How much does it cost to buy a house in Springfield, IL?

In May 2026 Springfield homes were listed to buy for a median price of $220K, The median value of a home listed to buy in Springfield in May 2026 was $114 per sqft,

Is it affordable or expensive to buy real estate in Springfield, IL?

It is affordable to buy a house in Springfield. Buying a home in Springfield is 1% less expensive compared with the national average.

Is the Springfield, IL housing market slowing down?

In May 2026, homes for sale in Springfield spent a median of 28 days on the market, a same May 2025 last year.

What are the best and safest places to live in Springfield, IL?

The best and safest neighborhoods to live in Springfield in May 2026 are Lake Pointe, Springfield Lake Shore Improvement, Washington Knolls, Williams Boulevard, Piper Glen, West Koke Mill, Trevi Gardens, Twin Lakes, Oaks, Enos Park, Country Place, Westwood Forum, Glen Aire, Near South, Springfield South Corridor, Grand Central, Old Aristocracy Hill, Lincoln Park, Iles Park, Those Who Care With Integrity

How much money should I make to buy a house in Springfield, IL?

In May 2026, Springfield homes were listed to buy for a median price of $220K, with 25% down you would need $1.48K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $50.8K.

Matheny-Withrow Elementary School Zone Homes For Sale

5 Homes

1608 N 32nd St, Springfield, IL 62702

$60,000

2238 E Stuart St, Springfield, IL 62703

$59,900
2Bd
1Ba
672 Sq Ft

$5K

2128 E Capitol Ave, Springfield, IL 62703

$63,000
3Bd
1Ba
944 Sq Ft

1624 N 28th St, Springfield, IL 62702

$94,900
2Bd
1Ba
704 Sq Ft

$5K

2236 E Adams St, Springfield, IL 62703

$59,900
2Bd
1Ba
780 Sq Ft

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1 - 5 of 5 Homes for sale in Springfield, IL

Springfield, IL real estate market trends

Statistics as of May 2026

$189K

Avg. list price

$111/Sqft

Avg. price/sqft

347

Homes for sale

1,683 Sqft

Avg. home size

31 Days

Avg. days on market

Movoto makes it easy to track market trends in Springfield, IL. Whether you’re entering the market or planning your next move, understanding these key metrics can guide smart decisions. Looking for more detailed housing market stats in Springfield, IL?

Springfield Houses for Sale

Welcome to Springfield, the vibrant heart of Sangamon County, Illinois – a city famed for its rich history, bustling community life, and array of attractions. With 471 houses currently listed on Movoto, Springfield offers diverse opportunities for homebuyers looking for charm, convenience, and community.

Springfield is steeped in historical significance, being the home of the 16th President of the United States, Abraham Lincoln. From the majestic Lincoln Home National Historic Site to the tranquil Lincoln Memorial Garden, history enthusiasts will feel right at home. But Springfield is not just about the past; it's a thriving city with a median home listing price of $164,900 and a median price per square foot of $102, making it an affordable choice for families and young professionals alike.

The city offers an impressive educational landscape, with top-rated schools like Springfield High School and the University of Illinois at Springfield providing excellent education opportunities. The educational institutions here are famed for their robust programs and community involvement, making Springfield an ideal place to nurture growing minds.

With an average of just 31 days on the market, homes in Springfield are in demand. This fast-paced real estate environment reflects the area's appeal, and having seen a total of 102 properties sold in the last month alone, it's clear that many are keen to take advantage of what this city has to offer.

Springfield is not just a hub for academia and history; it's also a center for thriving businesses and job opportunities. Major employers like Memorial Health and Horace Mann ensure a robust job market for healthcare and insurance professionals, while the state government employs a significant portion of the city's workforce, given Springfield's status as the Illinois state capital.

Nature lovers will find an abundance of parks and recreational areas, including the expansive Washington Park, perfect for weekend picnics, or the scenic lake Springfield for boating and fishing. The city's weather offers a beautiful four-season experience, with warm summers bringing vibrant community events and crisp winters providing a picturesque backdrop to the holiday season.

Diverse neighborhoods each have their unique appeal; the historic district offers charming vintage homes, while modern developments provide the latest in smart home technology. Whatever your preference, Springfield's neighborhoods cater to a wide array of lifestyle needs.

Culturally, Springfield is buzzing with festivals, art exhibits, and music events that invite residents to celebrate and enjoy community life. The Old Capitol Art Fair, the Route 66 Festival, and the Springfield Oyster and Beer Festival are just a few events that bring together locals and visitors in a convivial appreciation of art, history, and good company.

In Springfield, a sense of community prevails, making it more than just a place to buy a home—it's a place to belong. With its rich tapestry of history, culture, and modern-day convenience, Springfield welcomes you to explore the potential of a new beginning in the heart of Illinois. So whether you're drawn by the competitive real estate market or the city's vibrant offerings, Springfield could be the perfect place for your next home.

Schools

See all Springfield, IL schools.

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Frequently Asked Questions about Real Estate in Springfield, IL

The Movoto Advantage

Movoto gives you access to up-to-the-minute information about real estate in Springfield. As a licensed brokerage in Illinois (and across the United States), Movoto has access to the latest real estate data including Springfield Homes for Sale, Springfield Single family for Sale, Springfield Multi family/Duplex for Sale, Springfield Land for Sale, Springfield New Listings for Sale, Springfield Rentals, Springfield Apartments for Rent, Springfield Single Family for Rent, Springfield Recently Sold Homes, Springfield Waterfront for Sale, Springfield Foreclosures for Sale.

Real Estate & Homes For Sale Nearby Springfield, IL

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