Springfield home values have climbed sharply over the past year, rising about 24.12 percent. Typical homes here are now valued around $397,500, well above Jacksonville’s $300,000 average. At the same time, inventory is down nearly 42.86 percent from last year, even though it has ticked up more recently.
In March 2026, the median list price reached about $379,000, up roughly 9.07 percent from the prior month, while typical values jumped 7.99 percent month over month. Homes are taking longer to sell, with median days on market up 74.85 percent year over year to about 142.5 days, and only about 7.14 percent of sales closing above list price as sellers receive around 96.8 percent of asking on average.
Recent shifts show more homes coming onto the market, with 31 new listings and a 14.29 percent monthly increase in total inventory to 32 properties, even as new listings run nearly 27.91 percent below last year and pending sales lag by 16.67 percent. Looking to April 2026, typical values are projected to edge up to about $412,200 with median list prices around $394,752 and inventory near 34 homes, all within a seller’s market indicated by a market gauge of 16. Whether you are a buyer navigating higher prices and longer timelines or a seller weighing your options in this seller-leaning environment, Agent Pronto can connect you with a local Springfield agent to guide your next move.
