Data as of March 2026. Source: Realtor.com.
The Springfield, IL real estate market currently shows 278 active listings, with 159 pending sales. Homes are averaging 34.5 days on the market before going under contract.
Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.
Homes are selling faster, averaging 34.5 days on market compared to 48.3 days last year.
The median listing price has risen 15.7% year-over-year, from $174,650 to $202,002.
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.
Population: 138,680 · Density: 773.2/mi² · Median household income: $67,466
Typical home value: $151,624 · Homeownership: 65.4%
Springfield: 62701, 62702, 62703, 62704, 62705, 62706, 62708, 62711, 62712, 62716, 62723, 62762
Vinegar Hill: 62715, 62719, 62722, 62726, 62736, 62756, 62761, 62767, 62776, 62777, 62781, 62786
South Town: 62739, 62757, 62765
Walnut Valley: 62707