Data as of September 2026. Source: Realtor.com.
The SPRINGFIELD, IL real estate market (62707) currently shows 16 active listings, with 4 pending sales. Homes are averaging 27 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 27 days on market compared to 32 days last year.
The median listing price has fallen 9.4% year-over-year, from $199,825 to $180,950.
Population: 7,725 · Density: 71.3/mi² · Median household income: $86,500
Typical home value: $153,757 · Homeownership: 92.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 62707 | Springfield, IL 62707 | 0.0 mi | 12 | $3,424,980 | $232,250 | $285,415 |
| 62625 | Cantrall, IL 62625 | 4.4 mi | 3 | $2,220,000 | $740,000 | $740,000 |
| 62704 | Springfield, IL 62704 | 5.9 mi | 82 | $16,600,080 | $148,425 | $202,440 |
| 62711 | Springfield, IL 62711 | 7.5 mi | 33 | $16,043,214 | $436,925 | $486,158 |
| 62712 | Springfield, IL 62712 | 8.1 mi | 17 | $7,139,592 | $388,750 | $419,976 |
| 62693 | Williamsville, IL 62693 | 9.9 mi | 4 | $835,760 | $239,900 | $208,940 |
| 62563 | Rochester, IL 62563 | 12.4 mi | 13 | $6,049,771 | $301,250 | $465,367 |
| 62670 | New Berlin, IL 62670 | 15.2 mi | 3 | $450,975 | $150,325 | $150,325 |
| 62634 | Elkhart, IL 62634 | 15.3 mi | 1 | $124,900 | $124,900 | $124,900 |
| 62688 | Tallula, IL 62688 | 15.8 mi | 4 | $839,600 | $209,900 | $209,900 |
| 62661 | Loami, IL 62661 | 16.6 mi | 3 | $449,700 | $149,900 | $149,900 |
| 62666 | Middletown, IL 62666 | 16.8 mi | 1 | $319,900 | $319,900 | $319,900 |
| 62615 | Auburn, IL 62615 | 19.4 mi | 6 | $1,191,378 | $182,925 | $198,563 |
As of September 2026, there are 16 active listings in SPRINGFIELD, IL (zip code 62707), compared to 18 the prior year.
The median listing price in SPRINGFIELD, IL 62707 is $180,950 as of September 2026, a 9.4% decrease from $199,825 the prior year.
Homes in SPRINGFIELD, IL 62707 spend an average of 27 days on the market before going under contract, compared to 32 days the prior year.
Based on current inventory and days-on-market data as of September 2026, SPRINGFIELD, IL 62707 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 27 days on market compared to 32 days last year.
With SELL123.com's maximum 3% commission, sellers in SPRINGFIELD, IL 62707 save an estimated $3,619 compared to a typical 5% commission on the median listing price of $180,950. 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.