Data as of July 2026. Source: Realtor.com.
The SPRINGFIELD, IL real estate market (62707) currently shows 17 active listings, with 14 pending sales. Homes are averaging 48 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 48 days on market compared to 47 days last year.
The median listing price has risen 32.9% year-over-year, from $208,675 to $277,400.
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: 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 July 2026, there are 17 active listings in SPRINGFIELD, IL (zip code 62707), compared to 14 the prior year.
The median listing price in SPRINGFIELD, IL 62707 is $277,400 as of July 2026, a 32.9% increase from $208,675 the prior year.
Homes in SPRINGFIELD, IL 62707 spend an average of 48 days on the market before going under contract, compared to 47 days the prior year.
Based on current inventory and days-on-market data as of July 2026, SPRINGFIELD, IL 62707 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 48 days on market compared to 47 days last year.
With SELL123.com's maximum 3% commission, sellers in SPRINGFIELD, IL 62707 save an estimated $5,548 compared to a typical 5% commission on the median listing price of $277,400. 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.