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Springfield

Why you'd want to live in Springfield

As the largest city in central Illinois, with a population of 117,000, Springfield is best known for being the home of our 16th President Abraham Lincoln and the place where President Barack Obama spent his early career in politics. Springfield is truly rich with history while maintaining a progressive and strong business environment. Conveniently located on Interstate Highways 55 and 72, Springfield is in close proximity to St. Louis to the south; Chicago to the north and Indianapolis to the east. This central location gives Springfield a reach of over 536,000 people within a 40 mile radius. In addition to Interstate access, five class I railroads and two short line railroads serve the city and Sangamon County, providing direct shipment to major markets throughout the United States. Springfield's Abraham Lincoln Capital Airport is three miles northwest of the City's downtown and is a full service provider that accommodates both passenger as well as freight services. Springfield's medical and health care sectors are a core industry for central Illinois. Hospital Sisters Health System (HSHS) and Memorial Health Systems are our two main providers. HSHS St. John's Hospital and Memorial Medical Center are currently undergoing major expansions. The community is also home to Springfield Clinic; Prairie Heart Institute; Prairie Education and Research Cooperative; Southern Illinois School of Medicine (SIU); Simmons Cancer Institute; along with St. John's School of Nursing and the University of Illinois at Springfield's nursing program. Springfield is a regional provider of health care services. An example of the confidence that our medical community has in this central location is the 2015 opening of Memorial Medical Center's 72,000-square-foot, four-story Center for Learning and Innovation. As only one of six in the nation, the Center houses a state-of-the-art Simulation Center, providing learners with the opportunity to develop their skills through simulation and skills training. via Homes for Sale in Springfield

Springfield Market Report

$356,101

AVERAGE PRICE OF 593 HOMES

$2,290,761

AVERAGE PRICE OF 36 MULTI-MILLION DOLLAR HOMES

$461,457

AVERAGE PRICE OF 11 NEWLY BUILT HOMES

$427,691

AVERAGE PRICE OF 12 HOMES WITH A POOL

$439,077

AVERAGE PRICE OF 9 REDUCED PRICE HOMES

Average Home

Average Price $356,101
Avg Bedrooms 2.37 beds
Avg Bathrooms 1.57 baths

Average Price by Bedrooms

1 bedroom $43,700
2 bedrooms $132,042
3 bedrooms $200,174
4 bedrooms $1,317,750
5 bedrooms $430,080
Springfield Home Price Trends
  12/2025 11/2025 10/2025 9/2025 8/2025
Total Listings 626 693 750 780 778
Average Price $374,266 $360,640 $359,247 $326,321 $320,773
Avg Price Change +3.78% +0.39% +10.09% +1.73% -3.27%
Median Price $179,739 $174,803 $172,097 $169,071 $165,593
Med Price Change +2.82% +1.57% +1.79% +2.10% -1.84%
Avg Bedrooms 2.1 beds 1.58 beds 2.3 beds 2.77 beds 3.02 beds
Avg Bathrooms 1.36 baths .93 bath 1.55 baths 1.95 baths 2.13 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Other 1 $99,000 32 days
Springfield District #186 217 $188,718 150 days
Total Homes Average Price Avg Days on Site
All Homes 593 $356,101 182 days
Multi-Million Dollar Homes 36 $2,290,761 219 days
Newly Built Homes 11 $461,457 111 days
Homes with a Pool 12 $427,691 103 days
Reduced Price Homes 9 $439,077 48 days
Based on information submitted to the MLS GRID as of January 20, 2026 4 PM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.
Based on information submitted to the MLS GRID by MRED as of January 20, 2026 4 PM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website. DMCA Notice
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