Data as of February 2026. Source: Realtor.com.
The SPRINGFIELD, IL real estate market (62703) currently shows 43 active listings, with 17 pending sales. Homes are averaging 60 days on the market before going under contract.
Inventory has tightened compared to last year, with 21 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 60 days on market compared to 64 days last year.
The median listing price has fallen 3.3% year-over-year, from $90,450 to $87,450.
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: 28,809 · Density: 745.6/mi² · Median household income: $43,760
Typical home value: $94,473 · Homeownership: 55.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 62703 | Springfield, IL 62703 | 0.0 mi | 42 | $4,189,206 | $84,900 | $99,743 |
| 62704 | Springfield, IL 62704 | 3.0 mi | 88 | $17,389,856 | $164,900 | $197,612 |
| 62711 | Springfield, IL 62711 | 5.4 mi | 35 | $18,367,860 | $421,000 | $524,796 |
| 62629 | Chatham, IL 62629 | 7.5 mi | 27 | $10,840,635 | $369,000 | $401,505 |
| 62561 | Riverton, IL 62561 | 9.9 mi | 6 | $1,439,700 | $240,000 | $239,950 |
| 62625 | Cantrall, IL 62625 | 10.5 mi | 2 | $438,000 | $219,000 | $219,000 |
| 62558 | Pawnee, IL 62558 | 12.9 mi | 3 | $616,950 | $213,900 | $205,650 |
| 62661 | Loami, IL 62661 | 13.0 mi | 2 | $299,800 | $149,900 | $149,900 |
| 62530 | Divernon, IL 62530 | 13.9 mi | 6 | $914,700 | $152,450 | $152,450 |
| 62677 | Pleasant Plains, IL 62677 | 14.4 mi | 6 | $3,247,350 | $259,450 | $541,225 |
| 62531 | Edinburg, IL 62531 | 15.2 mi | 2 | $179,800 | $89,900 | $89,900 |
| 62517 | Bulpitt, IL 62517 | 15.7 mi | 1 | $60,000 | $60,000 | $60,000 |
| 62613 | Athens, IL 62613 | 15.8 mi | 7 | $2,223,641 | $127,450 | $317,663 |
As of February 2026, there are 43 active listings in SPRINGFIELD, IL (zip code 62703), compared to 64 the prior year.
The median listing price in SPRINGFIELD, IL 62703 is $87,450 as of February 2026, a 3.3% decrease from $90,450 the prior year.
Homes in SPRINGFIELD, IL 62703 spend an average of 60 days on the market before going under contract, compared to 64 days the prior year.
Based on current inventory and days-on-market data as of February 2026, SPRINGFIELD, IL 62703 is currently a Seller's Market. Inventory has tightened compared to last year, with 21 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 60 days on market compared to 64 days last year.
With SELL123.com's maximum 3% commission, sellers in SPRINGFIELD, IL 62703 save an estimated $1,749 compared to a typical 5% commission on the median listing price of $87,450. 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.