Market report, updated

Sign up to stay up to date on the Springfield Home Values!

Active, pending search in the city of Springfield having price at least $5,000

Create your own market report
Beliterealestate.com
Report prepared by Beliterealestate.com
Beliterealestate.com logo

Market at a glance

Over the last 6 months, homes sold for 97.5% of list price in 86 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $412K Sold · $395K
$470K$410K$350K$290K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 59 sales in Aug. Last month: 36.

Where the market stands

All homes in this report, by status.

520homes
Active249 · 48%
Under contract38 · 7%
Sold (6 mo)233 · 45%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

6.3months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$639K
Under contract$554K
Sold$398K

Average days on market

Active110 days
Under contract116 days
Sold86 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 249
Average list price $639,389
Avg. days on market 110 days
Avg. price per ft² $256 Based on 163 of 249 homes
Avg. living area 2,069 ft² Based on 163 of 249 homes
Avg. beds / baths 3.1 / 2.5

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

86 homes didn’t report living area and aren’t shown.

3 homes are larger or pricier than this chart’s scale and aren’t shown.

$1.5M$1M$500K$0

Price vs. living area: 160 homes plotted, up to $1.5M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

88 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

721 17th Ave W$1,752
304 20th Ave E$1,580
1508 S Main St$1,107
1074 Pair Six Dr$631
5522 Courtland Rd$419
3721 S Hyde Rd$373
2060 Beverly Ct$369

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
2000 Cherokee TrlSpringfield, TN 37172 321,532$459,900$3001 day
756 Hunters Crossing LnSpringfield, TN 37172 321,431$334,900$2340 days
6539 Lamont RdSpringfield, TN 37172 442,540$550,000$2161 day
17845 Hwy 76 ESpringfield, TN 37172 433,259$715,000$2192 days
943 Hunters LnSpringfield, TN 37172 321,783$508,161$2853 days
5963 Wayman Dunn RdSpringfield, TN 37172 321,900$349,900$1843 days
5480 Lakeview RdSpringfield, TN 37172 ———$4,400,000—5 days
5216 Hwy 161Springfield, TN 37172 331,958$479,900$2456 days
2104 Woodland StSpringfield, TN 37172 331,361$305,000$2244 days
Oak Ridge DrSpringfield, TN 37172 ———$575,000—6 days
Beliterealestate.com

Questions about this market?

Beliterealestate.com logo

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Beliterealestate.com

Next steps

How much is your home worth?

...get instant property value now!

Free and instant. We can follow up with a detailed valuation.

board logo

Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.