Home Sales Down in Springfield Real Estate Market

The Springfield market remained sluggish with 23 homes sold in the last 30 days, a 23.3% sales drop. On the other hand, close-by Alexandria registered 174 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices are coming down in Springfield, and for this period the median sales price slid from $459,250 to $438,000. There are only two months of inventory available in Springfield, so it's a solid seller's market, even with the decrease in sales.

You never know when the perfect home may come in the market so take a look at the new listings in Springfield:

$449K   $599K   $493K  

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

Demographic facts for Springfield:

  • The population has increased 25.1% over the past 10 years.
  • The area's lifestyle rating is 63. (Scale: 1 = Worst, 100 = Best)
  • 69.3% of the residents commute to work alone in their car, 14.1% via carpool, and 9.7% by way of public transit.

Data reported through 1/11/2017

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