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Balentine Acres Cedar Hills Forest Hills Upper Fox Hollow Victoria Villa Westridge

SPRINGFIELD, OH 45504

Real Estate Market Report
Seller's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 45504

Balentine Acres · Cedar Hills · Forest Hills · Upper Fox Hollow · Victoria Villa · Westridge

Market Analysis

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

The SPRINGFIELD, OH real estate market (45504) currently shows 45 active listings, with 19 pending sales. Homes are averaging 34 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 34 days on market compared to 44 days last year.

The median listing price has fallen 25.8% year-over-year, from $294,900 to $218,750.

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: 16,069  ·  Density: 282.6/mi²  ·  Median household income: $62,780

Typical home value: $151,665  ·  Homeownership: 72.6%

Market Overview

Active Listings
45
⇩ 6.3% vs 48 last year
Pending
19
42% pending ratio
Median Price
$218,750
⇩ 25.8% vs $294,900 last year
Average Price
$280,176
⇩ 25.6% vs $376,502 last year
Days on Market
34
⇩ 22.7% vs 44 days last year

Price Per Square Foot

Median $/sqft
$153
⇧ 1.3% vs $151/sqft last year
Median Home Size
1,662 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 45 this year vs 48 last year
  • Days on market: 34 now vs 44 last year

Median & Average Pricing

Year over Year
  • Median: $218,750 (-25.8% YoY)
  • Average: $280,176 (-25.6% 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 17.4 miles — 420 listings ($104,458,857 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
45504Springfield, OH 455040.0 mi42$10,517,472$198,175$250,416
45506Springfield, OH 455063.5 mi31$4,894,993$132,425$157,903
45372Tremont City, OH 453724.8 mi1$219,900$219,900$219,900
45503Springfield, OH 455035.2 mi109$24,243,889$198,050$222,421
45323Enon, OH 453237.5 mi12$3,649,224$256,400$304,102
45341Medway, OH 453419.6 mi5$997,270$220,625$199,454
45389Christiansburg, OH 4538911.3 mi2$259,998$129,999$129,999
43078Urbana, OH 4307812.3 mi51$14,699,169$248,675$288,219
45368South Charleston, OH 4536813.3 mi7$1,625,750$232,250$232,250
45369South Vienna, OH 4536913.9 mi7$2,526,440$352,400$360,920
45424Dayton, OH 4542414.8 mi140$36,929,900$246,950$263,785
45384Wilberforce, OH 4538416.2 mi1$249,900$249,900$249,900
43044Mechanicsburg, OH 4304417.4 mi12$3,644,952$298,025$303,746

Frequently Asked Questions

How many homes are for sale in SPRINGFIELD, OH 45504?

As of March 2026, there are 45 active listings in SPRINGFIELD, OH (zip code 45504), compared to 48 the prior year.

What is the median home price in SPRINGFIELD, OH 45504?

The median listing price in SPRINGFIELD, OH 45504 is $218,750 as of March 2026, a 25.8% decrease from $294,900 the prior year.

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

Homes in SPRINGFIELD, OH 45504 spend an average of 34 days on the market before going under contract, compared to 44 days the prior year.

Is it a seller's or buyer's market in SPRINGFIELD, OH 45504?

Based on current inventory and days-on-market data as of March 2026, SPRINGFIELD, OH 45504 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 34 days on market compared to 44 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 45504 save an estimated $4,375 compared to a typical 5% commission on the median listing price of $218,750. 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.