Springfield Market Report
$310,075
AVERAGE PRICE OF 649 HOMES$73,380
AVERAGE PRICE OF 5 DISTRESSED HOMES$1,621,813
AVERAGE PRICE OF 16 MULTI-MILLION DOLLAR HOMES$487,637
AVERAGE PRICE OF 58 NEWLY BUILT HOMES$707,522
AVERAGE PRICE OF 22 HOMES WITH A POOL$357,260
AVERAGE PRICE OF 10 REDUCED PRICE HOMESAverage Home
| Average Price | $310,075 |
| Avg Bedrooms | 3.26 beds |
| Avg Bathrooms | 2.28 baths |
Average Price by Bedrooms
| 1 bedroom | $64,514 |
| 2 bedrooms | $146,157 |
| 3 bedrooms | $256,252 |
| 4 bedrooms | $408,489 |
| 5 bedrooms | $559,678 |
Springfield Home Price Trends
| 10/2022 | 9/2022 | 8/2022 | 7/2022 | 6/2022 | |
|---|---|---|---|---|---|
| Total Listings | 666 | 707 | 775 | 775 | n/a |
| Average Price | $303,581 | $310,452 | $306,427 | $313,725 | n/a |
| Avg Price Change | -2.26% | +1.31% | -2.38% | n/a | n/a |
| Median Price | $239,671 | $239,906 | $235,458 | $246,200 | n/a |
| Med Price Change | -0.10% | +1.89% | -4.56% | n/a | n/a |
| Avg Bedrooms | 3.25 beds | 3.28 beds | 3.31 beds | 3.34 beds | n/a |
| Avg Bathrooms | 2.28 baths | 2.29 baths | 2.32 baths | 2.37 baths | n/a |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 649 | $310,075 | 55 days |
| Distressed Homes | 5 | $73,380 | 35 days |
| Multi-Million Dollar Homes | 16 | $1,621,813 | 190 days |
| Newly Built Homes | 58 | $487,637 | 67 days |
| Homes with a Pool | 22 | $707,522 | 88 days |
| Reduced Price Homes | 10 | $357,260 | 47 days |
