Springfield Market Report
$722,421
AVERAGE PRICE OF 151 HOMES$739,900
AVERAGE PRICE OF 1 DISTRESSED HOMES$1,368,616
AVERAGE PRICE OF 12 MULTI-MILLION DOLLAR HOMES$1,469,950
AVERAGE PRICE OF 2 HOMES WITH A POOL$630,000
AVERAGE PRICE OF 1 REDUCED PRICE HOMESAverage Home
| Average Price | $722,421 |
| Avg Bedrooms | 3.4 beds |
| Avg Bathrooms | 2.99 baths |
Average Price by Bedrooms
| 1 bedroom | $258,000 |
| 2 bedrooms | $454,880 |
| 3 bedrooms | $613,676 |
| 4 bedrooms | $798,035 |
| 5 bedrooms | $929,335 |
Springfield Home Price Trends
| 8/2024 | 7/2024 | 6/2024 | 5/2024 | 4/2024 | |
|---|---|---|---|---|---|
| Total Listings | 118 | 170 | n/a | 191 | 134 |
| Average Price | $725,931 | $721,558 | n/a | $739,904 | $701,656 |
| Avg Price Change | +0.61% | n/a | n/a | +5.45% | -2.11% |
| Median Price | $683,737 | $700,000 | n/a | $699,450 | $650,000 |
| Med Price Change | -2.38% | n/a | n/a | +7.61% | -3.38% |
| Avg Bedrooms | 3.26 beds | 3.41 beds | n/a | 3.45 beds | 3.23 beds |
| Avg Bathrooms | 2.88 baths | 3.01 baths | n/a | 2.95 baths | 2.76 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| West Springfield | 46 | $765,747 | 17 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 151 | $722,421 | 42 days |
| Distressed Homes | 1 | $739,900 | 34 days |
| Multi-Million Dollar Homes | 12 | $1,368,616 | 129 days |
| Homes with a Pool | 2 | $1,469,950 | 62 days |
| Reduced Price Homes | 1 | $630,000 | 128 days |
