Data as of April 2026. Source: Realtor.com.
The SPRINGFIELD, IL real estate market (62707) currently shows 11 active listings, with 8 pending sales. Homes are averaging 69 days on the market before going under contract.
Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 69 days on market compared to 43 days last year.
The median listing price has risen 101.5% year-over-year, from $195,175 to $393,250.
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 April 2026, there are 11 active listings in SPRINGFIELD, IL (zip code 62707), compared to 15 the prior year.
The median listing price in SPRINGFIELD, IL 62707 is $393,250 as of April 2026, a 101.5% increase from $195,175 the prior year.
Homes in SPRINGFIELD, IL 62707 spend an average of 69 days on the market before going under contract, compared to 43 days the prior year.
Based on current inventory and days-on-market data as of April 2026, SPRINGFIELD, IL 62707 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 69 days on market compared to 43 days last year.
With SELL123.com's maximum 3% commission, sellers in SPRINGFIELD, IL 62707 save an estimated $7,865 compared to a typical 5% commission on the median listing price of $393,250. 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.