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Foreclosures in Springfield, OH 45504

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Springfield, OH Foreclosures

Current Market Conditions in in Springfield, OH As of April 2026?
Over the past month, Springfield's real estate market has seen a slight uptick in home sales, following a seasonal trend as families prepare for summer moves. Sales prices have remained stable, while the number of new listings has increased, providing potential homebuyers with more options. Interest rates remain a factor to watch, as they influence buyer activity. Nevertheless, the general sentiment in Springfield is positive, with many buyers eager to invest in the community and its amenities.
How much do homes sell for in Springfield, OH?
The average home price is currently $220,247.
In Springfield, OH, how many homes are available?
There are currently 1 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 $21,980,920.
What is currently the cheapest priced home in Springfield, OH?
The cheapest home for sale in Springfield is priced at $10,065.

Living in Springfield, OH

Springfield, OH, is a charming city that combines rich history with a strong sense of community. It offers a variety of outdoor recreational activities, vibrant downtown atmosphere, and accessible educational institutions. The city presents an appealing environment for families, professionals, and retirees.

Buyer vs Seller Market in Springfield, OH

The real estate market in Springfield, OH, has shown promising growth over the past year. Home prices have steadily increased, driven by a surge in demand from first-time homebuyers and those looking for affordable options compared to larger metropolitan areas.

Additionally, inventory levels are beginning to normalize after a period of low supply, which is good news for prospective buyers. Neighborhoods around the city center have gained popularity, offering a dynamic mix of urban and suburban living.

Home Value Estimator For Springfield, OH

There are currently 38,499 real estate properties in Springfield, OH, with a median automated valuation model (AVM) price of $178,451.00. 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 $220,247.00, with the most expensive house in Springfield, OH, topping out at $21,980,920.00 and the cheapest home in Springfield, OH, clocking in at $10,065.00. 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 45504 Foreclosures

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