Photo: TNHistory1796 · CC BY-SA 4.0217 homes sold in Springfield in the last year, at a typical $314K
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 94% of Springfield’s sales, at a typical $313K
217 homes sold in the year to May 2026.
typical sale · 203 sold in 12 months
- Per square foot
- $210TN $209
- Days to sell
- 62
- Sold over asking
- 13%
- Listings with a price cut
- 23%
Multi-family (2–4 units): 5 sold, typical $312K
Townhouses: 4 sold, typical $376K
Condos: 5 sold, typical $232K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at twice the 2016 price
217 sales in the last year, against 379 in 2019 and a low of 211 in 2024. The typical sale went from $147K in 2016 to $314K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $300K 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 rarer than before the pandemic, with about as many homes for sale
We read every month of Springfield’s home sales since 2013 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, 217 sales.
If you’re buying in Springfield
- Shop in May. It brings about 37 new listings a month, close to the busiest month, with fewer bidding wars (20% over asking).
- You can negotiate. 22% of listings have cut their price, against 13% before the pandemic.
- Offer under asking. Buyers paid 96.9% of the list price on average; 12% paid over.
- You’ll usually have time. Only 26% of homes go under contract within two weeks; the typical one takes 63 days.
Spring brings the homes; summer brings the bidding wars
May has the most new listings (about 37 a month), but June is the most competitive: 29% of June sales close over asking. May has the least competition (20%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Tennessee as a whole
| Springfield now | 2017–19 | 2021 peak | TN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 12% | 23% | 38% | 14% |
| Gone within two weeksShare of homes under contract within 14 days | 26% | 48% | 62% | 27% |
| Listings with a price cutShare of homes for sale that cut their price | 22% | 13% | 14% | 25% |
| Price paid vs. askingAverage sale price ÷ list price | 96.9% | 98.4% | 99.7% | 97.3% |
| Days to sellMedian days from listing to contract | 63 | 77 | 39 | 70 |
95 homes for sale on a typical day
That’s 1.9 times the 2021 low (50), about the 2017–19 level and well under 2013’s 137.
1 in 5 listings has cut its price
22% in the last year, against 13% in 2017–19 and 25% across Tennessee. More sellers are pricing high and coming down.
Since 2019, houses are up 87%, condos 35%
A house typically sold for $313K in the last year (203 sales), a condo for $232K (5).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Springfield ranks 77th of 108 busy Tennessee 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 2013 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Springfield home costs about $1,772 a month
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.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 19.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $314K home, about $1,610 a year.
Taxes vs. neighborsSchools
The schools grade for Springfield, from test results, graduation and how much students grow.
Schools in SpringfieldTypical 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.
Pleasant View sells 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.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| White House | 609 | $386K | $204 | 14% | 80 |
| Springfield | 217 | $314K | $210 | 12% | 63 |
| Pleasant View | 172 | $424K | $201 | 10% | 90 |
| Greenbrier | 107 | $363K | $231 | 13% | 81 |
| Millersville | 90 | $358K | $220 | 14% | 70 |
| Coopertown | 65 | $474K | $204 | 12% | 66 |
| Ridgetop | 25 | $507K | $232 | 16% | 119 |
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.
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, TN?
217 homes sold in the year to May 2026 at a typical $314K, $210 a square foot.
Is Springfield a buyer’s or seller’s market?
A buyer’s market: 124 homes were for sale in May 2026 and 13 sold, about 9.5 months of supply. Buyers paid 96.9% of asking on average, and 22% 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 0.5% of a home’s value a year. On a $314K home that’s near $1,610.
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).