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City / Town Overview

Springfield, OR

Aggregate real estate market report across all ZIPs in scope
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
151
⇩ 1.3% vs 153 last year
Pending
54
36% pending ratio
Median Price
$476,872
⇧ 4.5% vs $456,383 last year
Average Price
$565,989
⇧ 0.7% vs $562,249 last year
Days on Market
99.1
⇧ 49.5% vs 66 days last year

Market Analysis

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

The Springfield, OR real estate market currently shows 151 active listings, with 54 pending sales. Homes are averaging 99.1 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 99.1 days on market compared to 66.3 days last year.

The median listing price has risen 4.5% year-over-year, from $456,383 to $476,872.

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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Included Areas

Springfield: 97475, 97477, 97478

Market Context

ZIP coverage: 3  ·  Population: 77,373  ·  Median household income: $66,596

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

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings