Data as of January 2026. Source: Realtor.com.
The Springfield, IL real estate market currently shows 263 active listings, with 118 pending sales. Homes are averaging 50.1 days on the market before going under contract.
Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 50.1 days on market compared to 59.2 days last year.
The median listing price has risen 10.1% year-over-year, from $177,299 to $195,139.
Whether you are buying or selling in Springfield, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Springfield: 62701, 62702, 62703, 62704, 62705, 62706, 62707, 62708, 62711, 62712, 62715, 62716
ZIP coverage: 35 · Population: 138,680 · Median household income: $67,466
Typical home value: $151,624 · Homeownership rate: 65.4%