Springfield Market Report
$175,955
AVERAGE PRICE OF 496 HOMES$70,950
AVERAGE PRICE OF 4 DISTRESSED HOMES$1,399,900
AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES$410,128
AVERAGE PRICE OF 20 NEWLY BUILT HOMES$316,303
AVERAGE PRICE OF 32 HOMES WITH A POOL$194,056
AVERAGE PRICE OF 16 REDUCED PRICE HOMESAverage Home
| Average Price | $175,955 |
| Avg Bedrooms | 2.99 beds |
| Avg Bathrooms | 1.91 baths |
Average Price by Bedrooms
| 1 bedroom | $44,536 |
| 2 bedrooms | $64,216 |
| 3 bedrooms | $120,645 |
| 4 bedrooms | $253,675 |
| 5 bedrooms | $355,965 |
Springfield Home Price Trends
| 9/2021 | 8/2021 | 7/2021 | 6/2021 | 5/2021 | |
|---|---|---|---|---|---|
| Total Listings | 498 | 530 | 512 | 520 | 525 |
| Average Price | $189,636 | $196,388 | $191,812 | $191,545 | $283,459 |
| Avg Price Change | -3.56% | +2.39% | +0.14% | -47.99% | +56.62% |
| Median Price | $130,511 | $135,369 | $130,872 | $132,902 | $127,150 |
| Med Price Change | -3.72% | +3.44% | -1.55% | +4.52% | +5.08% |
| Avg Bedrooms | 3.03 beds | 3.18 beds | 3.01 beds | 2.53 beds | 2.52 beds |
| Avg Bathrooms | 2.14 baths | 2.48 baths | 2.2 baths | 1.65 baths | 2.03 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Glenwood High School | 1 | $235,900 | 54 days |
| Lanphier High School | 19 | $103,257 | 34 days |
| Sangamon Valley School District | 1 | $27,900 | 153 days |
| Southeastern | 1 | $210,000 | 22 days |
| Springfield | 35 | $168,634 | 77 days |
| Springfield Southeast | 39 | $144,351 | 36 days |
| Williamsville | 1 | $400,000 | 55 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 496 | $175,955 | 70 days |
| Distressed Homes | 4 | $70,950 | 199 days |
| Multi-Million Dollar Homes | 1 | $1,399,900 | 69 days |
| Newly Built Homes | 20 | $410,128 | 48 days |
| Homes with a Pool | 32 | $316,303 | 58 days |
| Reduced Price Homes | 16 | $194,056 | 34 days |
