The Unshakable Investor

Unshakable ZIP Data 62707 | Springfield, IL Housing Market

Springfield · Sangamon County · Springfield, IL metro · Illinois · Data updated June 19, 2026

The median sale price in ZIP 62707, Springfield, Illinois is $187,444 at $132 per square foot. 19 single-family homes sold in the latest period, down 7.3 percent from a year earlier. Homes sit a median of 11 days on market with 0.7 months of supply. Sellers are getting 100.0 percent of list price and 33.3 percent of homes sold above asking.

Seller's market. No room for sloppy offers.

Value anchors

MetricValueYear over year
Average single-family value$232,835
Average price per sq ft$164
Median sale price$187,444
Median sale price per sq ft$132
Median home size1,417 sq ft
Median new listing price$227,059+7.4%
National size rank9,818

Sales activity

MetricValueYear over year
Homes sold19-7.3%
Median days on market11 days
Months of supply0.7 months
New listings19-25.8%
Active listings25-23.3%
Pending sales17-28.2%

Pricing power

MetricValueYear over year
Average sale-to-list ratio100.0%-3.7 pts
Share sold above list33.3%-16.7 pts

These figures describe the single-family market for Springfield, Illinois ZIP 62707. They are market context, not a substitute for sold comps or a formal appraisal.