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Ridgewood Snyder Terrace Southgate

SPRINGFIELD, OH 45502

Real Estate Market Report  ·  Clark County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 45502

Ridgewood · Snyder Terrace · Southgate

Market Analysis

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

The SPRINGFIELD, OH real estate market (45502) currently shows 27 active listings, with 14 pending sales. Homes are averaging 78 days on the market before going under contract.

Inventory has tightened compared to last year, with 17 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 78 days on market compared to 26 days last year.

The median listing price has fallen 5.8% year-over-year, from $302,450 to $285,000.

Whether you are buying or selling in SPRINGFIELD, OH, 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: 17,715  ·  Density: 59.3/mi²  ·  Median household income: $85,023

Typical home value: $211,266  ·  Homeownership: 87.6%

Market Overview

Active Listings
27
⇩ 38.6% vs 44 last year
Pending
14
52% pending ratio
Median Price
$285,000
⇩ 5.8% vs $302,450 last year
Average Price
$363,710
⇧ 2.7% vs $354,065 last year
Days on Market
78
⇧ 200% vs 26 days last year

Price Per Square Foot

Median $/sqft
$175
⇩ 4.9% vs $184/sqft last year
Median Home Size
1,993 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 27 this year vs 44 last year
  • Days on market: 78 now vs 26 last year

Median & Average Pricing

Year over Year
  • Median: $285,000 (-5.8% YoY)
  • Average: $363,710 (+2.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.2 miles — 427 listings ($119,048,784 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
45502Springfield, OH 455020.0 mi31$11,003,047$285,000$354,937
45504Springfield, OH 455042.9 mi42$10,517,472$198,175$250,416
45503Springfield, OH 455033.4 mi109$24,243,889$198,050$222,421
45319Donnelsville, OH 453196.7 mi4$1,033,200$314,950$258,300
45323Enon, OH 453237.9 mi12$3,649,224$256,400$304,102
45344New Carlisle, OH 4534410.3 mi43$11,997,258$246,125$279,006
45341Medway, OH 4534111.4 mi5$997,270$220,625$199,454
45324Fairborn, OH 4532412.3 mi71$17,377,392$229,425$244,752
43078Urbana, OH 4307813.0 mi51$14,699,169$248,675$288,219
43072Saint Paris, OH 4307215.0 mi13$3,863,678$240,000$297,206
43044Mechanicsburg, OH 4304415.9 mi12$3,644,952$298,025$303,746
45312Casstown, OH 4531216.6 mi3$971,175$323,725$323,725
45434Dayton, OH 4543418.2 mi31$15,051,058$535,950$485,518

Frequently Asked Questions

How many homes are for sale in SPRINGFIELD, OH 45502?

As of March 2026, there are 27 active listings in SPRINGFIELD, OH (zip code 45502), compared to 44 the prior year.

What is the median home price in SPRINGFIELD, OH 45502?

The median listing price in SPRINGFIELD, OH 45502 is $285,000 as of March 2026, a 5.8% decrease from $302,450 the prior year.

How long do homes stay on the market in SPRINGFIELD, OH?

Homes in SPRINGFIELD, OH 45502 spend an average of 78 days on the market before going under contract, compared to 26 days the prior year.

Is it a seller's or buyer's market in SPRINGFIELD, OH 45502?

Based on current inventory and days-on-market data as of March 2026, SPRINGFIELD, OH 45502 is currently a Balanced Market. Inventory has tightened compared to last year, with 17 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 78 days on market compared to 26 days last year.

How much can I save on real estate commission in SPRINGFIELD, OH?

With SELL123.com's maximum 3% commission, sellers in SPRINGFIELD, OH 45502 save an estimated $5,700 compared to a typical 5% commission on the median listing price of $285,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.