514 E Oak St, Springfield, IL 62703
OFF MARKET

$123,800

Trulia Estimate
  • Studio

514 E Oak St, Springfield, IL 62703

Near South
Est. Refi. Payment $918/mo*
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Home Value

Trulia Estimate
$124K
Since last month
Increased$11K (+9.7%)
Since last year
Decreased$58K (-32.5%)
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 +2% in the last 10 years
MonthEstimated value
2026
August 2026$121K
July 2026$110K
June 2026$140K
May 2026$144K
April 2026$138K
March 2026$171K
February 2026$108K
2025
2024

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
2017 S 6th St, Springfield, IL
0.04
Single-Family Home
$115,000
07/30/26
4
1.5
1,288
1915 S 6th St, Springfield, IL
0.05
Single-Family Home
$55,000
10/10/25
4
2
2,142
1823 S 5th St, Springfield, IL
0.05
Single-Family Home
$152,000
08/14/26
3
2
1,166
1907 S 5th St, Springfield, IL
0.06
Single-Family Home
$92,700
07/06/26
2
1
951
1936 S 5th St, Springfield, IL
0.08
Single-Family Home
$85,000
05/12/26
-
-
1824 S 4th St, Springfield, IL
0.09
Single-Family Home
$85,000
05/12/26
-
-
1800 S 4th St, Springfield, IL
0.11
Single-Family Home
$95,000
08/11/26
3
1
1,282
615 E Myrtle St, Springfield, IL
0.12
Single-Family Home
$110,000
09/26/25
4
2
1,674
1811 S 4th St, Springfield, IL
0.13
Single-Family Home
$105,000
07/06/26
2
1
900
1711 S 5th St, Springfield, IL
0.13
Single-Family Home
$167,500
05/15/26
5
1.5
2,175

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
1915 S 6th St, Springfield, IL 62703
0.05
$57,600
4
2
2,142
Off Market
516 E Myrtle St, Springfield, IL 62703
0.07
$75,100
2
1
1,026
Off Market
2017 S 6th St, Springfield, IL 62703
0.04
$115,000
4
1.5
1,288
Recently Sold
1823 S 5th St, Springfield, IL 62703
0.05
$152,000
3
2
1,166
Recently Sold
1819 S 5th St, Springfield, IL 62703
0.05
$147,300
3
1.5
1,554
Off Market
2021 S 6th St, Springfield, IL 62703
0.05
-
4
1
2,320
Off Market
1907 S 5th St, Springfield, IL 62703
0.06
$92,700
2
1
951
Recently Sold
1921 S 7th St, Springfield, IL 62703
0.11
$125,900
4
1.5
1,777
Off Market
615 E Myrtle St, Springfield, IL 62703
0.12
$115,400
4
2
1,674
Off Market
1800 S 4th St, Springfield, IL 62703
0.11
$95,000
3
1
1,282
Recently Sold
1711 S 5th St, Springfield, IL 62703
0.13
$167,500
5
1.5
2,175
Recently Sold
1931 S 5th St, Springfield, IL 62703
0.10
$174,400
5
3
3,120
Off Market

Local Information

  • Map ViewExplore the area around 514 E Oak St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

514 E Oak St is in the Near South neighborhood in Springfield, IL and in ZIP code 62703.
514 E Oak St, Springfield, IL 62703 is a studio property in Near South. More recently, it was listed as a rental in July 2024 with an asking price of $1,000 per month. That rental listing was removed on August 2, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $123,800, with a rent estimate of $969/month.

Price and Tax history

DateEventPrice
Aug 2, 2024
Source: RMLS Alliance as distributed by MLS GRID #CA1030616
ListingRemoved
Jul 22, 2024
Source: RMLS Alliance as distributed by MLS GRID #CA1030616
Listed For Rent
$1,000

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

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Near South
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Near South

At least 13 Trulia users voted on each feature.

  • 95 % Say it's dog friendly

  • 93 % Say parking is easy

  • 88 % Say there are sidewalks

  • 84 % Say yards are well-kept

  • 80 % Say car is needed

  • 71 % Say there's holiday spirit

  • 69 % Say it's walkable to restaurants

  • 64 % Say streets are well-lit

  • 64 % Say it's walkable to grocery stores

  • 59 % Say people would walk alone at night

  • 59 % Say neighbors are friendly

  • 59 % Say kids play outside

  • 53 % Say they plan to stay for at least 5 years

  • 43 % Say it's quiet

  • 37 % Say there are community events

  • 28 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Brooklyn_yates
    "walking there dogs are safe in the neighborhood also makes the neighborhood hood fill safe n no bugular "
    1
    Flag

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Frequently asked questions about 514 E Oak St

  • What is 514 E Oak St estimated to be worth?
    Trulia's estimated value for 514 E Oak St in Springfield, IL is $123,800.
  • 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.
  • What do residents say about the Near South neighborhood?
    Residents describe the Near South neighborhood in Springfield, IL as dog-friendly, easy to park in, and pedestrian-friendly. See recently sold homes in Near South, Springfield.

Explore by feature - Pet Friendly

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Explore by feature - Garage

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Explore by feature - Outdoor Space

22 rentals with an outdoor space in Springfield, IL

Apartments for Rent

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Off Market Homes Near 514 E Oak St

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