Springfield Market Report
$516,942
AVERAGE PRICE OF 223 HOMES$485,000
AVERAGE PRICE OF 1 DISTRESSED HOMES$1,676,083
AVERAGE PRICE OF 24 MULTI-MILLION DOLLAR HOMES$459,470
AVERAGE PRICE OF 34 NEWLY BUILT HOMES$626,610
AVERAGE PRICE OF 13 HOMES WITH A POOL$305,925
AVERAGE PRICE OF 4 REDUCED PRICE HOMESAverage Home
| Average Price | $516,942 |
| Avg Bedrooms | 1.92 beds |
| Avg Bathrooms | 1.57 baths |
Average Price by Bedrooms
| 1 bedroom | $135,000 |
| 2 bedrooms | $342,665 |
| 3 bedrooms | $463,380 |
| 4 bedrooms | $633,165 |
| 5 bedrooms | $1,118,000 |
Springfield Home Price Trends
| 12/2024 | 11/2024 | 10/2024 | 9/2024 | 8/2024 | |
|---|---|---|---|---|---|
| Total Listings | 232 | 236 | 252 | 267 | 279 |
| Average Price | $510,823 | $493,864 | $482,175 | $488,171 | $468,079 |
| Avg Price Change | +3.43% | +2.42% | -1.24% | +4.29% | +0.28% |
| Median Price | $360,855 | $359,946 | $367,299 | $362,656 | $359,460 |
| Med Price Change | +0.25% | -2.04% | +1.28% | +0.89% | +0.62% |
| Avg Bedrooms | 1.95 beds | 1.94 beds | 2.03 beds | 2.1 beds | 2.13 beds |
| Avg Bathrooms | 1.61 baths | 1.62 baths | 1.7 baths | 1.73 baths | 1.72 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Springfield High School | 117 | $450,390 | 97 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 223 | $516,942 | 121 days |
| Distressed Homes | 1 | $485,000 | 42 days |
| Multi-Million Dollar Homes | 24 | $1,676,083 | 130 days |
| Newly Built Homes | 34 | $459,470 | 58 days |
| Homes with a Pool | 13 | $626,610 | 98 days |
| Reduced Price Homes | 4 | $305,925 | 40 days |
