Data as of April 2026. Source: Realtor.com.
The SPRINGFIELD, IL real estate market (62704) currently shows 87 active listings, with 67 pending sales. Homes are averaging 34 days on the market before going under contract.
Inventory has tightened compared to last year, with 19 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 34 days on market compared to 25 days last year.
The median listing price has risen 20.4% year-over-year, from $179,725 to $216,350.
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: 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 April 2026, there are 87 active listings in SPRINGFIELD, IL (zip code 62704), compared to 106 the prior year.
The median listing price in SPRINGFIELD, IL 62704 is $216,350 as of April 2026, a 20.4% increase from $179,725 the prior year.
Homes in SPRINGFIELD, IL 62704 spend an average of 34 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 April 2026, SPRINGFIELD, IL 62704 is currently a Balanced Market. Inventory has tightened compared to last year, with 19 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 34 days on market compared to 25 days last year.
With SELL123.com's maximum 3% commission, sellers in SPRINGFIELD, IL 62704 save an estimated $4,327 compared to a typical 5% commission on the median listing price of $216,350. 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.