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Foreclosure Homes in Springfield, PA

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Springfield, PA Foreclosures

Current Market Conditions in in Springfield, PA As of April 2026?
Over the past month, the real estate market in Springfield has continued to show signs of growth, with home prices seeing an increase of around 5% compared to the previous month. Inventory remains lower than average, which has led to more competitive conditions, particularly for homes in the $300,000 to $500,000 range. Buyers are encouraged to act quickly in this vibrant market as properties are often receiving multiple offers soon after listing.
How much do homes sell for in Springfield, PA?
The average home price is currently $533,319.
In Springfield, PA, how many homes are available?
There are currently 28 active home listings available in Springfield.
What’s the average rental cost in Springfield, PA?
The average rental price in Springfield is $2,011.
What is the most expensive home in Springfield?
The most expensive home sold in Springfield had a price of $35,081,016.
What is currently the cheapest priced home in Springfield, PA?
The cheapest home for sale in Springfield is priced at $11,480.

Living in Springfield, PA

Springfield, PA, is a delightful suburban community that combines the charm of small-town living with close proximity to Philadelphia. The area is family-friendly with top-rated schools, parks, and ample shopping options. Its convenient access to public transportation and major highways allows residents to enjoy both suburban tranquility and urban adventures.

Buyer vs Seller Market in Springfield, PA

The real estate market in Springfield, PA, is currently favorable for homebuyers, with an upward trend in housing prices due to rising demand and limited inventory. The charming, family-oriented community draws in buyers looking for a suburban lifestyle close to Philadelphia, resulting in competitive bidding in desirable neighborhoods.

Springfield's market has seen consistent growth over the past year, with many homes selling quickly. The demand for single-family homes remains strong, with first-time buyers and families seeking spacious properties in well-established neighborhoods.

Home Value Estimator For Springfield, PA

There are currently 8,710 real estate properties in Springfield, PA, with a median automated valuation model (AVM) price of $485,740.00. 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, PA, 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, PA, is $533,319.00, with the most expensive house in Springfield, PA, topping out at $35,081,016.00 and the cheapest home in Springfield, PA, clocking in at $11,480.00. In other words, there’s something for every potential homebuyer or savvy investor in Springfield, PA!

Rent Prices In Springfield, PA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Springfield, PA, is on a rollercoaster ride. The average rent price in Springfield, PA, is $2,011.00. Indeed, when looking to rent in Springfield, PA, you can expect to pay as little as $1,250.00 or as much as $3,580.00, with the average rent median estimated to be $1,980.00. The good news is that finding an affordable and desirable property to rent in Springfield, PA -- 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, PA Foreclosures


Market Trend for Springfield, PA

Total Listings Available: 28

Market Values:

Home Prices from $11,480 to $35,081,016

Average Sales Price: $533,319

Rental Values:

Rental from $1,250 to $3,580

Average Rent Value: $2,011 / month

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