32 homes sold in Springfield in the last year, at a typical $190K
Redfin reports Springfield’s sales by ZIP code, so these figures are for ZIP 04487, which takes in Springfield and the area around it. 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.
Every place Springfield homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Springfield.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Springfield’s sales, at a typical $190K
32 homes sold in the year to May 2026.
typical sale · 32 sold in 12 months
- Per square foot
- $195ME $253
- Days to sell
- 72
- Sold over asking
- 21%
About as many homes sell as usual, at twice the 2016 price
32 sales in the last year, against 44 in 2020 and a low of 13 in 2016. The typical sale went from $91K in 2016 to $190K.
Source: Redfin Data Center, MLS sales; for ZIP 04487, which takes in Springfield and the area around it (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.
What $200K buys in Springfield
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.
Bidding wars in Springfield are more common than before the pandemic, but half fewer homes come up for sale
We read every month of home sales in ZIP 04487 since 2016 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, 32 sales.
If you’re buying in Springfield
- Shop in September. It brings about 4 new listings a month, close to the busiest month, with fewer bidding wars (8% over asking).
- Bid near asking. Buyers paid 99.4% of the list price on average; 21% paid over.
- You’ll usually have time. Only 23% of homes go under contract within two weeks; the typical one takes 72 days.
Summer brings the homes; winter brings the bidding wars
July has the most new listings (about 5 a month), but December is the most competitive: 16% of December sales close over asking. August and September offer nearly as much choice with fewer homes bid up (10%). January has the least competition (6%) but only about 2 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and calmer than Maine
| Springfield now | 2017–19 | 2021 peak | ME now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 21% | 10% | 12% | 28% |
| Gone within two weeksShare of homes under contract within 14 days | 23% | 13% | 34% | 32% |
| Listings with a price cutShare of homes for sale that cut their price | — | — | — | 22% |
| Price paid vs. askingAverage sale price ÷ list price | 99.4% | 93% | 96.1% | 98.1% |
| Days to sellMedian days from listing to contract | 72 | 162 | 43 | 57 |
10 homes for sale on a typical day
That’s 1.2 times the 2022 low (9), 50% fewer than in 2017–19 and well under 2017’s 22.
Source: Redfin Data Center, ZIP code tracker; for ZIP 04487, which takes in Springfield and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2016 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Four things worth knowing
New listings in July
The month with the most choice. February has the fewest, about 1.
Best time to buyTypical commute
The average one-way trip to work for people who live in Springfield.
Work & commuteCheck 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 hazardsLook 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.
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, ME?
32 homes sold in the year to May 2026 at a typical $190K, $195 a square foot.
Is Springfield a buyer’s or seller’s market?
A buyer’s market: 8 homes were for sale in May 2026 and 0 sold, about 8 months of supply. Buyers paid 99.4% of asking on average.
When is the best time to buy in Springfield?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
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; for ZIP 04487, which takes in Springfield and the area around it (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).