MARKET

A Springfield read you can take to a pricing meeting

I publish inventory, closings, pending contracts, sale prices, and days on market, then I tell you what those numbers do not mean.

Springfield, TN single family homes, September 2026. Median sale $373,500, down 0.7% from September 2025. Average sale $468,734. Median days on market 20. Average sold to list 98.1%. Median price per square foot $236.

Full market read

Active inventory

124

Single family homes for sale as of Oct 2 2026, about 3.4 months of supply

Closed in September

Single family sales in September 2026, vs 40 in September 2025

Under contract

Under contract as of Oct 2 2026

Source: Realtracs MLS, site built single family only, by postal city (Springfield TN), pulled Oct 2 2026. September counts were pulled Oct 2 2026, and a few late reported closings may still be added.

What September said

Springfield had 16 single family sales in September, well below the 48 in August, while the median price held steady at $373,500.

One month is a small sample

When only a few dozen homes close in a month, one sale can swing the numbers. I look at several months together and at the individual sales before I put a price on anything.

How I use this page with a seller or a buyer

Start here, then look at what is for sale. The monthly price report has the full table.

MONTHLY SPRINGFIELD PRICE REPORT

The table I actually use: sold prices, square footage, and days on market.

Every closed single family home in Springfield, with the price, the size, and how long it took. No portal average. Just the numbers from the last closed set.

Get this month's report