Springfield Real Estate Market Extends Downward Trend in Home Sales

A three-week rough patch for the overall sales trend continues in the Springfield market, with number of sales staying even at one over the last 30 days. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price stayed flat at $184,900 this week.

If price is the most important factor in your decision, these are some inexpensive homes being listed in Springfield:

$137K   $140K   $172K  

Get started right now by checking out Springfield homes for sale or reviewing Springfield real estate trends.

Demographic facts about Springfield:

  • The average elevation is 61 ft.
  • The median income for the homes in this area is $51,249.
  • The student per counselor ratio in this area is 552:1. (513:1 = national average)

Data reported through 10/13/2016

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