Springfield, IL 62703 Real Estate & Property Data

Springfield, IL 62703 Real Estate Market Trends
Last Updated: April 16, 2024

A total of 570 residential properties have been sold over the past 12 months in 62703. With a median sales price of $126,250 in 62703 and a total of 1 foreclosures in Springfield, IL 62703. Discover market trends and get the granular level real estate data for Springfield, IL 62703 to keep your pulse on the housing market. Curate compelling home reports for Springfield, IL 62703 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Springfield, IL 62703 Real Estate Market Trends
Total Residential Properties 10,617
Total Commercial Properties 1,992
Avg. Home Age (Single Family Home) N/A
Avg. Square Feet (Single Family Home) N/A
Total 2024 Residential Sales (year-to-date) 66
% of Homes Seriously Underwater (Q2 2024) 2.12%
Total 2023 Residential Sales 537
% of Equity Rich Homes (Q2 2024) 21.2%
Effective 2023 Property Tax 1.96%
Total Foreclosure Filings (year-to-date) 1
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Springfield, IL 62703 Real Estate Overview

There were 570 residential properties sold in the past year in Springfield, IL 62703. The median home value in Springfield, IL 62703 is $87,572. There are a total of 10,617 residential properties in the 62703.

Median Sales Price i
$126,250
(Feb 2024)
+18%
year-over-year
y-o-y
  • February '24 Feb '24 $126,250
  • January '24 Jan '24 $109,250
  • December '23 Dec '23 $137,500
  • November '23 Nov '23 $113,000
  • October '23 Oct '23 $90,500
  • September '23 Sep '23 $117,000
  • August '23 Aug '23 $115,000
  • July '23 Jul '23 $126,750
  • June '23 Jun '23 $100,000
  • May '23 May '23 $97,500
  • April '23 Apr '23 $92,000
  • March '23 Mar '23 $84,000
Median Down Payment i
$7,950
(Feb 2024)
-10.9%
year-over-year
y-o-y
  • February '24 Feb '24 $7,950
  • January '24 Jan '24 $8,000
  • December '23 Dec '23 $28,000
  • November '23 Nov '23 $10,000
  • October '23 Oct '23 $10,000
  • September '23 Sep '23 $12,400
  • August '23 Aug '23 $13,800
  • July '23 Jul '23 $10,975
  • June '23 Jun '23 $14,890
  • May '23 May '23 $6,300
  • April '23 Apr '23 $8,893
  • March '23 Mar '23 $8,600
Number of Homes Sold i
30
(Feb 2024)
-11.8%
year-over-year
y-o-y
  • February '24 Feb '24 30
  • January '24 Jan '24 36
  • December '23 Dec '23 46
  • November '23 Nov '23 35
  • October '23 Oct '23 58
  • September '23 Sep '23 53
  • August '23 Aug '23 52
  • July '23 Jul '23 35
  • June '23 Jun '23 49
  • May '23 May '23 69
  • April '23 Apr '23 43
  • March '23 Mar '23 30
Number of Purchase Loans i
25
(Feb 2024)
-3.8%
year-over-year
y-o-y
  • February '24 Feb '24 25
  • January '24 Jan '24 32
  • December '23 Dec '23 26
  • November '23 Nov '23 24
  • October '23 Oct '23 32
  • September '23 Sep '23 45
  • August '23 Aug '23 42
  • July '23 Jul '23 43
  • June '23 Jun '23 57
  • May '23 May '23 50
  • April '23 Apr '23 38
  • March '23 Mar '23 39
Number of REFI Loans i
19
(Feb 2024)
+137.5%
year-over-year
y-o-y
  • February '24 Feb '24 19
  • January '24 Jan '24 11
  • December '23 Dec '23 10
  • November '23 Nov '23 14
  • October '23 Oct '23 13
  • September '23 Sep '23 26
  • August '23 Aug '23 23
  • July '23 Jul '23 18
  • June '23 Jun '23 11
  • May '23 May '23 28
  • April '23 Apr '23 11
  • March '23 Mar '23 13
Number of HELOC Loans i
18
(Feb 2024)
+125%
year-over-year
y-o-y
  • February '24 Feb '24 18
  • January '24 Jan '24 6
  • December '23 Dec '23 12
  • November '23 Nov '23 14
  • October '23 Oct '23 16
  • September '23 Sep '23 17
  • August '23 Aug '23 17
  • July '23 Jul '23 18
  • June '23 Jun '23 20
  • May '23 May '23 9
  • April '23 Apr '23 10
  • March '23 Mar '23 17

Springfield, IL 62703 Foreclosure Activity

There were a total of 1 Springfield, IL 62703 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
1
(Feb 2024)
-80%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 3
  • November '23 Nov '23 N/A
  • October '23 Oct '23 4
  • September '23 Sep '23 1
  • August '23 Aug '23 2
  • July '23 Jul '23 9
  • June '23 Jun '23 N/A
  • May '23 May '23 3
  • April '23 Apr '23 3
  • March '23 Mar '23 7
Completed Foreclosures (REOs) i
1
(Feb 2024)
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 2
  • November '23 Nov '23 1
  • October '23 Oct '23 3
  • September '23 Sep '23 1
  • August '23 Aug '23 2
  • July '23 Jul '23 2
  • June '23 Jun '23 N/A
  • May '23 May '23 2
  • April '23 Apr '23 1
  • March '23 Mar '23 N/A
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