Springfield —
Market Watch
Reviving · Cultural · Affordable
$153K
Median Home Price
34
Avg. Days on Market
$133
Price per Sq Ft
-4.2%
Year-over-Year Change
Market Analysis
Springfield's market tells a different story from the southern suburbs. Redfin's mid-year 2026 data put the median at $214,717, up 7.6% year over year with 34.3 days on market and 2.2 months of supply, driven by downtown revitalization, new cultural amenities, and investor interest. The most recent monthly median of $153,000 reflects a different (smaller) reporting window. Buyers have more options and more time than in tighter suburban markets, and the upside potential is significant, though the trajectory requires careful market knowledge.
Redfin's mid-year 2026 review (via Stacker/WHIO) reported a Springfield median sale price of $214,717 for the first half of 2026, up 7.6% year over year, with a median of 34.3 days on market and 2.2 months of supply; Redfin's most recent monthly figure was $153,000, down 4.2% year over year. The different figures reflect different reporting windows and area definitions. Growth reflects investor activity, downtown revitalization efforts, and buyers seeking affordability as prices rose in other suburbs.
Typical Home Styles & Price Ranges
Springfield's housing stock is among the most affordable in the greater Dayton area. The city features a wide range of options: historic Victorian and Craftsman homes near downtown, mid-century bungalows and ranches in established neighborhoods, and newer suburban developments on the outskirts. Many older homes offer genuine architectural character — original hardwood floors, detailed woodwork, and spacious lots — at price points that are accessible to first-time buyers and investors alike.
Typical price range: $45,000 – $250,000
Key Market Indicators
Buyer Takeaways
What the Springfield market means if you're looking to buy:
Seller Takeaways
What the Springfield market means if you're looking to sell:
Springfield vs. Dayton Metro Average
| Metric | Springfield | Dayton Metro Avg. |
|---|---|---|
| Median Price | $153K | $271,500 |
| Days on Market | 34 days | 31 days |
| Price per Sq Ft | $133 | $137 |
| YoY Price Change | -4.2% | +7.8% |
| Months of Inventory | 2.2 months | 2.3 months |
* Metro average data reflects the combined Dayton-Springfield-Kettering MSA, September 2026 (Dayton REALTORS). Individual neighborhood data compiled from county records and MLS activity, with reporting periods noted per metric.
Want to learn more about Springfield beyond the numbers? Explore the full Springfield neighborhood guide →
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Data tells part of the story — a knowledgeable local agent fills in the rest. Whether you're buying or selling in Springfield, we'll give you the real picture.