Data as of September 2026. Source: Realtor.com.
The SPRINGFIELD, IL real estate market (62703) currently shows 87 active listings, with 42 pending sales. Homes are averaging 48 days on the market before going under contract.
Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 48 days on market compared to 25 days last year.
The median listing price has fallen 5% year-over-year, from $86,850 to $82,475.
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 September 2026, there are 87 active listings in SPRINGFIELD, IL (zip code 62703), compared to 66 the prior year.
The median listing price in SPRINGFIELD, IL 62703 is $82,475 as of September 2026, a 5% decrease from $86,850 the prior year.
Homes in SPRINGFIELD, IL 62703 spend an average of 48 days on the market before going under contract, compared to 25 days the prior year.
Based on current inventory and days-on-market data as of September 2026, SPRINGFIELD, IL 62703 is currently a Buyer's Market. Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 48 days on market compared to 25 days last year.
With SELL123.com's maximum 3% commission, sellers in SPRINGFIELD, IL 62703 save an estimated $1,650 compared to a typical 5% commission on the median listing price of $82,475. 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.