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SPRINGFIELD, OR 97477

Real Estate Market Report  ·  Lane County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
68
⇩ 2.9% vs 70 last year
Pending
24
35% pending ratio
Median Price
$439,950
⇧ 7% vs $411,246 last year
Average Price
$482,742
⇧ 9.6% vs $440,626 last year
Days on Market
87
⇧ 38.1% vs 63 days last year

Market Context

Population: 38,105  ·  Density: 1,184.4/mi²  ·  Median household income: $58,621

Typical home value: $311,029  ·  Homeownership: 51.7%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The SPRINGFIELD, OR real estate market (97477) currently shows 68 active listings, with 24 pending sales. Homes are averaging 87 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 taking longer to sell, averaging 87 days on market compared to 63 days last year.

The median listing price has risen 7% year-over-year, from $411,246 to $439,950.

Whether you are buying or selling in SPRINGFIELD, OR, 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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 68 this year vs 70 last year
  • Days on market: 87 now vs 63 last year

Median & Average Pricing

Year over Year
  • Median: $439,950 (+7% YoY)
  • Average: $482,742 (+9.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.9 miles — 360 listings ($217,493,533 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97477Springfield, OR 974770.0 mi68$32,826,456$439,950$482,742
97401Eugene, OR 974013.6 mi72$47,259,648$589,000$656,384
97404Eugene, OR 974046.9 mi71$39,758,083$497,000$559,973
97478Springfield, OR 974788.5 mi83$52,637,936$507,121$634,192
97426Creswell, OR 9742610.8 mi26$17,863,378$584,000$687,053
97454Marcola, OR 9745414.6 mi4$2,724,000$575,000$681,000
97431Dexter, OR 9743116.2 mi6$2,512,560$439,900$418,760
97452Lowell, OR 9745218.7 mi5$4,282,000$670,000$856,400
97438Fall Creek, OR 9743818.9 mi5$3,574,915$750,000$714,983
97489Walterville, OR 9748919.8 mi3$1,658,991$475,000$552,997
97451Lorane, OR 9745121.3 mi1$3,490,000$3,490,000$3,490,000
97327Brownsville, OR 9732722.1 mi13$7,534,566$489,450$579,582
97461Noti, OR 9746123.9 mi3$1,371,000$457,000$457,000

Frequently Asked Questions

How many homes are for sale in SPRINGFIELD, OR 97477?

As of January 2026, there are 68 active listings in SPRINGFIELD, OR (zip code 97477), compared to 70 the prior year.

What is the median home price in SPRINGFIELD, OR 97477?

The median listing price in SPRINGFIELD, OR 97477 is $439,950 as of January 2026, a 7% increase from $411,246 the prior year.

How long do homes stay on the market in SPRINGFIELD, OR?

Homes in SPRINGFIELD, OR 97477 spend an average of 87 days on the market before going under contract, compared to 63 days the prior year.

Is it a seller's or buyer's market in SPRINGFIELD, OR 97477?

Based on current inventory and days-on-market data as of January 2026, SPRINGFIELD, OR 97477 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 87 days on market compared to 63 days last year.

How much can I save on real estate commission in SPRINGFIELD, OR?

With SELL123.com's maximum 3% commission, sellers in SPRINGFIELD, OR 97477 save an estimated $8,799 compared to a typical 5% commission on the median listing price of $439,950. 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.