Population: 7,725 · Density: 71.3/mi² · Median household income: $86,500
Typical home value: $153,757 · Homeownership: 92.1%
Data as of January 2026. Source: Realtor.com.
The SPRINGFIELD, IL real estate market (62707) currently shows 11 active listings, with 5 pending sales. Homes are averaging 65 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 selling faster, averaging 65 days on market compared to 67 days last year.
The median listing price has risen 3.5% year-over-year, from $217,325 to $225,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 62707 | Springfield, IL 62707 | 0.0 mi | 11 | $3,392,554 | $225,000 | $308,414 |
| 62625 | Cantrall, IL 62625 | 4.4 mi | 2 | $438,000 | $219,000 | $219,000 |
| 62704 | Springfield, IL 62704 | 5.9 mi | 88 | $17,389,856 | $164,900 | $197,612 |
| 62711 | Springfield, IL 62711 | 7.5 mi | 35 | $18,367,860 | $421,000 | $524,796 |
| 62712 | Springfield, IL 62712 | 8.1 mi | 20 | $8,079,280 | $399,900 | $403,964 |
| 62693 | Williamsville, IL 62693 | 9.9 mi | 2 | $499,900 | $249,950 | $249,950 |
| 62677 | Pleasant Plains, IL 62677 | 12.0 mi | 6 | $3,247,350 | $259,450 | $541,225 |
| 62629 | Chatham, IL 62629 | 12.7 mi | 27 | $10,840,635 | $369,000 | $401,505 |
| 62515 | Buffalo, IL 62515 | 15.0 mi | 2 | $300,000 | $150,000 | $150,000 |
| 62545 | Mechanicsburg, IL 62545 | 15.2 mi | 2 | $314,000 | $157,000 | $157,000 |
| 62688 | Tallula, IL 62688 | 15.8 mi | 5 | $1,049,500 | $209,900 | $209,900 |
| 62661 | Loami, IL 62661 | 16.6 mi | 2 | $299,800 | $149,900 | $149,900 |
| 62558 | Pawnee, IL 62558 | 19.2 mi | 3 | $616,950 | $213,900 | $205,650 |
As of January 2026, there are 11 active listings in SPRINGFIELD, IL (zip code 62707), compared to 14 the prior year.
The median listing price in SPRINGFIELD, IL 62707 is $225,000 as of January 2026, a 3.5% increase from $217,325 the prior year.
Homes in SPRINGFIELD, IL 62707 spend an average of 65 days on the market before going under contract, compared to 67 days the prior year.
Based on current inventory and days-on-market data as of January 2026, SPRINGFIELD, IL 62707 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 65 days on market compared to 67 days last year.
With SELL123.com's maximum 3% commission, sellers in SPRINGFIELD, IL 62707 save an estimated $4,500 compared to a typical 5% commission on the median listing price of $225,000. 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.