Springfield —
Market Watch

Reviving · Cultural · Affordable

Data as of June 2026 — compiled from public sources including county recorder data, MLS listings, and market analytics.

$108K

Median Home Price

Avg. Days on Market

$55

Price per Sq Ft

+5.1%

Year-over-Year Change

Market Analysis

Springfield's market tells a different story from the southern suburbs. With a median of $108K and $55/sq ft, it's the most affordable area in our coverage — but it's also one of the most dynamic. The 5.1% YoY appreciation leads all 20 communities, driven by downtown revitalization, new cultural amenities, and investor interest. The 3.2 months of inventory is higher than most areas, giving buyers more options and more time. The key distinction: Springfield's growth is still in early stages, meaning the upside potential is significant but the trajectory requires careful market knowledge.

Springfield's median three years ago was approximately $88,000 — meaning the area has seen cumulative appreciation of roughly 23% over three years, making it one of the fastest-appreciating markets in the metro. This growth reflects a combination of investor activity, downtown revitalization efforts, and buyers seeking affordability as prices rose in other suburbs. While the percentage gains are impressive, the base prices remain low by metro standards.

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

Median Home Price $108,000

Avg. Days on Market 44 days

Price per Sq Ft $55

YoY Price Change +5.1%

Months of Inventory 3.2 months

Active Listings (avg.) ~60–90

Typical Home Size 1,200–2,500 sq ft

Walkability Moderate (Downtown)

Buyer Takeaways

What the Springfield market means if you're looking to buy:

Springfield is the most affordable entry point in the Dayton metro — ideal for first-time buyers and investors.

The 5.1% YoY appreciation signals genuine momentum — not just a low-price fluke.

Downtown revitalization is creating new value — properties near the cultural district are appreciating fastest.

At 3.2 months of inventory, you have more options and less pressure than in tighter suburban markets.

Older homes may need significant updates — factor renovation costs into your budget and timeline.

Seller Takeaways

What the Springfield market means if you're looking to sell:

Springfield's appreciation trend means your home is likely worth more than you think — get a current market analysis.

Investor buyers are active in Springfield — they move quickly on well-priced properties.

Downtown and near-downtown locations command the strongest prices — emphasize proximity in your listing.

Professional presentation matters more here than in higher-priced markets where buyers overlook condition.

The longer average DOM (44 days) means patience is required — but properly priced homes do sell.

Springfield vs. Dayton Metro Average

Metric	Springfield	Dayton Metro Avg.
Median Price	$108K	$250,000
Days on Market	44 days	38 days
Price per Sq Ft	$55	$142
YoY Price Change	+5.1%	+3.2%
Months of Inventory	3.2 months	2.4 months

* Metro average data reflects the combined Dayton-Springfield-Kettering MSA. Individual neighborhood data compiled from county records and MLS activity.

Want to learn more about Springfield beyond the numbers? Explore the full Springfield neighborhood guide →

Want the full picture? Talk to a Glasshouse agent.

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.

Talk to a Glasshouse Agent

Springfield — Market Watch