Springfield Real Estate Overview


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Average Listing Price

  • $174,304
  • for week ending Nov 12
  • +$6,341
  • +3.8%
  • w-o-w

Median Sales Price

  • $132,750
  • Aug '14 - Nov '14
  • +$17,750
  • +15.4%
  • y-o-y

Most popular neighborhoods Avg. listing Price
Week ending Nov 12
w-o-w
Historic West-Side $115,548 +0.8%
Springfield Lake Shore Improvement $500,240 +6.2%
Oaks $242,846 +2.7%
Piper Glen $376,255 -2.7%
Vinegar Hill $68,826 +12.7%
Movers & Shakers Avg. listing price
Week ending Nov 12
w-o-w
Country Club $200,700 -45.1%
Grand Central $32,950 -38.9%
Downtown Springfield $542,450 +38.5%
Harvard Park $75,753 +13.8%
Vinegar Hill $68,826 +12.7%
View Springfield Home Prices Map

Summary for Springfield


The median sales price for homes in Springfield IL for Aug 14 to Nov 14 was $132,750 based on 382 home sales. Compared to the same period one year ago, the median home sales price increased 15.4%, or $17,750, and the number of home sales decreased 21.4%. There are currently 950 resale and new homes in Springfield on Trulia, including 18 open houses, as well as 188 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Springfield IL was $174,304 for the week ending Nov 12, which represents an increase of 3.8%, or $6,341, compared to the prior week. Popular neighborhoods in Springfield include Historic West-Side and Springfield Lake Shore Improvement, with average listing prices of $115,548 and $500,240.


District Type Grades Schools Students
Sangamon Area Special Education District Public 1 - 12 1 50
Sangamon Roe Public 8 - 12 2 94
School Name School Type Grades Parent Rating
Wanless Elementary School Public K - 5
Lutheran High School Private 9 - 12
Wilcox Elementary School Public K - 5
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Homes for Sale in Springfield
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