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Ridgewood Snyder Terrace Southgate

SPRINGFIELD, OH 45502

Real Estate Market Report  ·  Clark County
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 45502

Ridgewood · Snyder Terrace · Southgate

Market Analysis

Data as of February 2026. Source: Realtor.com.

The SPRINGFIELD, OH real estate market (45502) currently shows 31 active listings, with 17 pending sales. Homes are averaging 64 days on the market before going under contract.

Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 64 days on market compared to 48 days last year.

The median listing price has fallen 4% year-over-year, from $296,900 to $285,000.

Whether you are buying or selling in SPRINGFIELD, OH, 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.

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Market Context

Market Context

Population: 17,715  ·  Density: 59.3/mi²  ·  Median household income: $85,023

Typical home value: $211,266  ·  Homeownership: 87.6%

Market Overview

Active Listings
31
⇩ 26.2% vs 42 last year
Pending
17
55% pending ratio
Median Price
$285,000
⇩ 4% vs $296,900 last year
Average Price
$354,937
⇧ 9.8% vs $323,138 last year
Days on Market
64
⇧ 33.3% vs 48 days last year

Price Per Square Foot

Median $/sqft
$176
⇩ 1.1% vs $178/sqft last year
Median Home Size
1,986 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 31 this year vs 42 last year
  • Days on market: 64 now vs 48 last year

Median & Average Pricing

Year over Year
  • Median: $285,000 (-4% YoY)
  • Average: $354,937 (+9.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.2 miles — 442 listings ($122,951,611 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
45502Springfield, OH 455020.0 mi32$11,195,584$290,000$349,862
45504Springfield, OH 455042.9 mi42$10,247,706$231,000$243,993
45503Springfield, OH 455033.4 mi103$22,968,073$205,000$222,991
45319Donnelsville, OH 453196.7 mi4$1,526,400$499,900$381,600
45323Enon, OH 453237.9 mi11$3,170,200$245,000$288,200
45344New Carlisle, OH 4534410.3 mi45$13,117,995$259,900$291,511
45341Medway, OH 4534111.4 mi5$1,085,835$241,400$217,167
45324Fairborn, OH 4532412.3 mi100$24,570,100$225,000$245,701
43078Urbana, OH 4307813.0 mi44$13,085,468$249,900$297,397
43072Saint Paris, OH 4307215.0 mi12$3,273,600$239,950$272,800
43044Mechanicsburg, OH 4304415.9 mi10$2,983,630$289,900$298,363
45312Casstown, OH 4531216.6 mi3$787,500$262,500$262,500
45434Dayton, OH 4543418.2 mi31$14,939,520$540,000$481,920

Frequently Asked Questions

How many homes are for sale in SPRINGFIELD, OH 45502?

As of February 2026, there are 31 active listings in SPRINGFIELD, OH (zip code 45502), compared to 42 the prior year.

What is the median home price in SPRINGFIELD, OH 45502?

The median listing price in SPRINGFIELD, OH 45502 is $285,000 as of February 2026, a 4% decrease from $296,900 the prior year.

How long do homes stay on the market in SPRINGFIELD, OH?

Homes in SPRINGFIELD, OH 45502 spend an average of 64 days on the market before going under contract, compared to 48 days the prior year.

Is it a seller's or buyer's market in SPRINGFIELD, OH 45502?

Based on current inventory and days-on-market data as of February 2026, SPRINGFIELD, OH 45502 is currently a Balanced Market. Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 64 days on market compared to 48 days last year.

How much can I save on real estate commission in SPRINGFIELD, OH?

With SELL123.com's maximum 3% commission, sellers in SPRINGFIELD, OH 45502 save an estimated $5,700 compared to a typical 5% commission on the median listing price of $285,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.