Data as of March 2026. Source: Realtor.com.
The SPRINGFIELD, IL real estate market (62703) currently shows 55 active listings, with 31 pending sales. Homes are averaging 28 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 28 days on market compared to 53 days last year.
The median listing price has risen 1.2% year-over-year, from $84,950 to $85,950.
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: 28,809 · Density: 745.6/mi² · Median household income: $43,760
Typical home value: $94,473 · Homeownership: 55.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 62703 | Springfield, IL 62703 | 0.0 mi | 43 | $4,157,670 | $87,450 | $96,690 |
| 62704 | Springfield, IL 62704 | 3.0 mi | 82 | $16,600,080 | $148,425 | $202,440 |
| 62711 | Springfield, IL 62711 | 5.4 mi | 33 | $16,043,214 | $436,925 | $486,158 |
| 62629 | Chatham, IL 62629 | 7.5 mi | 25 | $11,234,625 | $452,900 | $449,385 |
| 62536 | Glenarm, IL 62536 | 9.2 mi | 0 | $0 | $660,000 | $660,000 |
| 62625 | Cantrall, IL 62625 | 10.5 mi | 3 | $2,220,000 | $740,000 | $740,000 |
| 62558 | Pawnee, IL 62558 | 12.9 mi | 3 | $599,700 | $199,900 | $199,900 |
| 62661 | Loami, IL 62661 | 13.0 mi | 3 | $449,700 | $149,900 | $149,900 |
| 62530 | Divernon, IL 62530 | 13.9 mi | 3 | $449,901 | $152,450 | $149,967 |
| 62677 | Pleasant Plains, IL 62677 | 14.4 mi | 5 | $2,416,525 | $381,175 | $483,305 |
| 62531 | Edinburg, IL 62531 | 15.2 mi | 3 | $354,699 | $119,900 | $118,233 |
| 62540 | Kincaid, IL 62540 | 16.7 mi | 3 | $494,700 | $164,900 | $164,900 |
| 62634 | Elkhart, IL 62634 | 20.0 mi | 1 | $124,900 | $124,900 | $124,900 |
As of March 2026, there are 55 active listings in SPRINGFIELD, IL (zip code 62703), compared to 57 the prior year.
The median listing price in SPRINGFIELD, IL 62703 is $85,950 as of March 2026, a 1.2% increase from $84,950 the prior year.
Homes in SPRINGFIELD, IL 62703 spend an average of 28 days on the market before going under contract, compared to 53 days the prior year.
Based on current inventory and days-on-market data as of March 2026, SPRINGFIELD, IL 62703 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 28 days on market compared to 53 days last year.
With SELL123.com's maximum 3% commission, sellers in SPRINGFIELD, IL 62703 save an estimated $1,719 compared to a typical 5% commission on the median listing price of $85,950. 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.