Data as of February 2026. Source: Realtor.com.
The SPRINGFIELD, IL real estate market (62702) currently shows 66 active listings, with 34 pending sales. Homes are averaging 38 days on the market before going under contract.
Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 38 days on market compared to 48 days last year.
The median listing price has risen 32.9% year-over-year, from $94,000 to $124,900.
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: 32,539 · Density: 817.7/mi² · Median household income: $51,814
Typical home value: $98,285 · Homeownership: 63.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 62702 | Springfield, IL 62702 | 0.0 mi | 67 | $10,070,971 | $119,950 | $150,313 |
| 62704 | Springfield, IL 62704 | 4.1 mi | 88 | $17,389,856 | $164,900 | $197,612 |
| 62712 | Springfield, IL 62712 | 6.1 mi | 20 | $8,079,280 | $399,900 | $403,964 |
| 62625 | Cantrall, IL 62625 | 6.4 mi | 2 | $438,000 | $219,000 | $219,000 |
| 62561 | Riverton, IL 62561 | 7.9 mi | 6 | $1,439,700 | $240,000 | $239,950 |
| 62563 | Rochester, IL 62563 | 10.6 mi | 13 | $5,846,126 | $312,922 | $449,702 |
| 62693 | Williamsville, IL 62693 | 11.3 mi | 2 | $499,900 | $249,950 | $249,950 |
| 62677 | Pleasant Plains, IL 62677 | 12.6 mi | 6 | $3,247,350 | $259,450 | $541,225 |
| 62670 | New Berlin, IL 62670 | 14.5 mi | 3 | $279,600 | $93,200 | $93,200 |
| 62519 | Cornland, IL 62519 | 15.0 mi | 1 | $190,000 | $190,000 | $190,000 |
| 62634 | Elkhart, IL 62634 | 16.8 mi | 1 | $125,000 | $125,000 | $125,000 |
| 62688 | Tallula, IL 62688 | 17.1 mi | 5 | $1,049,500 | $209,900 | $209,900 |
| 62675 | Petersburg, IL 62675 | 17.9 mi | 9 | $2,587,887 | $229,000 | $287,543 |
As of February 2026, there are 66 active listings in SPRINGFIELD, IL (zip code 62702), compared to 80 the prior year.
The median listing price in SPRINGFIELD, IL 62702 is $124,900 as of February 2026, a 32.9% increase from $94,000 the prior year.
Homes in SPRINGFIELD, IL 62702 spend an average of 38 days on the market before going under contract, compared to 48 days the prior year.
Based on current inventory and days-on-market data as of February 2026, SPRINGFIELD, IL 62702 is currently a Seller's Market. Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 38 days on market compared to 48 days last year.
With SELL123.com's maximum 3% commission, sellers in SPRINGFIELD, IL 62702 save an estimated $2,498 compared to a typical 5% commission on the median listing price of $124,900. 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.