Springfield, OH metro area Housing Market
Warm MarketComprehensive housing market data for the Springfield, OH metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$220K
↑ 17.0% YoY
Days on Market
31 days
↓ 43.6% YoY
Active Inventory
247
↓ 16.6% YoY
Homes Sold
139
↑ 8.6% YoY
Warm Market
The market is active with moderate buyer demand.
Springfield, OH metro area Market Summary
The Springfield, OH metro area housing market is heating up. As of March 2026, the median home sale price is $220K, up 17.0% year-over-year. Homes are spending a median of 31 days on the market, 43.6% shorter than a year ago.
There are 247 homes for sale — 16.6% fewer than last year. With 1.8 months of supply, this is a seller's market. 154 new listings were added during this period, up 1.3% year-over-year.
Homes are selling for 96.9% of their list price on average, suggesting room for negotiation. 20.9% of homes sell above their asking price. 35.2% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
62
Contributing Factors
How This Market Compares
vs. National Median
vs. Ohio Median
Investor Takeaway
A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 50% below the national median, which could indicate stronger cash flow potential.
Springfield, OH metro area Market Trends
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Detailed Market Metrics
Median List Price
$215K
Price per Sq Ft
$152
Sale-to-List Ratio
96.9%
Months of Supply
1.8
Sold Above List
20.9%
Price Drops
35.2%
New Listings
154
↑ 1.3% YoY
Pending Sales
190
Off Market in 2 Weeks
46.3%
Other Markets in Ohio
Columbus, OH metro area
$355K · 51d on market
Cincinnati, OH metro area
$310K · 45d on market
Cleveland, OH metro area
$240K · 32d on market
Dayton, OH metro area
$245K · 41d on market
Akron, OH metro area
$221K · 32d on market
Toledo, OH metro area
$220K · 48d on market
Youngstown, OH metro area
$188K · 60d on market
Canton, OH metro area
$220K · 33d on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.