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Housing in Springfield

32 homes sold in Springfield in the last year, at a typical $180K

Almost every sale is a house. Below: what each kind of home sells for, 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
32
October 2025 to September 2026
Typical sale price
$180K
median, weighted by sales
Price per square foot
$121
Kentucky $163
Paid vs. asking
92.1%
3% sold over asking
For sale now
14
September 2026 · 3 sold that month
What sold · last 12 months

Houses are 0% of Springfield’s sales, at a typical — (year to May 2026)

32 homes sold in the year to September 2026.

12 years of sales

More homes sell than most years, at twice the 2016 price

32 sales in the last year, against 25 in 2024 and a low of 2 in 2014. The typical sale went from $87K in 2016 to $180K.

Homes soldTypical sale price
012253750$50K$100K$150K$200K2014: 2 sold, typical $70K’142015: 3 sold, typical $68K2016: 3 sold, typical $87K’162017: 3 sold, typical $115K2018: 5 sold, typical $98K’182019: 4 sold, typical $91K2020: 5 sold, typical $106K’202021: 11 sold, typical $141K2022: 15 sold, typical $149K’222023: 18 sold, typical $184K2024: 25 sold, typical $180K’242025: 22 sold, typical $165KLast 12 months: 32 sold, typical $180KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What the sales history says · 12 years of sales

Bidding wars in Springfield are back to pre-pandemic levels, and more homes are for sale

We read every month of Springfield’s home sales since 2014 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 September 2026, 32 sales.

If you’re buying in Springfield

  • Shop in November. It brings about 1 new listings a month, close to the busiest month, with fewer bidding wars (13% over asking).
  • Offer under asking. Buyers paid 92.1% of the list price on average; 3% paid over.
  • You’ll usually have time. Only 25% of homes go under contract within two weeks; the typical one takes 48 days.
Best time to buy

Fall brings the homes; summer brings the bidding wars

October has the most new listings (about 2 a month), but July is the most competitive: 17% of July sales close over asking. January has the least competition (7%) but only about 1 new listings.

New listings a monthShare sold over asking
01.32.53.857%13%20%Sweet spotJan: 1 new listings a month, 7% sold over asking, 94 days to sellJFeb: 1 new listings a month, 12% sold over asking, 95 days to sellFMar: 1 new listings a month, 9% sold over asking, 120 days to sellMApr: 1 new listings a month, 11% sold over asking, 118 days to sellAMay: 2 new listings a month, 14% sold over asking, 64 days to sellMJun: 1 new listings a month, 14% sold over asking, 43 days to sellJJul: 1 new listings a month, 17% sold over asking, 44 days to sellJAug: 1 new listings a month, 10% sold over asking, 68 days to sellASep: 1 new listings a month, 16% sold over asking, 77 days to sellSOct: 2 new listings a month, 16% sold over asking, 87 days to sellONov: 1 new listings a month, 13% sold over asking, 65 days to sellNDec: 1 new listings a month, 10% sold over asking, 70 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Kentucky

Springfield now2017–192021 peakKY now
Sold over askingShare of sales that closed above the list price3%6%21%16%
Gone within two weeksShare of homes under contract within 14 days25%8%9%34%
Price paid vs. askingAverage sale price ÷ list price92.1%91.6%94.6%97.3%
Days to sellMedian days from listing to contract48877853
Supply

12 homes for sale on a typical day

That’s 9.3 times the 2014 low (1) and 478% more than in 2017–19.

2014: 1 for sale’142015: 2 for sale2016: 2 for sale2017: 2 for sale’172018: 2 for sale2019: 2 for sale2020: 3 for sale’202021: 4 for sale2022: 5 for sale2023: 6 for sale’232024: 9 for sale2025: 10 for saleLast 12 months: 12 for saleNow

Source: Redfin Data Center, city figures, January 2014 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Springfield home costs about $1,060 a month

Mortgage
Property tax
Insurance
Rent

Price: Springfield’s typical sale, last 12 months. Property tax at Springfield’s 0.8% (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

2

New listings in October

The month with the most choice. February has the fewest, about 1.

Best time to buy
0.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $180K home, about $1,450 a year.

Taxes vs. neighbors
A−

Schools

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

Schools in Springfield
17 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

No busy market nearby sells for less a square foot; Bardstown, Harrodsburg and Junction City 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
Danville197$226K$14314%58
Bardstown163$244K$17811%62
Harrodsburg153$233K$15814%68
Junction City44$242K$16914%85
Springfield32$180K$1213%48

Redfin Data Center, October 2025 to September 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, KY?

32 homes sold in the year to September 2026 at a typical $180K, $121 a square foot.

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

A balanced market: 14 homes were for sale in September 2026 and 3 sold, about 4.2 months of supply. Buyers paid 92.1% of asking on average.

When is the best time to buy in Springfield?

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

How much are property taxes in Springfield?

About 0.8% of a home’s value a year. On a $180K home that’s near $1,450.

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; from June 2026 each month is a 3-month rolling window, its counts divided by 3). 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).