Springfield Real Estate Market Sees Sales Decline

The Springfield market pulled back this week but was still better than normal as sales dropped 8.2% to 67 homes sold over the last 30 days. Meanwhile, close-by Eugene reported 186 homes sales, the highest number from all the surrounding cities. Prices are falling in Springfield, and this period the median price of all sales fell from $205,000 to $198,000. With only two months of inventory to sell, Springfield is a strong seller's market, in spite of the dip in sales.

If a home with lots of bedrooms is what you want, then be sure to go see these listings in Springfield:

$460K   $489K   $315K  

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

Demographic facts for Springfield:

  • The average age is 34 years old for the population in this area.
  • This area has a health cost index score of 117.4. (100 = national average)
  • People in this area have a commute time breakdown of: <15 min (32.9%), 15-29 min (49.6%), 30-44 min (11.4%), 45-59 min (2.1%), >60 min (4.0%).

Data reported through 10/12/2016

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RE/MAX Integrity
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Key Realty Group
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