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Metro housing market

Springfield, IL housing market

The latest Springfield, IL home prices, inventory, and days on market. The typical home here is 31.9% lower than the Illinois state average and 45.9% lower than the U.S. typical value.

Data as of May 2026.

Latest market snapshot

Home value

$200K

May 2026

Days on market

4 days

May 2026

Inventory

412

May 2026

What the numbers say

  • ·Typical home value (ZHVI) is $200,409 — +0.1% month over month, +8.8% year over year.
  • ·Median days on market is 4 days — -42.9% month over month, 0.0% year over year.
  • ·Homes for sale is 412 — +10.2% month over month, +2.5% year over year.

13-month trends

Typical home value (ZHVI)May 2025May 2026
Springfield, IL Typical home value (ZHVI) — trailing 13 months$200K
Not enough data to chart median sale price yet.
Median days on marketMay 2025May 2026
Springfield, IL Median days on market — trailing 13 months4 days
Homes for saleMay 2025May 2026
Springfield, IL Homes for sale — trailing 13 months412

Other metros in Illinois

Sources & methodology

Every figure on this page is drawn from authoritative public housing and mortgage data, refreshed monthly. Home values shown as ZHVI are a smoothed typical-value index, not raw sale prices. We cite openly so you can verify.