Current housing market trends and data for Springfield, IL. Understand local prices, inventory, and market conditions to make informed real estate decisions.
$1,888,500
+4.1% year-over-year
50,749
6,090 sold last month
0 days
From listing to contract
$1,049
Median price per square foot
Seller's Market
Homes in Springfield sell in an average of 0 days, indicating strong demand. Buyers should be prepared to act quickly and may face competitive offers.
The median home price in Springfield, Illinois is $1,888,500. This represents a +4.1% change compared to last year.
There are currently 50,749 active listings in Springfield, Illinois. Approximately 6,090 homes were sold in the last month.
Springfield is currently leaning toward a seller's market, with homes averaging only 0 days on market. Buyers should be prepared to act quickly.
The average days on market in Springfield, Illinois is 0 days. This indicates a fast-moving market where desirable homes sell quickly.
The median price per square foot in Springfield, Illinois is $1,049. This metric helps compare home values across different property sizes and neighborhoods.
Browse 50,749 active listings in Springfield, IL and find your next home.
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