Data as of July 2026. Source: Realtor.com.
The SPRINGFIELD, IL real estate market (62702) currently shows 85 active listings, with 42 pending sales. Homes are averaging 28 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
The median listing price has fallen 33.3% year-over-year, from $127,400 to $84,950.
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.
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 July 2026, there are 85 active listings in SPRINGFIELD, IL (zip code 62702), compared to 86 the prior year.
The median listing price in SPRINGFIELD, IL 62702 is $84,950 as of July 2026, a 33.3% decrease from $127,400 the prior year.
Homes in SPRINGFIELD, IL 62702 spend an average of 28 days on the market before going under contract, compared to 28 days the prior year.
Based on current inventory and days-on-market data as of July 2026, SPRINGFIELD, IL 62702 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
With SELL123.com's maximum 3% commission, sellers in SPRINGFIELD, IL 62702 save an estimated $1,699 compared to a typical 5% commission on the median listing price of $84,950. 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.