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Foreclosure Homes in Springfield, OH

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Springfield, OH Foreclosures

Current Market Conditions in in Springfield, OH As of February 2026?
Over the past month, Springfield's real estate market has experienced a slight uptick in home prices, with an average increase of around 3%. This increase can be attributed to a scarcity of available homes for sale, which has heightened competition among buyers. With favorable interest rates still available, many prospective homeowners are eager to purchase before prices rise further. The number of active listings remains low, leading to multiple offers on some homes, highlighting the urgency for buyers.
How much do homes sell for in Springfield, OH?
The average home price is currently $218,415.
In Springfield, OH, how many homes are available?
There are currently 185 active home listings available in Springfield.
What’s the average rental cost in Springfield, OH?
The average rental price in Springfield is $1,135.
What is the most expensive home in Springfield?
The most expensive home sold in Springfield had a price of $21,993,112.
What is currently the cheapest priced home in Springfield, OH?
The cheapest home for sale in Springfield is priced at $10,138.

Living in Springfield, OH

Springfield, Ohio is a charming city with a blend of urban amenities and suburban comfort. Residents enjoy access to parks, shopping centers, and quality schools. The community is engaged and offers various activities and events throughout the year.

Buyer vs Seller Market in Springfield, OH

The real estate market in Springfield has shown consistent growth due to its affordability and quality of life. Currently, homes are selling at competitive prices, while new developments are emerging, making it a favorable market for both buyers and investors. Interest rates have influenced buying trends, yet demand remains stable due to the city's attractive features.

Home prices in Springfield range widely, appealing to first-time buyers and those looking for more luxurious properties. The neighborhood's charm continues to attract new residents, leading to a steady turnover and investment opportunities.

Home Value Estimator For Springfield, OH

There are currently 38,467 real estate properties in Springfield, OH, with a median automated valuation model (AVM) price of $177,984.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Springfield, OH, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Springfield, OH, is $218,415.00, with the most expensive house in Springfield, OH, topping out at $21,993,112.00 and the cheapest home in Springfield, OH, clocking in at $10,138.00. In other words, there’s something for every potential homebuyer or savvy investor in Springfield, OH!

Rent Prices In Springfield, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Springfield, OH, is on a rollercoaster ride. The average rent price in Springfield, OH, is $1,135.00. Indeed, when looking to rent in Springfield, OH, you can expect to pay as little as $440.00 or as much as $2,480.00, with the average rent median estimated to be $1,110.00. The good news is that finding an affordable and desirable property to rent in Springfield, OH -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Springfield, OH Foreclosures

Market Trend for Springfield, OH

Total Listings Available: 185

Market Values:

Home Prices from $10,138 to $21,993,112

Average Sales Price: $218,415

Rental Values:

Rental from $440 to $2,480

Average Rent Value: $1,135 / month

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