Springfield, IL Real Estate & Property Data

Springfield Real Estate Market Trends
Last Updated: March 29, 2024

Accurate and comprehensive real estate data is critical for insight into Springfield, IL. ATTOM’s Springfield real estate data is updated daily, and current market trends show that in Springfield, IL a total of 2,772 residential properties have sold over the past year. With a median home price of $150,000 in Springfield and a total of 2 foreclosures. Get detailed property data for Springfield, IL instantly. ATTOM is your one-stop-shop for the Springfield property reports and real estate data you need in Springfield, IL.

Springfield Real Estate Market Trends
Total Residential Properties 51,183
Total Commercial Properties 6,588
Avg. Home Age (Single Family Home) N/A
Avg. Square Feet (Single Family Home) N/A
Total 2024 Residential Sales (year-to-date) 152
% of Homes Seriously Underwater (Q1 2024) 1.7%
Total 2023 Residential Sales 2,620
% of Equity Rich Homes (Q1 2024) 26.57%
Effective 2023 Property Tax 2.03%
Total Foreclosure Filings (year-to-date) 2
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Springfield, IL Real Estate Overview

There were 2,772 residential properties sold in the past year in Springfield, IL. The median home value in Springfield, IL is $144,453. There are a total of 51,183 residential properties in the Springfield.

Median Sales Price i
$150,000
(Jan 2024)
+30.4%
year-over-year
y-o-y
  • January '24 Jan '24 $150,000
  • December '23 Dec '23 $152,000
  • November '23 Nov '23 $150,000
  • October '23 Oct '23 $156,000
  • September '23 Sep '23 $153,500
  • August '23 Aug '23 $157,500
  • July '23 Jul '23 $160,000
  • June '23 Jun '23 $160,000
  • May '23 May '23 $130,000
  • April '23 Apr '23 $135,000
  • March '23 Mar '23 $130,000
  • February '23 Feb '23 $125,000
Median Down Payment i
$19,000
(Jan 2024)
+62.4%
year-over-year
y-o-y
  • January '24 Jan '24 $19,000
  • December '23 Dec '23 $22,080
  • November '23 Nov '23 $15,000
  • October '23 Oct '23 $16,225
  • September '23 Sep '23 $16,700
  • August '23 Aug '23 $20,200
  • July '23 Jul '23 $17,518
  • June '23 Jun '23 $17,000
  • May '23 May '23 $11,841
  • April '23 Apr '23 $12,600
  • March '23 Mar '23 $14,400
  • February '23 Feb '23 $15,000
Number of Homes Sold i
152
(Jan 2024)
+2%
year-over-year
y-o-y
  • January '24 Jan '24 152
  • December '23 Dec '23 210
  • November '23 Nov '23 168
  • October '23 Oct '23 253
  • September '23 Sep '23 230
  • August '23 Aug '23 266
  • July '23 Jul '23 217
  • June '23 Jun '23 262
  • May '23 May '23 275
  • April '23 Apr '23 208
  • March '23 Mar '23 216
  • February '23 Feb '23 166
Number of Purchase Loans i
123
(Jan 2024)
-14.6%
year-over-year
y-o-y
  • January '24 Jan '24 123
  • December '23 Dec '23 159
  • November '23 Nov '23 121
  • October '23 Oct '23 181
  • September '23 Sep '23 182
  • August '23 Aug '23 204
  • July '23 Jul '23 193
  • June '23 Jun '23 237
  • May '23 May '23 214
  • April '23 Apr '23 151
  • March '23 Mar '23 181
  • February '23 Feb '23 103
Number of REFI Loans i
383
(Jan 2024)
+345.3%
year-over-year
y-o-y
  • January '24 Jan '24 383
  • December '23 Dec '23 66
  • November '23 Nov '23 59
  • October '23 Oct '23 69
  • September '23 Sep '23 79
  • August '23 Aug '23 94
  • July '23 Jul '23 76
  • June '23 Jun '23 45
  • May '23 May '23 81
  • April '23 Apr '23 53
  • March '23 Mar '23 62
  • February '23 Feb '23 50
Number of HELOC Loans i
76
(Jan 2024)
+20.6%
year-over-year
y-o-y
  • January '24 Jan '24 76
  • December '23 Dec '23 82
  • November '23 Nov '23 97
  • October '23 Oct '23 111
  • September '23 Sep '23 99
  • August '23 Aug '23 96
  • July '23 Jul '23 94
  • June '23 Jun '23 105
  • May '23 May '23 88
  • April '23 Apr '23 81
  • March '23 Mar '23 77
  • February '23 Feb '23 47

Springfield, IL Real Estate Market Overview

Last 30 days
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    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Springfield, IL Foreclosure Activity

There were a total of 2 Springfield, IL properties with a foreclosure filing in January 2024.

Total Foreclosure Filings i
2
(Jan 2024)
-75%
year-over-year
y-o-y
  • January '24 Jan '24 2
  • December '23 Dec '23 12
  • November '23 Nov '23 14
  • October '23 Oct '23 11
  • September '23 Sep '23 2
  • August '23 Aug '23 6
  • July '23 Jul '23 18
  • June '23 Jun '23 3
  • May '23 May '23 13
  • April '23 Apr '23 6
  • March '23 Mar '23 16
  • February '23 Feb '23 11
Completed Foreclosures (REOs) i
2
(Jan 2024)
-50%
year-over-year
y-o-y
  • January '24 Jan '24 2
  • December '23 Dec '23 4
  • November '23 Nov '23 3
  • October '23 Oct '23 3
  • September '23 Sep '23 3
  • August '23 Aug '23 6
  • July '23 Jul '23 4
  • June '23 Jun '23 2
  • May '23 May '23 7
  • April '23 Apr '23 2
  • March '23 Mar '23 11
  • February '23 Feb '23 1
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