Springfield Market Report
$335,849
AVERAGE PRICE OF 794 HOMES$114,960
AVERAGE PRICE OF 5 DISTRESSED HOMES$1,540,857
AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES$480,922
AVERAGE PRICE OF 120 NEWLY BUILT HOMES$594,531
AVERAGE PRICE OF 32 HOMES WITH A POOL$334,205
AVERAGE PRICE OF 42 REDUCED PRICE HOMESAverage Home
| Average Price | $335,849 |
| Avg Bedrooms | 3.35 beds |
| Avg Bathrooms | 2.32 baths |
Average Price by Bedrooms
| 1 bedroom | $90,933 |
| 2 bedrooms | $149,462 |
| 3 bedrooms | $273,874 |
| 4 bedrooms | $440,096 |
| 5 bedrooms | $586,414 |
Springfield Home Price Trends
| 8/2023 | 7/2023 | 6/2023 | 5/2023 | 4/2023 | |
|---|---|---|---|---|---|
| Total Listings | 751 | 706 | 673 | 654 | 595 |
| Average Price | $341,409 | $333,032 | $337,564 | $347,211 | $345,434 |
| Avg Price Change | +2.52% | -1.36% | -2.86% | +0.51% | +3.63% |
| Median Price | $276,858 | $268,092 | $268,675 | $271,753 | $269,141 |
| Med Price Change | +3.27% | -0.22% | -1.15% | +0.97% | +3.33% |
| Avg Bedrooms | 3.39 beds | 3.35 beds | 3.42 beds | 3.41 beds | 3.4 beds |
| Avg Bathrooms | 2.36 baths | 2.36 baths | 2.4 baths | 2.41 baths | 2.38 baths |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 794 | $335,849 | 50 days |
| Distressed Homes | 5 | $114,960 | 64 days |
| Multi-Million Dollar Homes | 14 | $1,540,857 | 70 days |
| Newly Built Homes | 120 | $480,922 | 80 days |
| Homes with a Pool | 32 | $594,531 | 50 days |
| Reduced Price Homes | 42 | $334,205 | 50 days |
