Population: 32,539 · Density: 817.7/mi² · Median household income: $51,814
Typical home value: $98,285 · Homeownership: 63.1%
Data as of January 2026. Source: Realtor.com.
The SPRINGFIELD, IL real estate market (62702) currently shows 67 active listings, with 26 pending sales. Homes are averaging 38 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 selling faster, averaging 38 days on market compared to 51 days last year.
The median listing price has risen 25.3% year-over-year, from $95,725 to $119,950.
Whether you are buying or selling in SPRINGFIELD, IL, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 62702 | Springfield, IL 62702 | 0.0 mi | 67 | $10,070,971 | $119,950 | $150,313 |
| 62704 | Springfield, IL 62704 | 4.1 mi | 88 | $17,389,856 | $164,900 | $197,612 |
| 62712 | Springfield, IL 62712 | 6.1 mi | 20 | $8,079,280 | $399,900 | $403,964 |
| 62625 | Cantrall, IL 62625 | 6.4 mi | 2 | $438,000 | $219,000 | $219,000 |
| 62561 | Riverton, IL 62561 | 7.9 mi | 6 | $1,439,700 | $240,000 | $239,950 |
| 62563 | Rochester, IL 62563 | 10.6 mi | 13 | $5,846,126 | $312,922 | $449,702 |
| 62693 | Williamsville, IL 62693 | 11.3 mi | 2 | $499,900 | $249,950 | $249,950 |
| 62677 | Pleasant Plains, IL 62677 | 12.6 mi | 6 | $3,247,350 | $259,450 | $541,225 |
| 62670 | New Berlin, IL 62670 | 14.5 mi | 3 | $279,600 | $93,200 | $93,200 |
| 62519 | Cornland, IL 62519 | 15.0 mi | 1 | $190,000 | $190,000 | $190,000 |
| 62634 | Elkhart, IL 62634 | 16.8 mi | 1 | $125,000 | $125,000 | $125,000 |
| 62688 | Tallula, IL 62688 | 17.1 mi | 5 | $1,049,500 | $209,900 | $209,900 |
| 62675 | Petersburg, IL 62675 | 17.9 mi | 9 | $2,587,887 | $229,000 | $287,543 |
As of January 2026, there are 67 active listings in SPRINGFIELD, IL (zip code 62702), compared to 69 the prior year.
The median listing price in SPRINGFIELD, IL 62702 is $119,950 as of January 2026, a 25.3% increase from $95,725 the prior year.
Homes in SPRINGFIELD, IL 62702 spend an average of 38 days on the market before going under contract, compared to 51 days the prior year.
Based on current inventory and days-on-market data as of January 2026, SPRINGFIELD, IL 62702 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 38 days on market compared to 51 days last year.
With SELL123.com's maximum 3% commission, sellers in SPRINGFIELD, IL 62702 save an estimated $2,399 compared to a typical 5% commission on the median listing price of $119,950. 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.