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Information and statistics on the latest trends in the Springfield real estate market. *
Mar 1, 2026 - May 31, 2026
Rolling three-month data ending on quarter boundaries when available.
Rolling three-month data ending on quarter boundaries when available.
Rolling three-month data ending on quarter boundaries when available.
Rolling three-month supply and activity totals for the selected period.
Rolling three-month supply and activity totals for the selected period.
Rolling three-month supply and activity totals for the selected period.
Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Mar 2026 - May 2026).
Springfield’s rolling three-month numbers show home values and listing prices running modestly above last year. The typical home value is up a bit year over year, and the median list price has risen by about 4 percent. Inventory has inched higher compared with a year ago, while homes sold are only slightly above last year’s pace.
In the latest rolling period through May 2026, pricing and activity have both picked up. The typical home value sits around $190,000, with a median list price near $198,000, and about 365 homes changed hands while 500 new listings came on the market.
Homes are moving very quickly, with a median of just 7 days on the market and more than 75 percent going under contract within two weeks. Supply is tight at about 1.3 months, and roughly one-third of recent sales closed above list price, nudging the average sale-to-list ratio slightly over 100 percent. Together, these trends support a clear seller’s market in Springfield. To navigate fast-moving conditions like these, both buyers looking for the right opportunity and sellers aiming to maximize their sale price can benefit from Agent Pronto’s help connecting with a skilled local agent.
Springfield offers residents a welcoming, well-rounded mix of rich history, vibrant neighborhoods, parks and outdoor spaces, solid schools, and practical services that support everyday life.
Springfield stands apart from nearby communities like Chatham and Riverton with its rare blend of historic character, government presence, and an easygoing, small-city rhythm. Residents take pride in landmarks such as the Illinois State Capitol and the Abraham Lincoln Presidential Library and Museum, which anchor a downtown that is steadily adding restaurants, lofts, and cultural events.
Daily life here centers on close-knit neighborhoods, strong public institutions, and accessible green space. Families frequent Washington Park for its trails, lagoon, and botanical garden, while boaters and anglers head to Lake Springfield for year-round recreation. Local fixtures such as UIS and Lincoln Land Community College support a stable employment base and keep the community looking toward the future.
Compared with larger metros like Decatur and Peoria, Springfield offers a more manageable pace along with a surprisingly rich food scene, including hometown favorites and long-running diners. The City of Springfield maintains active programs in infrastructure, parks, and public safety, which helps neighborhoods stay attractive to both first-time buyers and long-term residents.
Whether you are planning to buy into your first Springfield home or considering selling a property you have owned for years, timing and preparation are crucial in this competitive regional market. Agent Pronto can connect you with a knowledgeable local real estate professional who understands Springfield’s neighborhoods and can guide both buyers and sellers with confidence.
See why so many people rely on Agent Pronto to make their real estate journey a success.
“My family and I were very fortunate to have the support of Brittany during the selling of our condo. She's professional, knowledgeable and personable which minimized the stress of the process for us. I would definitely recommend her services to family and friends! Thank you again Brittany for being apart of this journey with us!!”
“Paula had a very calming, professional presence to her. Paula was on-time, knowledgeable, brought up important points, suggestions and realistic timelines. Home looking is exciting and stressful and a good Agent in my opinion, reels you in a little towards reality. Pumping the brakes. Paula's communication was consistent and accurate and she was there when I needed her. Certainly made the process easier for me and I am happy to have worked with her.”
“We were very pleased. We received an above asking offer after just a few showings. Also the pictures in the listing made me sad I was leaving what was to be our forever home.”
“Kim was excellent, answered all my calls or texts promptly! If it was not part of her job she advised me who to contact ! Absolutely the Best”
“Originally we were referred by our first lender and we could not have been more fortunate to work with Vicky and Sam. They were professional and realistic regarding our home search. We had not purchased a home in a very long time and Vicky was patient and understanding and was so attentive. avidly referred us to our second lender (the first was not communicative) and it was wonderful. Overall the whole experience was great! Thank you for helping us find our dream home!”
“Laura is Amazing!”
