Data as of February 2026. Source: Realtor.com.
The SPRINGFIELD, IL real estate market (62707) currently shows 12 active listings, with 5 pending sales. Homes are averaging 84 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are selling faster, averaging 84 days on market compared to 92 days last year.
The median listing price has risen 10.6% year-over-year, from $209,925 to $232,250.
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: 7,725 · Density: 71.3/mi² · Median household income: $86,500
Typical home value: $153,757 · Homeownership: 92.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 62707 | Springfield, IL 62707 | 0.0 mi | 11 | $3,392,554 | $225,000 | $308,414 |
| 62625 | Cantrall, IL 62625 | 4.4 mi | 2 | $438,000 | $219,000 | $219,000 |
| 62704 | Springfield, IL 62704 | 5.9 mi | 88 | $17,389,856 | $164,900 | $197,612 |
| 62711 | Springfield, IL 62711 | 7.5 mi | 35 | $18,367,860 | $421,000 | $524,796 |
| 62712 | Springfield, IL 62712 | 8.1 mi | 20 | $8,079,280 | $399,900 | $403,964 |
| 62693 | Williamsville, IL 62693 | 9.9 mi | 2 | $499,900 | $249,950 | $249,950 |
| 62677 | Pleasant Plains, IL 62677 | 12.0 mi | 6 | $3,247,350 | $259,450 | $541,225 |
| 62629 | Chatham, IL 62629 | 12.7 mi | 27 | $10,840,635 | $369,000 | $401,505 |
| 62515 | Buffalo, IL 62515 | 15.0 mi | 2 | $300,000 | $150,000 | $150,000 |
| 62545 | Mechanicsburg, IL 62545 | 15.2 mi | 2 | $314,000 | $157,000 | $157,000 |
| 62688 | Tallula, IL 62688 | 15.8 mi | 5 | $1,049,500 | $209,900 | $209,900 |
| 62661 | Loami, IL 62661 | 16.6 mi | 2 | $299,800 | $149,900 | $149,900 |
| 62558 | Pawnee, IL 62558 | 19.2 mi | 3 | $616,950 | $213,900 | $205,650 |
As of February 2026, there are 12 active listings in SPRINGFIELD, IL (zip code 62707), compared to 10 the prior year.
The median listing price in SPRINGFIELD, IL 62707 is $232,250 as of February 2026, a 10.6% increase from $209,925 the prior year.
Homes in SPRINGFIELD, IL 62707 spend an average of 84 days on the market before going under contract, compared to 92 days the prior year.
Based on current inventory and days-on-market data as of February 2026, SPRINGFIELD, IL 62707 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 84 days on market compared to 92 days last year.
With SELL123.com's maximum 3% commission, sellers in SPRINGFIELD, IL 62707 save an estimated $4,645 compared to a typical 5% commission on the median listing price of $232,250. 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.