Data as of February 2026. Source: Realtor.com.
The Springfield, IL real estate market currently shows 253 active listings, with 131 pending sales. Homes are averaging 50.7 days on the market before going under contract.
Inventory has tightened compared to last year, with 36 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 50.7 days on market compared to 65.2 days last year.
The median listing price has risen 9.4% year-over-year, from $173,365 to $189,679.
Whether you are buying or selling in Springfield, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 138,680 · Density: 773.2/mi² · Median household income: $67,466
Typical home value: $151,624 · Homeownership: 65.4%
Springfield: 62701, 62702, 62703, 62704, 62705, 62706, 62707, 62708, 62711, 62712, 62715, 62716