45502 Home Values & Market Trends
There are 16 homes currently listed for 45502. 45502 real estate market trends show that home prices range from $99,900 to $589,900, and the median sales price in the 45502 zip code is $272,519.24. The total number of properties sold within the past twelve months is 273. In 45502, 3 properties are in foreclosure, 1 are bank owned properties,and 2 are headed for auction.
45502 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Springfield | $ 145,878 $ 123/sqft |
Housing Market Summary for 45502
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $309.9K | $267K | -13.86% |
| Median Sold Price | $257.8K | $267K | 3.56% |
| Homes For Sale | 8 | 18 | 125.00% |
| Homes Sold | 176 | 157 | -10.80% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 45502
Browse Homes in 45502
The median list price of a home in Springfield, is $272,519.24. A total of 16 properties are for sale, and the percentage of properties for sale in the zip code is 16.00%. The total count of 45502 properties is 5,536.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 45502 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 45502; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 45502 ranges from the highest value of $213,324 in springfield to the lowest value of $39,025 in springfield. Bank owned homes and properties account for 0.02% of properties in 45502. There is 1 cities within 45502; springfield containing 9 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsspringfield has 15 auction properties, the highest number of properties going to auction in a single city in the state of 45502. Auction homes and other auction properties account for 0.04% of all properties in 45502. There is 1 cities within 45502; of that cities, the median estimated home value for homes going to auction ranges from $282,754 in springfield to the lowest value of $52,251 in springfield.
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Guide for 45502
Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.
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