Market report, updated

Market Report

Search in the city of Springfield

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Report prepared by Nashvilleadvantage.com Nashville Advantage

Market at a glance

Over the last 6 months, homes sold for 97.5% of list price in 82 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $401K Sold · $395K
$470K$410K$350K$290K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 60 sales in Aug. Last month: 37.

Where the market stands

All homes in this report, by status.

544homes
Active252 · 46%
Under contract42 · 8%
Sold (6 mo)250 · 46%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

6.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$628K
Under contract$558K
Sold$396K

Average days on market

Active109 days
Under contract115 days
Sold82 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 252
Average list price $628,305
Avg. days on market 109 days
Avg. price per ft² $252
Avg. living area 2,070 ft²
Avg. beds / baths 3.1 / 2.5

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

90 homes didn’t report living area and aren’t shown.

3 homes are larger or pricier than this chart’s scale and aren’t shown.

$1.5M$1M$500K$0

Price vs. living area: 157 homes plotted, up to $1.5M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

90 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

721 17th Ave W$1,752
304 20th Ave E$1,580
1508 S Main St$1,107
1074 Pair Six Dr$631
5522 Courtland Rd$419
3721 S Hyde Rd$373
2060 Beverly Ct$369

All active listings (252)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
2000 Cherokee TrlSpringfield, TN 37172 321,532$459,900$3002 days
756 Hunters Crossing LnSpringfield, TN 37172 321,431$334,900$2341 day
6539 Lamont RdSpringfield, TN 37172 442,540$550,000$2162 days
17845 Hwy 76 ESpringfield, TN 37172 433,259$715,000$2193 days
943 Hunters LnSpringfield, TN 37172 321,783$508,161$2854 days
5963 Wayman Dunn RdSpringfield, TN 37172 321,900$349,900$1844 days
4089 Woodard RdSpringfield, TN 37172 212,432——5 days
5480 Lakeview RdSpringfield, TN 37172 ———$4,400,000—6 days
5216 Hwy 161Springfield, TN 37172 331,958$479,900$2457 days
2104 Woodland StSpringfield, TN 37172 331,361$305,000$2245 days
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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.