Data as of September 2026. Source: Realtor.com.
The SPRINGFIELD, IL real estate market (62704) currently shows 100 active listings, with 55 pending sales. Homes are averaging 43 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 43 days on market compared to 30 days last year.
The median listing price has risen 4.7% year-over-year, from $194,625 to $203,725.
Population: 40,495 · Density: 1,278.9/mi² · Median household income: $63,120
Typical home value: $156,157 · Homeownership: 59.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 62704 | Springfield, IL 62704 | 0.0 mi | 82 | $16,600,080 | $148,425 | $202,440 |
| 62703 | Springfield, IL 62703 | 3.0 mi | 43 | $4,157,670 | $87,450 | $96,690 |
| 62712 | Springfield, IL 62712 | 5.7 mi | 17 | $7,139,592 | $388,750 | $419,976 |
| 62629 | Chatham, IL 62629 | 6.8 mi | 25 | $11,234,625 | $452,900 | $449,385 |
| 62536 | Glenarm, IL 62536 | 10.1 mi | 0 | $0 | $660,000 | $660,000 |
| 62684 | Sherman, IL 62684 | 10.8 mi | 15 | $4,750,380 | $328,850 | $316,692 |
| 62670 | New Berlin, IL 62670 | 11.4 mi | 3 | $450,975 | $150,325 | $150,325 |
| 62561 | Riverton, IL 62561 | 11.5 mi | 5 | $1,162,445 | $230,000 | $232,489 |
| 62530 | Divernon, IL 62530 | 14.7 mi | 3 | $449,901 | $152,450 | $149,967 |
| 62613 | Athens, IL 62613 | 15.0 mi | 8 | $1,066,736 | $134,975 | $133,342 |
| 62545 | Mechanicsburg, IL 62545 | 15.8 mi | 2 | $315,450 | $157,725 | $157,725 |
| 62531 | Edinburg, IL 62531 | 18.1 mi | 3 | $354,699 | $119,900 | $118,233 |
| 62692 | Waverly, IL 62692 | 18.9 mi | 4 | $203,800 | $50,950 | $50,950 |
As of September 2026, there are 100 active listings in SPRINGFIELD, IL (zip code 62704), compared to 103 the prior year.
The median listing price in SPRINGFIELD, IL 62704 is $203,725 as of September 2026, a 4.7% increase from $194,625 the prior year.
Homes in SPRINGFIELD, IL 62704 spend an average of 43 days on the market before going under contract, compared to 30 days the prior year.
Based on current inventory and days-on-market data as of September 2026, SPRINGFIELD, IL 62704 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 43 days on market compared to 30 days last year.
With SELL123.com's maximum 3% commission, sellers in SPRINGFIELD, IL 62704 save an estimated $4,075 compared to a typical 5% commission on the median listing price of $203,725. 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.