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Eugene and Springfield from Mount PisgahPhoto: Jsayre64 · CC BY-SA 3.0
Housing in Springfield

657 homes sold in Springfield in the last year, at a typical $435K

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
657
June 2025 to May 2026
Typical sale price
$435K
houses $436K · condos $237K
Price per square foot
$289
Oregon $295
Paid vs. asking
99.7%
30% sold over asking
For sale now
97
May 2026 · 53 sold that month
What sold · last 12 months

2% of Springfield’s sales are condos, at $200K less than a house

604 houses and 11 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$436K

typical sale · 604 sold in 12 months

Per square foot
$293OR $296
Days to sell
32
Sold over asking
30%
Listings with a price cut
31%
Condos$237K

typical sale · 11 sold in 12 months

Per square foot
$250OR $316
Days to sell
90
Sold over asking
9%
Listings with a price cut
42%
Fewer sales

Multi-family (2–4 units): 34 sold, typical $509K
Townhouses: 8 sold, typical $320K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at twice the 2016 price

657 sales in the last year, against 872 in 2018 and a low of 554 in 2012. The typical sale went from $207K in 2016 to $435K.

Homes soldTypical sale price
0225450675900$200K$300K$400K$500K2012: 554 sold, typical $142K’122013: 585 sold, typical $167K2014: 601 sold, typical $177K’142015: 798 sold, typical $190K2016: 840 sold, typical $207K’162017: 867 sold, typical $233K2018: 872 sold, typical $248K’182019: 782 sold, typical $266K2020: 788 sold, typical $309K’202021: 866 sold, typical $367K2022: 829 sold, typical $424K’222023: 618 sold, typical $413K2024: 669 sold, typical $426K’242025: 670 sold, typical $433KLast 12 months: 657 sold, typical $435KNow

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

What your budget buys

What $450K buys in Springfield

Houseat $293 a sq ft
Condoat $250 a sq ft
The same money in Oregonat $296 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, 657 sales.

If you’re buying in Springfield

  • Shop in August. It brings about 85 new listings a month, close to the busiest month, with fewer bidding wars (38% over asking).
  • Less room to haggle. Only 30% of listings cut their price, against 35% before the pandemic.
  • Bid near asking. Buyers paid 99.7% of the list price on average; 30% paid over.
  • You’ll usually have time. Only 39% of homes go under contract within two weeks; the typical one takes 31 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 92 a month), but April is the most competitive: 48% of April sales close over asking. August offers nearly as much choice with fewer homes bid up (38%). January has the least competition (32%).

New listings a monthShare sold over asking
023.847.571.39520%40%60%Sweet spotJan: 59 new listings a month, 32% sold over asking, 30 days to sellJFeb: 60 new listings a month, 37% sold over asking, 33 days to sellFMar: 77 new listings a month, 43% sold over asking, 21 days to sellMApr: 84 new listings a month, 48% sold over asking, 19 days to sellAMay: 92 new listings a month, 46% sold over asking, 11 days to sellMJun: 91 new listings a month, 45% sold over asking, 14 days to sellJJul: 88 new listings a month, 46% sold over asking, 15 days to sellJAug: 85 new listings a month, 38% sold over asking, 16 days to sellASep: 66 new listings a month, 42% sold over asking, 15 days to sellSOct: 66 new listings a month, 37% sold over asking, 23 days to sellONov: 51 new listings a month, 39% sold over asking, 27 days to sellNDec: 39 new listings a month, 38% sold over asking, 23 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Oregon

Springfield now2017–192021 peakOR now
Sold over askingShare of sales that closed above the list price30%42%60%24%
Gone within two weeksShare of homes under contract within 14 days39%53%73%31%
Listings with a price cutShare of homes for sale that cut their price30%35%25%30%
Price paid vs. askingAverage sale price ÷ list price99.7%100.3%103.2%98.8%
Days to sellMedian days from listing to contract3115746
Supply

117 homes for sale on a typical day

That’s twice the 2021 low (58), 38% more than in 2017–19 and well under 2014’s 204.

2012: 204 for sale’122013: 193 for sale2014: 204 for sale2015: 182 for sale’152016: 143 for sale2017: 91 for sale2018: 88 for sale’182019: 74 for sale2020: 71 for sale2021: 58 for sale’212022: 88 for sale2023: 80 for sale2024: 108 for sale’242025: 122 for saleLast 12 months: 117 for saleNow
Room to negotiate

1 in 3 listings has cut its price

30% in the last year, against 35% in 2017–19 and 30% across Oregon.

2015: 26%’152016: 25%2017: 36%2018: 34%’182019: 34%2020: 21%2021: 25%’212022: 29%2023: 38%2024: 34%’242025: 29%Last 12 months: 30%Now
Prices by type

Since 2019, houses are up 64%, condos 50%

A house typically sold for $436K in the last year (604 sales), a condo for $237K (11).

$125K$250K$375K$500K2013201520172019202120232025NowHouses 2013: $171K, 546 salesHouses 2014: $179K, 549 salesHouses 2015: $195K, 730 salesHouses 2016: $209K, 762 salesHouses 2017: $233K, 785 salesHouses 2018: $250K, 802 salesHouses 2019: $266K, 726 salesHouses 2020: $311K, 724 salesHouses 2021: $366K, 789 salesHouses 2022: $426K, 770 salesHouses 2023: $415K, 581 salesHouses 2024: $426K, 624 salesHouses 2025: $433K, 601 salesHouses last 12 months: $436K, 604 salesHouses $436KCondos 2013: $89K, 15 salesCondos 2014: $96K, 8 salesCondos 2015: $95K, 21 salesCondos 2016: $104K, 18 salesCondos 2017: $127K, 15 salesCondos 2018: $140K, 19 salesCondos 2019: $158K, 15 salesCondos 2020: $172K, 13 salesCondos 2021: $209K, 19 salesCondos 2022: $232K, 10 salesCondos 2023: $227K, 10 salesCondos 2024: $251K, 10 salesCondos 2025: $244K, 19 salesCondos last 12 months: $237K, 11 salesCondos $237K

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

Across Oregon

Springfield ranks 26th of 109 busy Oregon 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 hottest 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 $2,595 a month

Mortgage
Property tax
Insurance
Rent

Price: Springfield’s typical sale, last 12 months. Property tax at Springfield’s 0.9% (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

92

New listings in May

The month with the most choice. December has the fewest, about 39.

Best time to buy
0.9%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $435K home, about $3,910 a year.

Taxes vs. neighbors
C

Schools

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

Schools in Springfield
19 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

River Road, Junction City and Harrisburg sell for less a square foot

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
Eugene1,718$497K$30026%28
Springfield657$435K$28930%31
Santa Clara127$423K$30531%23
Junction City107$450K$27023%66
River Road80$425K$27939%27
Creswell59$448K$28827%32
Harrisburg33$400K$27836%62

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, OR?

657 homes sold in the year to May 2026 at a typical $435K, $289 a square foot. Houses sold for about $436K, condos for about $237K.

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

A seller’s market: 97 homes were for sale in May 2026 and 53 sold, about 1.8 months of supply. Buyers paid 99.7% of asking on average, and 30% of listings cut their price.

When is the best time to buy in Springfield?

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

How much are property taxes in Springfield?

About 0.9% of a home’s value a year. On a $435K home that’s near $3,910.

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).