Data as of September 2026. Source: Realtor.com.
The SPRINGFIELD, IL real estate market (62702) currently shows 92 active listings, with 37 pending sales. Homes are averaging 28 days on the market before going under contract.
Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 28 days on market compared to 30 days last year.
The median listing price has fallen 14.4% year-over-year, from $114,900 to $98,300.
Population: 32,539 · Density: 817.7/mi² · Median household income: $51,814
Typical home value: $98,285 · Homeownership: 63.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 62702 | Springfield, IL 62702 | 0.0 mi | 66 | $8,936,532 | $124,900 | $135,402 |
| 62704 | Springfield, IL 62704 | 4.1 mi | 82 | $16,600,080 | $148,425 | $202,440 |
| 62712 | Springfield, IL 62712 | 6.1 mi | 17 | $7,139,592 | $388,750 | $419,976 |
| 62625 | Cantrall, IL 62625 | 6.4 mi | 3 | $2,220,000 | $740,000 | $740,000 |
| 62561 | Riverton, IL 62561 | 7.9 mi | 5 | $1,162,445 | $230,000 | $232,489 |
| 62629 | Chatham, IL 62629 | 10.8 mi | 25 | $11,234,625 | $452,900 | $449,385 |
| 62613 | Athens, IL 62613 | 11.6 mi | 8 | $1,066,736 | $134,975 | $133,342 |
| 62536 | Glenarm, IL 62536 | 13.4 mi | 0 | $0 | $660,000 | $660,000 |
| 62670 | New Berlin, IL 62670 | 14.5 mi | 3 | $450,975 | $150,325 | $150,325 |
| 62634 | Elkhart, IL 62634 | 16.8 mi | 1 | $124,900 | $124,900 | $124,900 |
| 62688 | Tallula, IL 62688 | 17.1 mi | 4 | $839,600 | $209,900 | $209,900 |
| 62675 | Petersburg, IL 62675 | 17.9 mi | 13 | $3,531,385 | $304,950 | $271,645 |
| 62530 | Divernon, IL 62530 | 18.1 mi | 3 | $449,901 | $152,450 | $149,967 |
As of September 2026, there are 92 active listings in SPRINGFIELD, IL (zip code 62702), compared to 97 the prior year.
The median listing price in SPRINGFIELD, IL 62702 is $98,300 as of September 2026, a 14.4% decrease from $114,900 the prior year.
Homes in SPRINGFIELD, IL 62702 spend an average of 28 days on the market before going under contract, compared to 30 days the prior year.
Based on current inventory and days-on-market data as of September 2026, SPRINGFIELD, IL 62702 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 28 days on market compared to 30 days last year.
With SELL123.com's maximum 3% commission, sellers in SPRINGFIELD, IL 62702 save an estimated $1,966 compared to a typical 5% commission on the median listing price of $98,300. 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.