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Springfield Housing Market Report

August 2026 • Updated daily from MLS data

$126,027
Average Price
22
Active Listings
24
Avg Days on Market
$73
Avg Price/Sqft
0
New This Week

Inventory by Property Type

Active listings in Springfield broken down by property type

21
Single Family
View listings
0
Condo
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0
Townhouse
View listings
0
Multifamily
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Price Distribution

How Springfield home prices are distributed across price ranges

Under $100K
16
16
$100K–$200K
1
1
$200K–$300K
2
2
$300K–$500K
3
3
$500K–$750K
0
$750K–$1M
0
$1M+
0

Listings by Bedrooms

Bedroom count breakdown for active listings in Springfield

0
1 Bed
16
2 Bed
5
3 Bed
1
4 Bed
0
5+ Bed

Demographics & Community

Census data for Springfield, Illinois

114,214
Population
$62,419
Median Household Income
40.1
Median Age
$147,700
Census Median Home Value

Housing Occupancy

Total Housing Units56,849
Owner-Occupied31,627 (62.4%)
Renter-Occupied19,059 (37.6%)
Vacant Units6,163
Median Rent$913/mo

Commute & Education

Median Commute46349 min
Work From Home4.6%
Public Transit0.8%
Bachelor's Degree+24.2%
High School Diploma+0.0%

Affordability & Housing Costs

HUD data for the Springfield area

Fair Market Rent (2024)

Studio$725/mo
1 Bedroom$873/mo
2 Bedroom$1,070/mo
3 Bedroom$1,421/mo
4 Bedroom$1,459/mo

Income Limits (2024)

Median Family Income$105,600
Low Income (4-person)$84,500
Very Low Income (4-person)$52,800
Extremely Low (4-person)$31,700

Safety & Crime Statistics

Crime data for Springfield (2024)

0
Violent Crimes
17
Property Crimes
11
Burglaries
1
Vehicle Thefts

School Districts

School districts serving Springfield properties

186
15
1

Featured Listings in Springfield

Top properties currently on the market

4 Sebring
$425,000
4
4
3,835 sqft
4 Sebring
Springfield, IL
1644 Homewood
$265,000
3
4
6,260 sqft
1644 Homewood
Springfield, IL
1706 Edwards
$60,438
2
1
1,062 sqft
1706 Edwards
Springfield, IL
26 Skyview
$224,900
3
3
1,920 sqft
26 Skyview
Springfield, IL
1702 Cummins
$55,753
2
1
696 sqft
1702 Cummins
Springfield, IL
1517 14th
$62,064
2
1
1,162 sqft
1517 14th
Springfield, IL
View All Springfield Properties

Save $1,381 on the Average Springfield Home

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