$1,842
- 2 bd
- 2 ba
- 1,194 sqft
8 S Old State Capitol Plz #Id1031837p
Specific data for this location is not currently available. The data shown is for the surrounding area.
Springfield, IL Housing Market
$168,844
6.4% 1-yrThe average Springfield, IL home value is $168,844, up 6.4% over the past year, and homes go to pending in around 6 days. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Springfield Key Takeaways
Typical Home Values: $168,844
1-Year Value Change: +6.4%
(Data through October 31, 2026)
Springfield Housing Market Overview
1-Year Market Forecast: --
For Sale Inventory: 346 ()
New Listings: 167 ()
Median Sale to List Ratio: 0.998 ()
Median Sale Price: $172,500 ()
Median List Price: $171,117 ()
Percent of Sales Over List Price: 45.9% ()
Percent of Sales Under List Price: 40.4% ()
Median Days to Pending: 6 ()
(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Enos Park$81,418
- Old Aristocracy Hill$83,553
- Vinegar Hill$104,095
- Pillsbury$41,809
- Oak Ridge$85,927
- Lincoln Park$110,700
- Historic West Side$139,333
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An equal housing lender. NMLS #10287.
Springfield Rental Market Trends
Average Rent: $1,199 ()
National Average Rent: $1,913 ()
Month-Over-Month Change: 0.2% ()
Year-Over-Year Change: 4.4% ()
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Springfield, IL?
The median home value in Springfield, IL is $168,844 as of October 2026. This represents a 0.4% increase compared to last month and a 6.4% increase year-over-year.
How have home values changed in Springfield, IL?
Home values in Springfield, IL have increased by 0.4% month-over-month and 6.4% year-over-year.
How do home values in Springfield, IL compare to Sangamon County, Illinois, and the national average?
The median home value in Springfield, IL ($168,844) compares to: Sangamon County ($195,759), Illinois ($295,631), and the U.S. national median ($364,288).
