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City / Town Overview

Springfield, OR

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

Market Analysis

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

The Springfield, OR real estate market currently shows 258 active listings, with 85 pending sales. Homes are averaging 52.4 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 52.4 days on market compared to 58.6 days last year.

The median listing price has fallen 5.5% year-over-year, from $483,277 to $456,908.

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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
258
⇩ 1.1% vs 261 last year
Pending
85
33% pending ratio
Median Price
$456,908
⇩ 5.5% vs $483,277 last year
Average Price
$555,767
⇩ 6.3% vs $592,915 last year
Days on Market
52.4
⇩ 10.6% vs 59 days last year

Price Per Square Foot

Median $/sqft
$302
⇩ 2.1% vs $308/sqft last year
Median Home Size
1,606 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 %