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Green Hedges Possum Woods

SPRINGFIELD, OH 45506

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

Neighborhoods in ZIP 45506

Green Hedges · Possum Woods

Market Analysis

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

The SPRINGFIELD, OH real estate market (45506) currently shows 36 active listings, with 20 pending sales. Homes are averaging 60 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 taking longer to sell, averaging 60 days on market compared to 24 days last year.

The median listing price has fallen 9% year-over-year, from $117,500 to $106,875.

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: 13,145  ·  Density: 415.2/mi²  ·  Median household income: $42,746

Typical home value: $93,611  ·  Homeownership: 56.9%

Market Overview

Active Listings
36
⇩ 7.7% vs 39 last year
Pending
20
56% pending ratio
Median Price
$106,875
⇩ 9% vs $117,500 last year
Average Price
$114,551
⇩ 27.1% vs $157,226 last year
Days on Market
60
⇧ 150% vs 24 days last year

Price Per Square Foot

Median $/sqft
$86
⇩ 19.6% vs $107/sqft last year
Median Home Size
1,444 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 36 this year vs 39 last year
  • Days on market: 60 now vs 24 last year

Median & Average Pricing

Year over Year
  • Median: $106,875 (-9% YoY)
  • Average: $114,551 (-27.1% 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 16.4 miles — 345 listings ($84,554,474 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
45506Springfield, OH 455060.0 mi31$4,894,993$132,425$157,903
45504Springfield, OH 455043.5 mi42$10,517,472$198,175$250,416
45319Donnelsville, OH 453195.0 mi4$1,033,200$314,950$258,300
45503Springfield, OH 455036.2 mi109$24,243,889$198,050$222,421
45349North Hampton, OH 453497.8 mi1$169,900$169,900$169,900
45341Medway, OH 453419.1 mi5$997,270$220,625$199,454
45324Fairborn, OH 453249.6 mi71$17,377,392$229,425$244,752
45314Cedarville, OH 4531411.4 mi6$2,999,898$441,500$499,983
45369South Vienna, OH 4536913.7 mi7$2,526,440$352,400$360,920
45389Christiansburg, OH 4538914.2 mi2$259,998$129,999$129,999
43078Urbana, OH 4307815.3 mi51$14,699,169$248,675$288,219
43072Saint Paris, OH 4307216.0 mi13$3,863,678$240,000$297,206
45312Casstown, OH 4531216.4 mi3$971,175$323,725$323,725

Frequently Asked Questions

How many homes are for sale in SPRINGFIELD, OH 45506?

As of April 2026, there are 36 active listings in SPRINGFIELD, OH (zip code 45506), compared to 39 the prior year.

What is the median home price in SPRINGFIELD, OH 45506?

The median listing price in SPRINGFIELD, OH 45506 is $106,875 as of April 2026, a 9% decrease from $117,500 the prior year.

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

Homes in SPRINGFIELD, OH 45506 spend an average of 60 days on the market before going under contract, compared to 24 days the prior year.

Is it a seller's or buyer's market in SPRINGFIELD, OH 45506?

Based on current inventory and days-on-market data as of April 2026, SPRINGFIELD, OH 45506 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 60 days on market compared to 24 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 45506 save an estimated $2,138 compared to a typical 5% commission on the median listing price of $106,875. 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.