Population: 40,495 · Density: 1,278.9/mi² · Median household income: $63,120
Typical home value: $156,157 · Homeownership: 59.5%
Data as of January 2026. Source: Realtor.com.
The SPRINGFIELD, IL real estate market (62704) currently shows 88 active listings, with 47 pending sales. Homes are averaging 44 days on the market before going under contract.
Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice.
Homes are selling faster, averaging 44 days on market compared to 54 days last year.
The median listing price has fallen 2% year-over-year, from $168,250 to $164,900.
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 $ |
|---|---|---|---|---|---|---|
| 62704 | Springfield, IL 62704 | 0.0 mi | 88 | $17,389,856 | $164,900 | $197,612 |
| 62703 | Springfield, IL 62703 | 3.0 mi | 42 | $4,189,206 | $84,900 | $99,743 |
| 62712 | Springfield, IL 62712 | 5.7 mi | 20 | $8,079,280 | $399,900 | $403,964 |
| 62629 | Chatham, IL 62629 | 6.8 mi | 27 | $10,840,635 | $369,000 | $401,505 |
| 62563 | Rochester, IL 62563 | 10.6 mi | 13 | $5,846,126 | $312,922 | $449,702 |
| 62661 | Loami, IL 62661 | 11.2 mi | 2 | $299,800 | $149,900 | $149,900 |
| 62677 | Pleasant Plains, IL 62677 | 11.5 mi | 6 | $3,247,350 | $259,450 | $541,225 |
| 62520 | Dawson, IL 62520 | 12.4 mi | 2 | $444,000 | $222,000 | $222,000 |
| 62530 | Divernon, IL 62530 | 14.7 mi | 6 | $914,700 | $152,450 | $152,450 |
| 62613 | Athens, IL 62613 | 15.0 mi | 7 | $2,223,641 | $127,450 | $317,663 |
| 62545 | Mechanicsburg, IL 62545 | 15.8 mi | 2 | $314,000 | $157,000 | $157,000 |
| 62515 | Buffalo, IL 62515 | 17.8 mi | 2 | $300,000 | $150,000 | $150,000 |
| 62570 | Tovey, IL 62570 | 18.3 mi | 1 | $110,000 | $110,000 | $110,000 |
As of January 2026, there are 88 active listings in SPRINGFIELD, IL (zip code 62704), compared to 69 the prior year.
The median listing price in SPRINGFIELD, IL 62704 is $164,900 as of January 2026, a 2% decrease from $168,250 the prior year.
Homes in SPRINGFIELD, IL 62704 spend an average of 44 days on the market before going under contract, compared to 54 days the prior year.
Based on current inventory and days-on-market data as of January 2026, SPRINGFIELD, IL 62704 is currently a Balanced Market. Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice. Homes are selling faster, averaging 44 days on market compared to 54 days last year.
With SELL123.com's maximum 3% commission, sellers in SPRINGFIELD, IL 62704 save an estimated $3,298 compared to a typical 5% commission on the median listing price of $164,900. 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.