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Downtown Springfield, Ohio 2021Photo: David Wilson · CC BY 2.0
Housing in Springfield

781 homes sold in Springfield in the last year, at a typical $162K

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
781
June 2025 to May 2026
Typical sale price
$162K
houses $164K · condos $178K
Price per square foot
$127
Ohio $164
Paid vs. asking
97.2%
22% sold over asking
For sale now
146
May 2026 · 62 sold that month
What sold · last 12 months

8% of Springfield’s sales are condos, at $14K more than a house

655 houses and 66 condos sold in the year to May 2026. Houses draw more bidding wars.

Houses$164K

typical sale · 655 sold in 12 months

Per square foot
$132OH $165
Days to sell
36
Sold over asking
24%
Listings with a price cut
34%
Condos$178K

typical sale · 66 sold in 12 months

Per square foot
$139OH $172
Days to sell
36
Sold over asking
9%
Listings with a price cut
33%
Fewer sales

Multi-family (2–4 units): 60 sold, typical $130K

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

781 sales in the last year, against 842 in 2021 and a low of 590 in 2014. The typical sale went from $70K in 2016 to $162K.

Homes soldTypical sale price
0212425637850$50K$100K$150K$200K2012: 613 sold, typical $51K’122013: 625 sold, typical $56K2014: 590 sold, typical $58K’142015: 662 sold, typical $61K2016: 640 sold, typical $70K’162017: 698 sold, typical $70K2018: 699 sold, typical $75K’182019: 726 sold, typical $80K2020: 779 sold, typical $82K’202021: 842 sold, typical $100K2022: 795 sold, typical $114K’222023: 712 sold, typical $128K2024: 819 sold, typical $145K’242025: 814 sold, typical $159KLast 12 months: 781 sold, typical $162KNow

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

What your budget buys

What $150K buys in Springfield

Houseat $132 a sq ft
Condoat $139 a sq ft
The same money in Ohioat $165 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 more common than before the pandemic, but a third fewer homes come up 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, 781 sales.

If you’re buying in Springfield

  • Shop in March. It brings about 73 new listings a month, close to the busiest month, with fewer bidding wars (19% over asking).
  • You can negotiate. 33% of listings have cut their price, against 0% before the pandemic.
  • Offer under asking. Buyers paid 97.2% of the list price on average; 22% paid over.
  • Move fast on good ones. 45% of homes are under contract within two weeks.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 91 a month), but June is the most competitive: 29% of June sales close over asking. March and April offer nearly as much choice with fewer homes bid up (19%). February has the least competition (18%).

New listings a monthShare sold over asking
023.847.571.39513%27%40%Sweet spotJan: 53 new listings a month, 20% sold over asking, 67 days to sellJFeb: 59 new listings a month, 18% sold over asking, 62 days to sellFMar: 73 new listings a month, 19% sold over asking, 66 days to sellMApr: 79 new listings a month, 22% sold over asking, 52 days to sellAMay: 79 new listings a month, 28% sold over asking, 49 days to sellMJun: 81 new listings a month, 29% sold over asking, 50 days to sellJJul: 91 new listings a month, 26% sold over asking, 50 days to sellJAug: 89 new listings a month, 24% sold over asking, 47 days to sellASep: 74 new listings a month, 21% sold over asking, 50 days to sellSOct: 82 new listings a month, 21% sold over asking, 54 days to sellONov: 63 new listings a month, 20% sold over asking, 52 days to sellNDec: 48 new listings a month, 20% sold over asking, 55 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and calmer than Ohio

Springfield now2017–192021 peakOH now
Sold over askingShare of sales that closed above the list price22%15%31%29%
Gone within two weeksShare of homes under contract within 14 days45%3%24%47%
Listings with a price cutShare of homes for sale that cut their price33%0%17%27%
Price paid vs. askingAverage sale price ÷ list price97.2%94.9%97.7%98.5%
Days to sellMedian days from listing to contract35684243
Supply

160 homes for sale on a typical day

That’s 1.8 times the 2023 low (89), 36% fewer than in 2017–19 and well under 2014’s 381.

2012: 362 for sale’122013: 372 for sale2014: 381 for sale2015: 352 for sale’152016: 282 for sale2017: 279 for sale2018: 249 for sale’182019: 224 for sale2020: 171 for sale2021: 152 for sale’212022: 93 for sale2023: 89 for sale2024: 130 for sale’242025: 171 for saleLast 12 months: 160 for saleNow
Room to negotiate

1 in 3 listings has cut its price

33% in the last year, against 0% in 2017–19 and 27% across Ohio. More sellers are pricing high and coming down.

2019: 0%’192020: 1%2021: 17%2022: 27%’222023: 28%2024: 33%2025: 32%’25Last 12 months: 33%Now
Prices by type

Since 2019, houses are up 104%, condos 51%

A house typically sold for $164K in the last year (655 sales), a condo for $178K (66).

$75K$150K$225K$300K2013201520172019202120232025NowHouses 2013: $53K, 542 salesHouses 2014: $54K, 494 salesHouses 2015: $56K, 554 salesHouses 2016: $69K, 547 salesHouses 2017: $69K, 586 salesHouses 2018: $75K, 584 salesHouses 2019: $80K, 599 salesHouses 2020: $83K, 670 salesHouses 2021: $103K, 685 salesHouses 2022: $116K, 666 salesHouses 2023: $132K, 570 salesHouses 2024: $146K, 660 salesHouses 2025: $158K, 707 salesHouses last 12 months: $164K, 655 salesHouses $164KCondos 2013: $98K, 52 salesCondos 2014: $85K, 60 salesCondos 2015: $104K, 76 salesCondos 2016: $91K, 63 salesCondos 2017: $118K, 68 salesCondos 2018: $117K, 67 salesCondos 2019: $118K, 71 salesCondos 2020: $113K, 54 salesCondos 2021: $152K, 47 salesCondos 2022: $153K, 43 salesCondos 2023: $178K, 55 salesCondos 2024: $172K, 56 salesCondos 2025: $195K, 52 salesCondos last 12 months: $178K, 66 salesCondos $178K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Ohio

Springfield ranks 265th of 305 busy Ohio markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Springfield is one of the state’s calmer markets.

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 $1,010 a month

Mortgage
Property tax
Insurance
Rent

Price: Springfield’s typical sale, last 12 months. Property tax at Springfield’s 1.2% (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

91

New listings in July

The month with the most choice. December has the fewest, about 48.

Best time to buy
1.2%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $162K home, about $1,970 a year.

Taxes vs. neighbors
C

Schools

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

Schools in Springfield
21 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; Northridge, Enon, Bethel Township, Holiday Valley and Yellow Springs 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
Springfield781$162K$12722%35
Northridge130$237K$17425%32
Yellow Springs56$393K$22213%91
Bethel Township45$208K$17118%57
Enon29$262K$16031%37
Green Meadows26$237K$15815%50
Holiday Valley21$269K$16533%39

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, OH?

781 homes sold in the year to May 2026 at a typical $162K, $127 a square foot. Houses sold for about $164K, condos for about $178K.

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

A seller’s market: 146 homes were for sale in May 2026 and 62 sold, about 2.4 months of supply. Buyers paid 97.2% of asking on average, and 33% of listings cut their price.

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.

How much are property taxes in Springfield?

About 1.2% of a home’s value a year. On a $162K home that’s near $1,970.

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).