ZIP 62707 · Springfield, IL

Springfield, IL

Monthly housing intelligence for ZIP 62707, Springfield, IL. As of the latest 2026 data.

Median Listing

$186,950
-4.1% YoY

Active Listings

6
-33.3% YoY

Days on Market

15
-48.3% YoY

Price Reduced

7.3%
-8.1% YoY

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Market Analysis

ZIP 62707 market outlook.

Median listing prices in ZIP 62707 are $186,950 with 6 active listings and a typical 15-day time on market.

Historical Analysis

Market Trends

Median Price

$187K-32.6% MoM

Active Inventory

6-33.3% YoY

Days on Market

15-48.3% YoY

Pending Ratio

1.83+72.2% YoY

Sold Score™ Over Time

Market liquidity index • 5 months

Apr 26Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Dec 25Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Dec 25Feb 26Mar 26May 26Jun 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Additional Metrics

New listings

12

YoY +50.0%

Pending listings

11

Pending ratio 1.83 (pending ÷ active)

Active listings

6

Total − pending

Median $ / sqft

$151

YoY +13.4%

Median sqft

1,900

Average listing price

$207,313

YoY -17.4%

Total listings

17

Active + pending

Recommended For This Market

Seller's Market

Selling in Springfield, IL (62707)? Homes here are taking 14 days less to sell than last year.

Demand in Springfield, IL (62707) is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
183%
Median Days on Market
15 days
Inventory YoY
−33%

Demand is strong in Springfield, IL (62707). Check your Sold Score before you price — conditions this favorable don't hold forever.

See how fast my home should sell

Prefer the data first? Get the monthly Springfield, IL (62707) briefing and watch the market before you list.

How the Sold Score works →

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How these recommendations are chosen →

The Monthly Briefing

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Nearby ZIPs

Recent history

MonthMedian priceActiveDOMPending ratio
August 2026$186,9506151.83
July 2026$277,4003484.67
June 2026$351,2003403.33
May 2026$249,9006171.33
April 2026$393,2503693.00
March 2026$219,00041042.14
February 2026$232,2507840.64
January 2026$225,0006650.83
December 2025$231,9508461.00
← Back to Springfield, IL market overview

About this ZIP report

1. Housing Market Intelligence

We analyze inventory, pending contracts, days on market, and price pressure across U.S. metros and ZIPs — refreshed continuously.

2. Sold Score™

That intelligence is distilled into a single, address-level answer to the question owners actually ask: will my home sell?

3. Local Market Experts

When you're ready to act, we connect you with a vetted local agent who knows the conditions behind your score.

Why trust PrimptedIndependent — not a brokerage, not selling listings.Data across every U.S. metro & ZIP, refreshed regularly.Full methodology