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Belmont Meadows Cheviot Hills Crabill Road Farms Garden Acres Kenwood Heights Layne Meadow Lane Shawnee Acres Sherwood Park Southridge Sun Valley Warder Park

SPRINGFIELD, OH 45505

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

Neighborhoods in ZIP 45505

Belmont Meadows · Cheviot Hills · Crabill Road Farms · Garden Acres · Kenwood Heights · Layne · Meadow Lane · Shawnee Acres · Sherwood Park · Southridge · Sun Valley · Warder Park

Market Analysis

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

The SPRINGFIELD, OH real estate market (45505) currently shows 69 active listings, with 27 pending sales. Homes are averaging 54 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

The median listing price has risen 8.2% year-over-year, from $144,375 to $156,175.

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: 20,485  ·  Density: 580.8/mi²  ·  Median household income: $42,692

Typical home value: $81,851  ·  Homeownership: 51.3%

Market Overview

Active Listings
69
⇧ 7.8% vs 64 last year
Pending
27
39% pending ratio
Median Price
$156,175
⇧ 8.2% vs $144,375 last year
Average Price
$195,955
⇧ 28% vs $153,093 last year
Days on Market
54
vs 54 days last year

Price Per Square Foot

Median $/sqft
$141
⇧ 6% vs $133/sqft last year
Median Home Size
1,279 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 69 this year vs 64 last year
  • Days on market: 54 now vs 54 last year

Median & Average Pricing

Year over Year
  • Median: $156,175 (+8.2% YoY)
  • Average: $195,955 (+28% 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 19.0 miles — 448 listings ($111,926,130 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
45505Springfield, OH 455050.0 mi64$12,800,704$160,000$200,011
45503Springfield, OH 455033.7 mi103$22,968,073$205,000$222,991
45504Springfield, OH 455046.2 mi42$10,247,706$231,000$243,993
45372Tremont City, OH 453728.5 mi1$219,900$219,900$219,900
45323Enon, OH 453239.6 mi11$3,170,200$245,000$288,200
45387Yellow Springs, OH 4538710.1 mi14$5,236,308$347,000$374,022
45314Cedarville, OH 4531411.2 mi7$3,345,720$449,000$477,960
45341Medway, OH 4534113.9 mi5$1,085,835$241,400$217,167
43078Urbana, OH 4307814.2 mi44$13,085,468$249,900$297,397
45384Wilberforce, OH 4538414.9 mi1$267,000$267,000$267,000
45389Christiansburg, OH 4538917.3 mi2$259,998$129,999$129,999
43072Saint Paris, OH 4307217.7 mi12$3,273,600$239,950$272,800
45424Dayton, OH 4542419.0 mi142$35,965,618$237,500$253,279

Frequently Asked Questions

How many homes are for sale in SPRINGFIELD, OH 45505?

As of February 2026, there are 69 active listings in SPRINGFIELD, OH (zip code 45505), compared to 64 the prior year.

What is the median home price in SPRINGFIELD, OH 45505?

The median listing price in SPRINGFIELD, OH 45505 is $156,175 as of February 2026, a 8.2% increase from $144,375 the prior year.

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

Homes in SPRINGFIELD, OH 45505 spend an average of 54 days on the market before going under contract, compared to 54 days the prior year.

Is it a seller's or buyer's market in SPRINGFIELD, OH 45505?

Based on current inventory and days-on-market data as of February 2026, SPRINGFIELD, OH 45505 is currently a Balanced Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

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

With SELL123.com's maximum 3% commission, sellers in SPRINGFIELD, OH 45505 save an estimated $3,124 compared to a typical 5% commission on the median listing price of $156,175. 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.