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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

Jul 1, 2026 - Sep 30, 2026

Median sale price
$321K
-31% from Q2 '26
Median list price
$271K
-11% from Q2 '26
Active listings
9
+80% from Q2 '26
Homes sold
2
-33% from Q2 '26
New pendings
4
+33% from Q2 '26
New listings
6
+50% from Q2 '26

Quarterly Pricing Trends for Springfield

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

Quarterly Pricing Trends for Springfield Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 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 sale price in Jul 2026 - Sep 2026: $321K 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: $306K Median list price in Jul 2026 - Sep 2026: $271K 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 $306K Jul 2026 - Sep 2026 Median sale price $321K Median list price $271K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
23
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 (Jul 2026 - Sep 2026).

Springfield’s rolling three-month data shows more homes coming onto the market and a modest level of sales activity. Active listings are up nearly 30 percent from a year ago, while new listings have surged more than 200 percent. At the same time, homes sold over this period are down by about a third year over year, pointing to slower closed-deal volume.

Pricing has moved in different directions depending on which measure you look at. The typical home value over the latest three-month window is up sharply, nearly doubling compared with a year earlier, even though the median list price has slipped a bit year over year. This mix suggests that while asking prices have softened, the properties that do sell are often trading at higher price points than last year.

Conditions on the ground highlight a slower pace for sellers and more options for buyers. Months of supply has expanded dramatically to more than 11 months, and virtually no homes are closing above their list price, with the average sale-to-list ratio just under 100 percent. Despite that higher supply, homes that do move are going under contract quickly, with a median of about a week on the market in the latest period. With Springfield still labeled a seller’s market but showing clear signs of shifting leverage, both buyers and sellers can benefit from Agent Pronto’s help in finding an agent who understands these evolving 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.

“Kayla was absolutely amazing. She was very knowledgeable and what she didnt know off hand she had the information for me right away. She was very good at keeping me calm through any bumps in the road as being a first time home buyer I was very lost at times about certain things but she was always positive and kept me going right to the end. You will not find a better agent than kayla and if you try weeelll she will always except you when you decide to switch to her instead. Easier to just hire her. She really is the best!”

m noah2295 ·

Photo of Kayla Jacobs
Miner Realty & Property Management LLC
“In my lifetime I have moved 9 times, and 5 of those involved selling a house. Working with Andrew was the best experience I’ve had with a real estate agent. He was conscientious, professional, sincere, and he actually listened to my and my wife’s ideas without dismissing them. Andrew truly made possible our getting the best offer for our house, and he kept in contact with us up to and after the closing. We moved 7 states away from our last house, and having Andrew take care of things for us helped ease our minds. My wife and I absolutely recommend Andrew and his team for your real estate needs.”

Clifford Crandall ·

Photo of Andrew Derminio
Pine to Palm Realty Group, LLC
“This was my second time working with Nathan and each time has been a delight! He is on time for appointments, responds promptly to requests for showings, and proactively marketed our home to achieve a high level of interest on home buying platforms. We had over a dozen showings scheduled in the first day of listing and received multiple competitive offers and an accepted offer within 48 hours of listing. In addition, Nathan is kind and professional and is exactly the pro you want working for you in this process! I highly recommend Nathan as a trusted real estate advisor for your upcoming purchase or sale.”

amyhollan0601 ·

Photo of Nathan Fox
Berkshire Hathaway HomeServices Zambito Realtors
“Mary is amazing! She stepped right in when I contacted her that I wanted to sell and find my forever home! She did everything! We sold in less than 24 hours! She is now working with me to find the perfect forever! She's just fantastic and I highly recommend her for all your buying and selling needs!”

nluv4u ·

Photo of Mary Ruffo
Exit Realty Homeward Bound
“My husband and I can't say enough about Mary Canova's knowledge, expertise and communication. We felt secure in Mary's attention to detail to get our home sold and she did not disappoint! Mary is impressive with how much she knows not only the selling and staging but the buying side as well! We definitely recommend Mary to get the deal done!”

zuser20150315062218468 ·

Photo of Mary Canova
Gabler Realty
“Rachel has been very helpful, even when we had an issue after closing. It was such a challenge to buy a house, not living in the area, but we put our trust in her to help us. She has a lot of knowledge of the school districts, pros and cons of locations, and a good understanding of the math involved with offers.”

Jonathan Davis ·

Photo of Scott Varley Team
Keller Williams
“Ashley handled everything like a professional! Kept me in the loop through the entire party and legitimately made the process as smooth as possible! . If I ever sell or buy a home again she will 100% be who I contact.”

tboz140 ·

Photo of Ashley Carter
Keller Williams Syracuse
“We have been working with Monika since last fall. She’s helped us with a rental and now our dream home! She is patient, responsive, knowledgeable, attentive and caring. She has become a very good friend through the process, and we are so grateful to have worked with her. ??”

ncsmnmjea ·

Photo of Monika Cronin
Compass Greater NY LLC
“When I first began my home selling journey, I was SURE I was going to do it all myself. I thought no one would be able to deliver the level of care and consideration that I was searching for. When we decided to meet with Marianne, my whole plan was rerouted. Marianne put me at ease from the moment we met. From her professionalism to the immense knowledge she shared absolutely blew me away. She is passionate about her trade but even more passionate about helping people. From start to finish she consistently went above and beyond and exceeded our expectations. Her marketing strategies and social media presence is pertinent in this day and age and is an important contributing factor in her success with clients. She will be able to navigate you through challenges that only a skilled real estate professional can. We truly couldn’t be more happy with the level of service she provided. We will forever recommend Marianne to anyone looking to buy/sell/invest.”

spiritmindbody ·

Photo of Kawelo Home Team
Kawelo Home Team at HUNT Real Estate ERA
“It was an absolute pleasure working with Kevin he was very professional and at the same time very personal and Hands-On he acted as if he had known you forever he was very real! Wonderful personality and a wonderful job I would highly recommend him to anyone!”

Zana Margretta ·

Photo of Kevin Lucero
Charlotteville Realty
“Scott and Carey were excellent realtors. Kept us informed. Great personalities!”

Philip C. · Binghamton, NY

Photo of Scott Smith
Exit Realty Homeward Bound

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.