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Springfield real estate Market Report.

Information and statistics on the latest trends in the Springfield real estate market. *

Latest Rolling 3-Month Snapshot

Apr 1, 2026 - Jun 30, 2026

Median sale price
$465K
+85% from Q1 '26
Median list price
$309K
+37% from Q1 '26
Active listings
5
No change from Q1 '26
Homes sold
3
-40% from Q1 '26
New pendings
3
-40% from Q1 '26
New listings
4
+100% from Q1 '26

Quarterly Pricing Trends for Springfield

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Springfield Q3 '21 Q3 '22 Q3 '23 Q3 '24 Q3 '25 Q2 '26 Median sale price in Jul 2021 - Sep 2021: $139K Median sale price in Oct 2021 - Dec 2021: $222K Median sale price in Jan 2022 - Mar 2022: $250K Median sale price in Apr 2022 - Jun 2022: $390K Median sale price in Jul 2022 - Sep 2022: $300K Median sale price in Oct 2022 - Dec 2022: $235K Median sale price in Jan 2023 - Mar 2023: $170K Median sale price in Jan 2024 - Mar 2024: $538K Median sale price in Apr 2024 - Jun 2024: $285K Median sale price in Jul 2024 - Sep 2024: $230K Median sale price in Oct 2024 - Dec 2024: $590K Median sale price in Jan 2025 - Mar 2025: $171K Median sale price in Apr 2025 - Jun 2025: $300K Median sale price in Jul 2025 - Sep 2025: $165K Median sale price in Oct 2025 - Dec 2025: $305K Median sale price in Jan 2026 - Mar 2026: $251K Median sale price in Apr 2026 - Jun 2026: $465K Median list price in Jul 2021 - Sep 2021: $265K Median list price in Oct 2021 - Dec 2021: $248K Median list price in Jan 2022 - Mar 2022: $532K Median list price in Apr 2022 - Jun 2022: $260K Median list price in Jul 2022 - Sep 2022: $297K Median list price in Oct 2022 - Dec 2022: $160K Median list price in Apr 2023 - Jun 2023: $534K Median list price in Jul 2023 - Sep 2023: $799K Median list price in Apr 2024 - Jun 2024: $320K Median list price in Jul 2024 - Sep 2024: $355K Median list price in Oct 2024 - Dec 2024: $165K Median list price in Jan 2025 - Mar 2025: $599K Median list price in Apr 2025 - Jun 2025: $337K Median list price in Jul 2025 - Sep 2025: $295K Median list price in Oct 2025 - Dec 2025: $414K Median list price in Jan 2026 - Mar 2026: $226K Median list price in Apr 2026 - Jun 2026: $309K Jul 2021 - Sep 2021 Median sale price $139K Median list price $265K Oct 2021 - Dec 2021 Median sale price $222K Median list price $248K Jan 2022 - Mar 2022 Median sale price $250K Median list price $532K Apr 2022 - Jun 2022 Median sale price $390K Median list price $260K Jul 2022 - Sep 2022 Median sale price $300K Median list price $297K Oct 2022 - Dec 2022 Median sale price $235K Median list price $160K Jan 2023 - Mar 2023 Median sale price $170K Median list price Unknown Apr 2023 - Jun 2023 Median sale price Unknown Median list price $534K Jul 2023 - Sep 2023 Median sale price Unknown Median list price $799K Oct 2023 - Dec 2023 Median sale price Unknown Median list price Unknown Jan 2024 - Mar 2024 Median sale price $538K Median list price Unknown Apr 2024 - Jun 2024 Median sale price $285K Median list price $320K Jul 2024 - Sep 2024 Median sale price $230K Median list price $355K Oct 2024 - Dec 2024 Median sale price $590K Median list price $165K Jan 2025 - Mar 2025 Median sale price $171K Median list price $599K Apr 2025 - Jun 2025 Median sale price $300K Median list price $337K Jul 2025 - Sep 2025 Median sale price $165K Median list price $295K Oct 2025 - Dec 2025 Median sale price $305K Median list price $414K Jan 2026 - Mar 2026 Median sale price $251K Median list price $226K Apr 2026 - Jun 2026 Median sale price $465K Median list price $309K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
17
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Apr 2026 - Jun 2026).

