Springfield, MN
Housing market overview · Updated weekly
$263,000median sale price
Homes sold
2
Last 12 weeks
Days on market
2
Fast-moving
Active listings
7
3.5 months supply
Sale-to-list
97.7%
Below asking
The Springfield housing market is currently classified as a seller's market with a median sale price of $263,000. Prices have risen 107.9% compared to last year, with homes spending an average of 2 days on market, indicating 3.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Springfield?
The median home sale price in Springfield is $263,000, up 107.9% from last year.
How long do homes stay on market in Springfield?
Homes typically spend 2 days on market before going under contract.
Is Springfield a buyer's or seller's market?
With 3.5 months of supply, Springfield is currently a seller's market.
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