. This represents 5% of all properties in Springfield Northeast District. Flood risk is increasing faster than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Springfield Northeast District has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Springfield Northeast District is most at risk from hurricanes. 411 properties in Springfield Northeast District 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 44 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 58 mph.
99% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Springfield Northeast District has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Springfield Northeast District have a Moderate Heat Factor®.
Springfield Northeast District is expected to see a 185% increase in the number of days over 104ºF over the next 30 years. Springfield Northeast District is expected to experience 7