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Springfield Market Report

$327,633

AVERAGE PRICE OF 660 HOMES

$2,533,628

AVERAGE PRICE OF 32 MULTI-MILLION DOLLAR HOMES

$465,758

AVERAGE PRICE OF 20 NEWLY BUILT HOMES

$298,378

AVERAGE PRICE OF 14 HOMES WITH A POOL

$236,962

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $327,633
Avg Bedrooms 1.51 beds
Avg Bathrooms .9 bath

Average Price by Bedrooms

1 bedroom $49,385
2 bedrooms $128,469
3 bedrooms $186,644
4 bedrooms $304,540
5 bedrooms $519,564
Springfield Home Price Trends
  2/2025 1/2025 12/2024 11/2024 10/2024
Total Listings 680 664 719 747 739
Average Price $323,732 $326,819 $328,759 $312,118 $314,616
Avg Price Change -0.95% -0.59% +5.33% -0.80% +1.09%
Median Price $152,641 $154,877 $159,928 $163,769 $166,742
Med Price Change -1.46% -3.26% -2.40% -1.82% -1.66%
Avg Bedrooms 1.82 beds 1.96 beds 2.82 beds 2.86 beds 1.87 beds
Avg Bathrooms 1.03 baths 1.12 baths 1.76 baths 1.8 baths 1.06 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Springfield District #186 246 $187,349 235 days
Total Homes Average Price Avg Days on Site
All Homes 660 $327,633 316 days
Multi-Million Dollar Homes 32 $2,533,628 404 days
Newly Built Homes 20 $465,758 134 days
Homes with a Pool 14 $298,378 53 days
Reduced Price Homes 8 $236,962 74 days
The Real Estate Group Inc.
3701 W. Wabash Ave.
Springfield, IL 62711
217-787-7000

Based on information submitted to the MLS GRID as of March 22, 2025 7 PM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.
Based on information submitted to the MLS GRID by MRED as of March 22, 2025 7 PM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website. DMCA Notice
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