Springfield’s rolling three-month snapshot points to a tight but shifting market. Active listings are down nearly half from a year ago, with just 5 homes on the market and only 3 sales in the period. New listings have fallen more than 40 percent year over year, limiting options for buyers and keeping conditions tilted toward sellers.

Pricing has moved up sharply even as listing prices have softened. The typical home value over the latest three-month window is up about 55 percent from a year ago, while the median list price is down slightly compared with last year. This mix suggests buyers are sometimes finding properties listed more conservatively, but successful sales are still closing at higher price points.

Market pace has changed dramatically, with median days on market jumping to 138 from very short listing times a year ago, giving many buyers more time to decide. Months of supply sits at about 2.1, still signaling a seller’s market despite the slowdown in sales and a roughly 40 percent annual drop in both homes sold and pending contracts. Roughly one-third of recent sales closed above asking and the average sale-to-list ratio is near 98 percent, showing that well-priced homes can still draw strong offers. Buyers and sellers who want to navigate these mixed signals in Springfield can use Agent Pronto to connect with a local agent who understands the current dynamics.



Learn more about what Springfield has to offer.

Springfield offers residents a welcoming, close-knit community with easy access to outdoor recreation, local arts and culture, strong schools, and practical amenities that support a high quality of life.

Springfield immediately feels different from larger nearby communities like Utica or Cooperstown. It offers a quieter, close‑knit atmosphere where residents know their neighbors, yet you still have easy access to the region’s cultural and recreational staples. With views of Otsego Lake and rolling farmland, the area balances rural character with practical everyday living.

Life in Springfield revolves around community connections. Local events and seasonal festivals draw people from across Otsego County, while everyday routines center on school activities, town gatherings, and nearby destinations like Glimmerglass State Park. Families appreciate access to area schools, including options within the Cooperstown Central School District, and the convenience of shopping and services in Richfield Springs and Sharon Springs.

Outdoor enthusiasts enjoy local trails and lake access, while history fans often visit Hyde Hall, one of the region’s most distinctive historic estates. Everyday errands remain manageable, yet you are close enough to larger hubs like Oneonta for broader dining, arts, and employment options.

Because Springfield’s housing stock is diverse and often limited in number, timing and preparation matter. Whether you are planning to list a longtime family property or hoping to secure a year‑round home near the lake, the right local agent can help you move quickly and confidently. Agent Pronto connects both buyers and sellers with professionals who understand Springfield’s pace, pricing, and long‑term potential.

Find your Springfield real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“From the start of our home search and our home sale Nicole was very responsive, knowledgeable, trustworthy, respectful and communicative. Nicole did a lot of behind-the-scenes work on both our sale and our purchase to make sure we were satisfied and got the best deal possible on both ends. She was able to give us professional recommendations and suggestions throughout the process that helped us make decisions when it came to certain things. I would highly recommend her to other people who are looking to sell or purchase a home.”

Danny Gonzalez · Garnerville, NY

Photo of Nicole Isaacs
Century 21 Full Service Realty
“Bought with Ricky, sold with Ricky, and will continue to recommend Ricky because he just makes things easy. He's timely, responsive and knowledgeable, what more could you ask for???!! 10/10!!!”

Allix Swanson · Le Ray, NY

Photo of Rick Gates
eXp Realty
“Nael was incredible throughout the entire process in helping us sell our co-op studio. Would recommend and plan to use his services in the future.”

Mohammed Kallash · White Plains, NY

Photo of Nael Dassan
CENTURY 21 Elite Realty
“Después de una larga jornada para lograr comprar nuestra casa, por fin hemos llegado a la meta. 🏡 Queremos agradecer a María de Osorio por su apoyo durante todo este proceso. Siempre estuvo disponible para responder nuestras dudas y preguntas, brindándonos orientación y tranquilidad en cada paso. Definitivamente la recomendaremos a nuestros amigos y familiares. ¡Gracias por ayudarnos a hacer realidad este sueño!”

