Market report, updated

Springfield Home Values and Market Report

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Report prepared by Rosietherealtormi.com Khoury Real Estate LLC.

Market at a glance

Over the last 12 months, homes sold for 96.3% of list price in 46 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $164K Sold · $160K
$460K$340K$220K$100K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 6 sales in Jan. Last month: 2.

Where the market stands

All homes in this report, by status.

57homes
Active17 · 30%
Under contract4 · 7%
Sold (12 mo)36 · 63%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

6.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$302K
Under contract$150K
Sold$169K

Average days on market

Active310 days
Under contract19 days
Sold46 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 17
Average list price $302,288
Avg. days on market 310 days
Avg. price per ft² Not enough data
Avg. living area Not enough data
Avg. beds / baths Not enough data

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

Not enough data to chart this.

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Not enough data to chart this.

Highest price per ft²

Top 4 homes in this status.

210 N 16th Street N$184
237 24th Street N$129
850 Upton Avenue$93
1267 Avenue A Unit Unit 133$52

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1583 W Dickman RoadSpringfield, MI 49037 —2—$1,390,000—209 days
2100 W Dickman Road WSpringfield, MI 49037 —1—$700,000—82 days
1600 Avenue ASpringfield, MI 49037 ———$699,000—35 days
2869 W Dickman RoadSpringfield, MI 49037 —1—$415,000—5 days
9580 Dixie HighwaySpringfield, MI 48348 ———$350,000—355 days
708 Upton AvenueSpringfield, MI 49037 —1—$275,000—34 days
4546 W Dickman RoadSpringfield, MI 49037 ———$250,000—356 days
290 N 30th StreetSpringfield, MI 49037 —2—$208,000—27 days
850 Upton AvenueSpringfield, MI 49037 422,184$205,000$9329 days
237 24th Street NSpringfield, MI 49037 421,471$190,000$12954 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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