House Prices

House Prices & Home Values Springfield, IL 2026


Average Data

average house price$182,210
average size per house2034 ft²
average price per ft²90 $ / ft²

01/24/2026 - The value range (VR) for house prices in Springfield, IL is $36/ sqft to $125/ sqft. An average home with 2034 sqft costs approximately $73,224 to $254,250. Springfield, IL includes 7 ZIP codes and it is located in Sangamon county. The lowest prices are found in ZIP 62701, while the highest are in ZIP 62711. The average price per sqare feet is $90. Our analysis is based on 77 property listings.

Avergage prices by ZIP codes Springfield

6270134 $ / ft²
6270274 $ / ft²
6270344 $ / ft²
6270481 $ / ft²
6270781 $ / ft²
62711132 $ / ft²
62712101 $ / ft²




Historical development of home values in Springfield

Year Estimated value (USD) Change vs. 2025
2010 $84,622 -53.6%
2011 $81,349 -55.4%
2012 $81,130 -55.5%
2013 $84,163 -53.8%
2014 $88,348 -51.5%
2015 $92,882 -49.0%
2016 $97,729 -46.4%
2017 $103,004 -43.5%
2018 $108,699 -40.3%
2019 $113,739 -37.6%
2020 $119,619 -34.4%
2021 $136,053 -25.3%
2022 $158,608 -13.0%
2023 $167,259 -8.2%
2024 $176,935 -2.9%
2025 $182,210 0.0%

Graph: estimated home values in Springfield over time (USD)



Example: 100% financing house in Springfield

Loan amount: $182,210

Interest rate: 6.00%

Fixed monthly payment: $1,092.44

Breakdown in the 1st month:
Interest portion: $911.05  –  Principal portion: $181.39

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $10,871.73 $2,237.56 $179,972.44
2 $10,733.72 $2,375.57 $177,596.87
3 $10,587.20 $2,522.09 $175,074.78
4 $10,431.65 $2,677.64 $172,397.14
5 $10,266.50 $2,842.80 $169,554.34
6 $10,091.16 $3,018.13 $166,536.21
7 $9,905.01 $3,204.29 $163,331.93
8 $9,707.37 $3,401.92 $159,930.01
9 $9,497.55 $3,611.74 $156,318.27
10 $9,274.79 $3,834.51 $152,483.76
11 $9,038.28 $4,071.01 $148,412.75
12 $8,787.19 $4,322.10 $144,090.65
13 $8,520.61 $4,588.68 $139,501.97
14 $8,237.59 $4,871.70 $134,630.27
15 $7,937.12 $5,172.17 $129,458.10
16 $7,618.11 $5,491.18 $123,966.92
17 $7,279.43 $5,829.87 $118,137.05
18 $6,919.85 $6,189.44 $111,947.61
19 $6,538.10 $6,571.19 $105,376.42
20 $6,132.81 $6,976.49 $98,399.93
21 $5,702.51 $7,406.78 $90,993.15
22 $5,245.68 $7,863.62 $83,129.54
23 $4,760.67 $8,348.63 $74,780.91
24 $4,245.74 $8,863.55 $65,917.36
25 $3,699.06 $9,410.24 $56,507.12
26 $3,118.65 $9,990.64 $46,516.49
27 $2,502.45 $10,606.84 $35,909.65
28 $1,848.25 $11,261.05 $24,648.60
29 $1,153.69 $11,955.60 $12,693.00
30 $416.29 $12,693.00 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Springfield, IL


1500 sqft3900 sqft
Ø selling price$163,350$347,490
Ø fast selling$148,500$312,741
Ø high price sale$178,200$382,240

In 2026, houses in Springfield, IL will be offered at an average price of $90 per square foot. A 1,500 sqft home priced at $163,350 is 21.37% more expensive per square foot than a 3,900 sqft home priced at $347,490. Home prices in Springfield, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $240,571. Sellers who can wait longer may achieve a higher price of up to $294,030.


Springfield, IL: Capital City Travel & Attractions

History & Lincoln Heritage

Springfield, IL is the capital of Illinois and a welcoming Midwestern destination known for its deep Abraham Lincoln legacy.
Visitors explore the Lincoln Home National Historic Site, the Old State Capitol, and the moving Lincoln Tomb at Oak Ridge Cemetery. The acclaimed Abraham Lincoln Presidential Library and Museum pairs immersive exhibits with scholarly resources that bring history to life.

Attractions & Events

Beyond Lincoln, Springfield offers family-friendly attractions like the Illinois State Museum, kid-friendly parks, and scenic Lake Springfield.
Food lovers enjoy classic diners on historic Route 66, farm-to-table restaurants, and the local favorite horseshoe sandwich. Annual events such as the Illinois State Fair and downtown festivals add live music, arts, and regional flavor to the city calendar.

Lifestyle, Outdoors & Access

Outdoor enthusiasts kayak and fish on Lake Springfield, cycle the Interurban Trail, and stroll through the Washington Park Botanical Garden.
As a government and healthcare hub, Springfield features steady employment, reputable hospitals, and strong higher education options. The compact, walkable downtown mixes historic architecture with modern hotels, boutiques, and venues ideal for meetings and weekend getaways. Centrally located with convenient highways and the Abraham Lincoln Capital Airport, Springfield, Illinois makes travel easy for business and leisure.



FAQ – Home Values in Springfield

What is the median home value in Springfield in 2026?

In 2026, the typical home value in Springfield is about $182,210 for an average home size of 2034 square feet. This corresponds to an average price of roughly $90 per square foot.

What is the average cost per square foot in Springfield?

In 2026, homes in Springfield sell for an average of around $90 per square foot, with a typical range between $36 and $125 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Springfield is about 2034 square feet, with an estimated 2026 value around $182,210.



Locations close to Springfield, IL

Centralia, IL64 $ / ft²
Hoyleton, IL57 $ / ft²
Albion, IL38 $ / ft²
Woodson, IL90 $ / ft²
Winchester, IL58 $ / ft²
Williamsville, IL91 $ / ft²
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