Population: 28,809 · Density: 745.6/mi² · Median household income: $43,760
Typical home value: $94,473 · Homeownership: 55.0%
Data as of January 2026. Source: Realtor.com.
The SPRINGFIELD, IL real estate market (62703) currently shows 42 active listings, with 17 pending sales. Homes are averaging 58 days on the market before going under contract.
Inventory has tightened compared to last year, with 23 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 58 days on market compared to 62 days last year.
The median listing price has fallen 6.6% year-over-year, from $90,925 to $84,900.
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 $ |
|---|---|---|---|---|---|---|
| 62703 | Springfield, IL 62703 | 0.0 mi | 42 | $4,189,206 | $84,900 | $99,743 |
| 62704 | Springfield, IL 62704 | 3.0 mi | 88 | $17,389,856 | $164,900 | $197,612 |
| 62711 | Springfield, IL 62711 | 5.4 mi | 35 | $18,367,860 | $421,000 | $524,796 |
| 62629 | Chatham, IL 62629 | 7.5 mi | 27 | $10,840,635 | $369,000 | $401,505 |
| 62561 | Riverton, IL 62561 | 9.9 mi | 6 | $1,439,700 | $240,000 | $239,950 |
| 62625 | Cantrall, IL 62625 | 10.5 mi | 2 | $438,000 | $219,000 | $219,000 |
| 62558 | Pawnee, IL 62558 | 12.9 mi | 3 | $616,950 | $213,900 | $205,650 |
| 62661 | Loami, IL 62661 | 13.0 mi | 2 | $299,800 | $149,900 | $149,900 |
| 62530 | Divernon, IL 62530 | 13.9 mi | 6 | $914,700 | $152,450 | $152,450 |
| 62677 | Pleasant Plains, IL 62677 | 14.4 mi | 6 | $3,247,350 | $259,450 | $541,225 |
| 62531 | Edinburg, IL 62531 | 15.2 mi | 2 | $179,800 | $89,900 | $89,900 |
| 62517 | Bulpitt, IL 62517 | 15.7 mi | 1 | $60,000 | $60,000 | $60,000 |
| 62613 | Athens, IL 62613 | 15.8 mi | 7 | $2,223,641 | $127,450 | $317,663 |
As of January 2026, there are 42 active listings in SPRINGFIELD, IL (zip code 62703), compared to 65 the prior year.
The median listing price in SPRINGFIELD, IL 62703 is $84,900 as of January 2026, a 6.6% decrease from $90,925 the prior year.
Homes in SPRINGFIELD, IL 62703 spend an average of 58 days on the market before going under contract, compared to 62 days the prior year.
Based on current inventory and days-on-market data as of January 2026, SPRINGFIELD, IL 62703 is currently a Seller's Market. Inventory has tightened compared to last year, with 23 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 58 days on market compared to 62 days last year.
With SELL123.com's maximum 3% commission, sellers in SPRINGFIELD, IL 62703 save an estimated $1,698 compared to a typical 5% commission on the median listing price of $84,900. 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.