“Working with Tracy to buy our home was a great experience and she was always available and communicative even as we navigated some difficult parts of the negotiation with the seller. She was personally at every visit and even at the inspection and closing, going way above and beyond my expectations and previous experiences with buying agents. Thanks to her we found a home for our family and while we don't plan to buy in the near future I'd be happy to work with her again and again. Thanks Tracy!”
“Steven was very helpful, knowledgeable, passionate, and most importantly he met all of my needs! I will definitely use him for all of my future home purchases in the near future. Thanks again Steven, he's definitely a ROCK STAR! I can't wait to work with him in the near future. Betty Ng”
“Meldina is an expert in the local market and an exceptional negotiator. Her professionalism, communication, and dedication exceeded our expectations. We highly recommend her!”
“Lisa Buskirk-Inman was absolutely wonderful to work with. She came to our home to make signing the paperwork easy since my husband is having health issues and is not easily able to get around right now. She gave us peace of mind knowing everything was taken care of and explained everything we were signing.”
“Barb was 1/20 realtors who was willing to work with me in the beginning over 9 years ago. This is when I first purchased my home. I was cheap buyer. It went without saying I was going to be using her for the sale of the home 9 years later. She handled the hurdles flawlessly and talked me through and coached me the entire way. To say I appreciate her is an understatement. I sold my home after we relocated it of state and she coordinated every logistic of that sale on my behalf to he best of her ability. I recommend her without fail and would point every person in her direction that has a need for a solid realtor.”
“Kathy fought a lot of uphill battles for us and despite hurdles at every turn (with prospective buyer) she pushed on and was able to secure our sale. I can't thank her enough for the amount of work she put in.”
“It was a joy to work with Kathryn she was able to answer every question I had, her knowledge goes a long way and I will definitely recommend her to friends and family.”
“It was a pleasure to work with Robert, he paid a lot of attention to our expectations and preferences, and he is strong in negotiating.”
“Working with Emir is always a pleasure. He was very helpful in coordinating work on our house for sale, working with vendors and providing valuable feedback on neccesary work vs. potential work items unlikely to generate return. We closed sale of house 3 weeks from time of first listing. I'd worked with Emir before and hope to do so again in the future.”
“Working with Ray was an absolute blessing throughout my home buying journey. He went above and beyond every step of the way, always remaining patient, professional, and supportive through all of the ups and downs that came along the process. No matter the challenge, Ray stayed committed and made sure I felt informed and encouraged the entire time. His dedication, communication, and genuine care truly made a difference, and I would highly recommend him to anyone looking for a reliable and hardworking realtor.”
“Heather was very helpful from beginning to end even with the struggles and challenges we gave her.”
“Melissa Young was incredibly attentive and knowledgeable which was critical for me as a first-time home buyer. She helped me win my very first bid with a strong offer and guided me through challenges with the appraisal process. She sets the bar high and I am so happy with my beautiful first home in Chicago!”
“To be honest Ralph was the best part of my team. He's a good person and if it wasn't for him I wouldn't know half of what I know about buying a house Thanks Ralph”
“Great experience! Very attentive, honest, and dedicated. Professional, efficient, and easy to work with. Highly recommended!”
There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Springfield. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.
Choosing a real estate agent to help you buy or sell property is one of the most important decisions you’ll make in your lifetime. You want to make sure your agent is an expert in your area, has a proven record helping people buy and sell similar homes to yours, and is well regarded by their previous clients. Let us know a few details about the property you are selling or the kind of home you want to buy, and Agent Pronto will match you with trusted real estate agents that have the experience you need. And before you interview an agent, check out our top five questions to ask a buyer’s agent and listing agent.
We consider performance metrics, close rates, specialties, and client reviews to qualify the best full-time agents. We then take the information you provide about the home you are selling or the kind of home you want to buy, and analyze the top local agents with the right experience for your specific needs. For more than a decade, we've helped hundreds of thousands of home buyers and sellers find the right agent. Get started now and find the perfect real estate agent.
No. Agent Pronto is a free service for home buyers and sellers and you are under no obligation to work with our recommended agents. Find your Springfield Realtor® or real estate agent today.
