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Housing in Springfield

107 homes sold in Springfield in the last year, at a typical $261K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Springfield homes are listed.

Homes sold
107
June 2025 to May 2026
Typical sale price
$261K
median, weighted by sales
Price per square foot
$181
Florida $250
Paid vs. asking
96%
11% sold over asking
For sale now
65
May 2026 · 11 sold that month
What sold · last 12 months

Houses are 91% of Springfield’s sales, at a typical $267K

107 homes sold in the year to May 2026.

Houses$267K

typical sale · 97 sold in 12 months

Per square foot
$186FL $245
Days to sell
79
Sold over asking
12%
Listings with a price cut
25%
Fewer sales

Multi-family (2–4 units): 7 sold, typical $232K
Townhouses: 3 sold, typical $214K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 2.3 times the 2016 price

107 sales in the last year, against 175 in 2019 and a low of 69 in 2012. The typical sale went from $111K in 2016 to $261K.

Homes soldTypical sale price
050100150200$75K$150K$225K$300K2012: 69 sold, typical $63K’122013: 81 sold, typical $74K2014: 89 sold, typical $74K’142015: 90 sold, typical $79K2016: 112 sold, typical $111K’162017: 107 sold, typical $123K2018: 107 sold, typical $137K’182019: 175 sold, typical $107K2020: 167 sold, typical $156K’202021: 159 sold, typical $183K2022: 165 sold, typical $205K’222023: 109 sold, typical $249K2024: 85 sold, typical $257K’242025: 118 sold, typical $267KLast 12 months: 107 sold, typical $261KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $250K buys in Springfield

Houseat $186 a sq ft
The same money in Floridaat $245 a sq ft

Is this asking price fair?

Check a listing against what Springfield homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Springfield are rarer than before the pandemic, and more homes are for sale

We read every month of Springfield’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 107 sales.

If you’re buying in Springfield

  • Shop in October. It brings about 14 new listings a month, close to the busiest month, with fewer bidding wars (11% over asking).
  • Offer under asking. Buyers paid 96% of the list price on average; 11% paid over.
  • You’ll usually have time. Only 18% of homes go under contract within two weeks; the typical one takes 77 days.
Best time to buy

Summer brings the homes; winter brings the bidding wars

August has the most new listings (about 15 a month), but December is the most competitive: 24% of December sales close over asking. September and October offer nearly as much choice with fewer homes bid up (15%). October has the least competition (11%).

New listings a monthShare sold over asking
03.87.511.31513%27%40%Sweet spotJan: 12 new listings a month, 14% sold over asking, 84 days to sellJFeb: 13 new listings a month, 18% sold over asking, 79 days to sellFMar: 13 new listings a month, 14% sold over asking, 83 days to sellMApr: 14 new listings a month, 18% sold over asking, 65 days to sellAMay: 15 new listings a month, 19% sold over asking, 81 days to sellMJun: 12 new listings a month, 19% sold over asking, 78 days to sellJJul: 15 new listings a month, 21% sold over asking, 78 days to sellJAug: 15 new listings a month, 21% sold over asking, 75 days to sellASep: 14 new listings a month, 15% sold over asking, 74 days to sellSOct: 14 new listings a month, 11% sold over asking, 76 days to sellONov: 10 new listings a month, 18% sold over asking, 71 days to sellNDec: 9 new listings a month, 24% sold over asking, 72 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Florida as a whole

Springfield now2017–192021 peakFL now
Sold over askingShare of sales that closed above the list price11%17%23%10%
Gone within two weeksShare of homes under contract within 14 days18%6%4%20%
Listings with a price cutShare of homes for sale that cut their price24%——28%
Price paid vs. askingAverage sale price ÷ list price96%95.2%97.7%96.3%
Days to sellMedian days from listing to contract77756876
Supply

61 homes for sale on a typical day

That’s 2.2 times the 2022 low (28) and 46% more than in 2017–19.

2012: 51 for sale’122013: 53 for sale2014: 51 for sale2015: 49 for sale’152016: 53 for sale2017: 36 for sale2018: 43 for sale’182019: 46 for sale2020: 50 for sale2021: 42 for sale’212022: 28 for sale2023: 30 for sale2024: 40 for sale’242025: 55 for saleLast 12 months: 61 for saleNow
Room to negotiate

1 in 4 listings has cut its price

24% in the last year, against — in 2017–19 and 28% across Florida.

2022: 23%’222023: 32%2024: 31%2025: 22%’25Last 12 months: 24%Now
Across Florida

Springfield ranks 207th of 534 busy Florida markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Springfield is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Springfield home costs about $1,476 a month

Mortgage
Property tax
Insurance
Rent

Price: Springfield’s typical sale, last 12 months. Property tax at Springfield’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Springfield is affordable on local pay is on Cost of living.

Before you buy in Springfield

Six things worth knowing

15

New listings in August

The month with the most choice. December has the fewest, about 9.

Best time to buy
0.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $261K home, about $1,370 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Springfield, from test results, graduation and how much students grow.

Schools in Springfield
23 min

Typical commute

The average one-way trip to work for people who live in Springfield.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Callaway sells for less a square foot; Lower Grand Lagoon for far more

The busier markets within 25 miles of Springfield, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Panama City735$305K$19013%73
Callaway310$285K$17516%76
Lower Grand Lagoon304$467K$3723%110
Lynn Haven282$316K$19211%74
Springfield107$261K$18111%77
Parker59$276K$1788%68
Pretty Bayou48$401K$2056%81

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Springfield, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Springfield. People who follow the town see it, and so do people comparing Springfield with their own town. No commission, no listing fee.

Questions about buying a home in Springfield

What do homes sell for in Springfield, FL?

107 homes sold in the year to May 2026 at a typical $261K, $181 a square foot.

Is Springfield a buyer’s or seller’s market?

A balanced market: 65 homes were for sale in May 2026 and 11 sold, about 5.9 months of supply. Buyers paid 96% of asking on average, and 24% of listings cut their price.

When is the best time to buy in Springfield?

August brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Springfield?

About 0.5% of a home’s value a year. On a $261K home that’s near $1,370.

Where can I see homes for sale in Springfield?

Zillow, Redfin, Realtor.com and Homes.com all carry Springfield’s MLS listings; the search links above open each one filtered to Springfield.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).