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Green Hedges Possum Woods

SPRINGFIELD, OH 45506

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

Neighborhoods in ZIP 45506

Green Hedges · Possum Woods

Market Analysis

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

The SPRINGFIELD, OH real estate market (45506) currently shows 31 active listings, with 13 pending sales. Homes are averaging 99 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 99 days on market compared to 61 days last year.

The median listing price has risen 7.9% year-over-year, from $122,675 to $132,425.

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: 13,145  ·  Density: 415.2/mi²  ·  Median household income: $42,746

Typical home value: $93,611  ·  Homeownership: 56.9%

Market Overview

Active Listings
31
⇩ 6.1% vs 33 last year
Pending
13
42% pending ratio
Median Price
$132,425
⇧ 7.9% vs $122,675 last year
Average Price
$157,903
⇧ 13.7% vs $138,889 last year
Days on Market
99
⇧ 62.3% vs 61 days last year

Price Per Square Foot

Median $/sqft
$96
⇩ 17.9% vs $117/sqft last year
Median Home Size
1,430 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 31 this year vs 33 last year
  • Days on market: 99 now vs 61 last year

Median & Average Pricing

Year over Year
  • Median: $132,425 (+7.9% YoY)
  • Average: $157,903 (+13.7% 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 16.4 miles — 359 listings ($89,172,064 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
45506Springfield, OH 455060.0 mi28$4,742,164$137,450$169,363
45504Springfield, OH 455043.5 mi42$10,247,706$231,000$243,993
45319Donnelsville, OH 453195.0 mi4$1,526,400$499,900$381,600
45503Springfield, OH 455036.2 mi103$22,968,073$205,000$222,991
45349North Hampton, OH 453497.8 mi1$169,900$169,900$169,900
45341Medway, OH 453419.1 mi5$1,085,835$241,400$217,167
45324Fairborn, OH 453249.6 mi100$24,570,100$225,000$245,701
45314Cedarville, OH 4531411.4 mi7$3,345,720$449,000$477,960
45369South Vienna, OH 4536913.7 mi8$3,109,600$372,500$388,700
45389Christiansburg, OH 4538914.2 mi2$259,998$129,999$129,999
43078Urbana, OH 4307815.3 mi44$13,085,468$249,900$297,397
43072Saint Paris, OH 4307216.0 mi12$3,273,600$239,950$272,800
45312Casstown, OH 4531216.4 mi3$787,500$262,500$262,500

Frequently Asked Questions

How many homes are for sale in SPRINGFIELD, OH 45506?

As of February 2026, there are 31 active listings in SPRINGFIELD, OH (zip code 45506), compared to 33 the prior year.

What is the median home price in SPRINGFIELD, OH 45506?

The median listing price in SPRINGFIELD, OH 45506 is $132,425 as of February 2026, a 7.9% increase from $122,675 the prior year.

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

Homes in SPRINGFIELD, OH 45506 spend an average of 99 days on the market before going under contract, compared to 61 days the prior year.

Is it a seller's or buyer's market in SPRINGFIELD, OH 45506?

Based on current inventory and days-on-market data as of February 2026, SPRINGFIELD, OH 45506 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 99 days on market compared to 61 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 45506 save an estimated $2,649 compared to a typical 5% commission on the median listing price of $132,425. 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.