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City / Town Overview

Springfield, OR

Aggregate real estate market report across all ZIPs in scope
Seller's Market
June 2026  ·  Source: Realtor.com

Market Analysis

Data as of June 2026. Source: Realtor.com.

The Springfield, OR real estate market currently shows 231 active listings, with 100 pending sales. Homes are averaging 42.6 days on the market before going under contract.

Inventory has tightened compared to last year, with 26 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 42.6 days on market compared to 47.6 days last year.

The median listing price has risen 11.3% year-over-year, from $475,113 to $528,913.

Whether you are buying or selling in Springfield, OR, 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.

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Market Context

Market Context

Population: 77,373  ·  Density: 629.0/mi²  ·  Median household income: $66,596

Typical home value: $320,415  ·  Homeownership: 60.4%

Included Areas

Springfield: 97475, 97477, 97478

Area Map

Market Overview

Active Listings
231
⇩ 10.1% vs 257 last year
Pending
100
43% pending ratio
Median Price
$528,913
⇧ 11.3% vs $475,113 last year
Average Price
$603,766
⇧ 1.7% vs $593,802 last year
Days on Market
42.6
⇩ 10.5% vs 48 days last year

Price Per Square Foot

Median $/sqft
$307
⇧ 0.4% vs $306/sqft last year
Median Home Size
1,732 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %