Springfield Real Estate Market

Springfield Market

The median sale price for homes in Springfield over the last 12 months is $164,500.


The median mortgage debt is $100,908.

Additional Statistics for Single Family Homes and Condos in Springfield, OR
$172,240
Median Listing Price
78
Median Days on Market
273
Active Listings
42.5%
Distressed Listings
(foreclosures and short sales)
Springfield, OR Price Trends - Sold vs. Listed
The median list price in May for single family homes in Springfield is $174,500. The list prices dropped by -2.51% from the previous month.

The price per square foot for listings in this area is $123.

The median sale price in January for single family homes is $115,000. The sale prices dropped by -21.49% from the previous month.

The price per square foot for sales in this area is $82.

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Springfield, OR Market Inventory Trends

The number of active listings in Springfield increased by 5.6% from the previous month.

The median number of days active properties have been listed is 78. This is significantly shorter than the national average.

The number of sales in January dropped by 65.5% from the previous month.

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Springfield, OR Property Ownership

The percent of unoccupied properties is very low in Springfield. It is -9.87% below the national average.

The percent of owner occupied properties in Springfield is 10.63% below the national average.

The percent of rental properties in Springfield is 23.3% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.