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Springfield Market Report

$313,573

AVERAGE PRICE OF 743 HOMES

$2,109,309

AVERAGE PRICE OF 36 MULTI-MILLION DOLLAR HOMES

$542,655

AVERAGE PRICE OF 15 NEWLY BUILT HOMES

$483,293

AVERAGE PRICE OF 15 HOMES WITH A POOL

$227,053

AVERAGE PRICE OF 15 REDUCED PRICE HOMES

Average Home

Average Price $313,573
Avg Bedrooms 1.74 beds
Avg Bathrooms 1.1 baths

Average Price by Bedrooms

1 bedroom $100,700
2 bedrooms $142,897
3 bedrooms $195,242
4 bedrooms $295,276
5 bedrooms $426,982
Springfield Home Price Trends
  9/2024 8/2024 7/2024 6/2024 5/2024
Total Listings 787 783 757 776 795
Average Price $311,237 $308,582 $312,206 $316,736 $314,187
Avg Price Change +0.86% -1.17% -1.45% +0.81% +3.07%
Median Price $169,507 $167,672 $166,968 $161,562 $164,048
Med Price Change +1.09% +0.42% +3.35% -1.54% +3.46%
Avg Bedrooms 1.43 beds 1.34 beds .99 bed 1.12 beds 1.22 beds
Avg Bathrooms .92 bath .87 bath .64 bath .75 bath .84 bath
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Springfield District #186 285 $198,293 177 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 743 $313,573 231 days
Multi-Million Dollar Homes 36 $2,109,309 316 days
Newly Built Homes 15 $542,655 77 days
Homes with a Pool 15 $483,293 37 days
Reduced Price Homes 15 $227,053 49 days
The Real Estate Group Inc.
3701 W. Wabash Ave.
Springfield, IL 62711
217-787-7000

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