Market report, updated

Springfield Home Values and Market Report

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The TN Home Team brokered by eXp Realty logo
Report prepared by www.tnhomeco.com The TN Home Team brokered by eXp Realty

Market at a glance

Over the last 12 months, homes sold for 102.1% of list price in 85 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $401K Sold · $395K
$470K$410K$350K$290K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 60 sales in Aug. Last month: 37.

Where the market stands

All homes in this report, by status.

730homes
Active245 · 34%
Under contract46 · 6%
Sold (12 mo)439 · 60%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

5.8months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$641K
Under contract$552K
Sold$386K

Average days on market

Active111 days
Under contract106 days
Sold85 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 245
Average list price $640,589 Based on 240 of 245 homes
Avg. days on market 111 days
Avg. price per ft² $255 Based on 153 of 245 homes
Avg. living area 2,039 ft² Based on 156 of 245 homes
Avg. beds / baths 3.1 / 2.5

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

92 homes didn’t report living area and aren’t shown.

3 homes are larger or pricier than this chart’s scale and aren’t shown.

$1.5M$1M$500K$0

Price vs. living area: 150 homes plotted, up to $1.5M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

91 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

721 17th Ave W$1,752
304 20th Ave E$1,580
1508 S Main St$1,107
1074 Pair Six Dr$631
5522 Courtland Rd$419
3721 S Hyde Rd$373
2060 Beverly Ct$369

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
807 King DrSpringfield, TN 37172 3—900$139,900$1551 day
5225 Ezbon Holland RdSpringfield, TN 37172 321,616$399,000$2461 day
448 Berry CirSpringfield, TN 37172 331,871$324,999$1731 day
2000 Cherokee TrlSpringfield, TN 37172 321,532$459,900$3005 days
756 Hunters Crossing LnSpringfield, TN 37172 321,431$334,900$2344 days
6539 Lamont RdSpringfield, TN 37172 442,540$550,000$2165 days
17845 Hwy 76 ESpringfield, TN 37172 433,259$715,000$2196 days
943 Hunters LnSpringfield, TN 37172 321,783$508,161$2857 days
5963 Wayman Dunn RdSpringfield, TN 37172 321,900$329,900$1737 days
4089 Woodard RdSpringfield, TN 37172 212,432——8 days
The TN Home Team brokered by eXp Realty logo

Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

www.tnhomeco.com The TN Home Team brokered by eXp Realty

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.