1516 E Edwards St, Springfield, IL 62703
OFF MARKET

1516 E Edwards St
Springfield, IL 62703

Mather and Wells
  • Studio

$75,200

Trulia Estimate
as of Aug 13, 2026

$75,200

Trulia Estimate
as of Aug 13, 2026
Studio

Home Value

Trulia Estimate
$75.2K
Since last month
Increased$3K (+4.7%)
Since last year
Increased$9K (+14.1%)
Since last sale
Increased$40K (+114.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +300% in the last 10 years
MonthEstimated value
2026
August 2026$75K
June 2026$72K
May 2026$80K
April 2026$67K
March 2026$58K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1513 E Edwards St, Springfield, IL
0.04
Single-Family Home
$110,000
11/12/25
4
2
1,736
1529 E Edwards St, Springfield, IL
0.05
Single-Family Home
$120,000
04/30/26
3
1.5
1,456
923 S 14th St, Springfield, IL
0.29
Single-Family Home
$65,800
03/27/26
-
-
1117 S 12th St, Springfield, IL
0.49
Single-Family Home
$35,000
03/19/26
3
2
1,299
1703 E Capitol Ave, Springfield, IL
0.23
Single-Family Home
$9,000
10/07/25
4
1
3,714
1716 E Kansas St, Springfield, IL
0.40
Single-Family Home
$17,000
07/01/26
-
-
1406 S 19th St, Springfield, IL
0.66
Single-Family Home
$40,000
11/24/25
-
-
2013 E Adams St, Springfield, IL
0.54
Single-Family Home
$60,000
08/21/25
2
1
1,113
1100 S 13th St, Springfield, IL
0.40
Single-Family Home
$100,000
08/25/25
-
-
2112 E Monroe St, Springfield, IL
0.58
Single-Family Home
$52,000
03/16/26
2
1
900

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1513 E Edwards St, Springfield, IL 62703
0.04
$110,000
4
2
1,736
Recently Sold
1529 E Edwards St, Springfield, IL 62703
0.05
$120,000
3
1.5
1,456
Recently Sold
1524 E Jackson St, Springfield, IL 62703
0.08
$137,700
3
1.5
1,822
Off Market
1405 E Jackson St, Springfield, IL 62703
0.15
$68,900
3
1
1,008
Off Market
1320 E Edwards St, Springfield, IL 62703
0.15
$111,100
3
1
1,120
Off Market
1530 E Capitol Ave, Springfield, IL 62703
0.16
$152,200
4
2
2,400
Off Market
S, Springfield, IL 62703
0.16
$166,400
3
2
3,354
Off Market
1706 E Edwards St, Springfield, IL 62703
0.14
$60,438
2
1
1,062
For Sale
1212 E Jackson St, Springfield, IL 62703
0.25
$99,000
3
2
1,346
For Sale
1703 E Capitol Ave, Springfield, IL 62703
0.23
-
4
1
3,714
Off Market
516 S Martin Luther King Jr Dr, Springfield, IL 62703
0.20
$54,793
2
1
1,071
For Sale
1803 E Edwards St, Springfield, IL 62703
0.21
$10,000
-
-
-
For Sale

Local Information

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Home Highlights

Property Type
Single-Family Home

About this House

This single-family home is located at 1516 E Edwards St, Springfield, IL. 1516 E Edwards St is in the Mather and Wells neighborhood in Springfield, IL and in ZIP code 62703.
1516 E Edwards St, Springfield, IL 62703 is a studio single-family home in Mather and Wells. It last sold for $35,000 on Jan 31, 2023. It is currently off market. The Trulia Estimate is $75,200, with a rent estimate of $1,257/month.

Home Details for 1516 E Edwards St

Property Information

Property Type / Style
Property Type: Single Family Home

Price and Tax history

DateEventPrice
Jan 31, 2023
Source: N/A
Sold
$35,000
Nov 5, 2018
Source: N/A
Sold
$20,000

Market trends in Springfield

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$192K
$20.83KMoM
Sale-to-List Price
100.0%
0.3%MoM
Price per sq ft
$116
$4MoM
Available listings
342
34MoM
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Around this home

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Neighborhood Overview

Mather and Wells
See Local Highlights
Neighborhood stats provided by third party data sources.

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Homes for sale near 1516 E Edwards St

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Off Market Homes Near 1516 E Edwards St

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Frequently asked questions about 1516 E Edwards St

  • What is 1516 E Edwards St estimated to be worth?
    Trulia's estimated value for 1516 E Edwards St in Springfield, IL is $75,200.
  • What is the price history for 1516 E Edwards St?
    1516 E Edwards St in Springfield, IL last sold for $35,000 in January 2023.
  • Is Springfield a buyer's or seller's market?
    Springfield is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Springfield?
    The median sale price in Springfield is $192K. That is up $20.83K from the prior month.