Erick · Valley Cottage, NY

Photo of Maria Morales de Osorio
Century 21 Elite Realty
“It was a pleasure to work with Crystal. She was knowledgeable and very responsive to requests. She shared updates as they occurred and came to our home for most of the paperwork signings. From listing to closing it was about 5 weeks to sell our property with 8 offers the first week! Thank you to Crystal the whole process went smoothly. We are very happy. We would list with her again in the future. Thank you. L”

Alana Peckham · Le Raysville, PA

Photo of Crystal Babcock
Century 21 Jackson Real Estate
“Claudia was nothing short of amazing to work with during the process of looking for our first home. The whole process was made so much easier knowing we had someone like Claudia looking out for our best interests. She was always available to answer questions, offer guidance, and let us know when something that fit out criteria was available to visit. I would recommend Claudia without hesitation to anybody looking for a real estate agent.”

Vincent Mannarino · Bronxville, NY

Photo of Claudia Miller
Century 21 Elite Realty
“I had an incredible experience working with Samuel Okine for my first NYC apartment. From start to finish, he was attentive, knowledgeable, and genuinely invested in helping me find the perfect place. Sam's guidance made the entire process stress-free, and I couldn't be happier with my new home. I highly recommend Sam to anyone looking for a trustworthy and professional agent in New York City!”

Carolyn · New York, NY

Photo of Samuel Okine
The Agency Real Estate
“A true professional. Alana is great at what she does .”

Brett Paradiso · Glen Cove, NY

Photo of Alana Lucidi
Signature Premier Properties
“Brandy was fantastic every step of the way and stayed consistent throughout this entire process. Highly recommended for anyone in need of a realtor.”

Harris Goldberg · West Haverstraw, NY

Photo of Brandy Seltzer
Century 21 Elite Realty
“I am glad that I contacted Agent Pronto, so I got to connect with Martha Gaffney. It has been a great pleasure working with her and she worked really hard to get me a house which is well worth it. Thanks Martha and thanks Agent Pronto for the opportunity. ”

Shreen B. · Bronx, NY

Photo of Martha & Niall Gaffney
Old Towne Living NY Inc.
“I have never seen a realtor agent go above and beyond like Sandy. I willl never work with another agent other than Sandy in the future”

Bruno Resto · Stafford, VA

Photo of Sandy Chang
Century 21 Scala Group
“Vesna is a top notch Broker and will always stick to her in the future and will also recommend her to anyone who needs real estate broker”

Marcin Wiercioch · Pearl River, NY

Photo of Vesna Kanacki
Century 21 Elite Realty
“My realtor was incredible and very helpful throughout the process of selling my home.”

Edward I. · Levittown, NY

Photo of Ken Olson
HomeSmart Premier Living Realty
“We were referred to the Carrillo Agency and worked with Brandi Everett. She was great helping us through the entire buying process. She made sure we were covered by a colleague when she couldn't be there and guided us through the search, bidding and closing process. We can't thank Brandi enough for her help.”

Dennis T. · Glen Cove, NY

Photo of Team Carillo
Coldwell Banker
“Virginia worked well with me to sell my home. Communication was easy and she was always on time”

Jill W. · Poughkeepsie, NY

Photo of Virginia Hayes
Century 21 Alliance Realty Group
“Sold my house when others couldn't. Sold it fast for asking price. Doesn't get any better than that!”

Arnold Dennison · Chester, NY

Photo of Harmoni VanEtten
eXp Realty
“I enjoyed the extra mile as well as ear. Positive when needed, clarity when asked. Imelda's professionalism and experience provided great value and insight, when a smooth situation became more challenging. Imelda has experience that was significan to me, I don't think I would've done this without you. Thank you.”

Sharon J · Middletown, NY

Photo of Imelda Otto Isles
EXP realty
“Happy to find an agent who was familiar with multi-family across the nation for my purchase.”

Marcus S. · Rochester, NY

Photo of Team Hilbert
Keller Williams Realty Greater Rochester
“Kevin was very professional and knowledged. He assisted me so much throughout this stressful buying process and worked in any way possible to decrease the load on my shoulders. I would recommend Kevin to my family and friends.”

Jennifer · Flushing, NY

Photo of Kevin Hsiu
eXp Realty
“On a whim, I used Agent Pronto, as I was in the market to sell my current apartment. I was connected with Joana Chu, a highly recommended realtor and it turned out to be one of the best decisions I have made.”

Sara K. · Forest Hills, NY

Photo of Joana Chu
Home Court Real Estate LLC

Frequently Asked Questions

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.