62703 Home Values & Market Trends
There are 15 homes currently listed for 62703. 62703 real estate market trends show that home prices range from $14,500 to $158,500, and the median sales price in the 62703 zip code is $90,597.95. The total number of properties sold within the past twelve months is 631. In 62703, 9 properties are in foreclosure, 5 are bank owned properties,and 4 are headed for auction.
62703 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Springfield | $ 125,606 $ 84/sqft |
Housing Market Summary for 62703
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $92,500 | $81,495 | -11.90% |
| Median Sold Price | $84,983.333 | $81,495 | -4.10% |
| Homes For Sale | 10 | 17 | 70.00% |
| Homes Sold | 265 | 287 | 8.30% |
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 62703
Browse Homes in 62703
The median list price of a home in Springfield, is $90,597.95. A total of 15 properties are for sale, and the percentage of properties for sale in the zip code is 15.00%. The total count of 62703 properties is 9,376.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 62703 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 62703; 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 62703 ranges from the highest value of $174,485 in springfield to the lowest value of $34,412 in springfield. Bank owned homes and properties account for 0.05% of properties in 62703. There is 1 cities within 62703; springfield containing 14 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsspringfield has 24 auction properties, the highest number of properties going to auction in a single city in the state of 62703. Auction homes and other auction properties account for 0.04% of all properties in 62703. There is 1 cities within 62703; of that cities, the median estimated home value for homes going to auction ranges from $217,759 in springfield to the lowest value of $56,488 in springfield.
Compare Nearby Zip Codes
More Real Estate Resources for 62703
Guide for 62703
Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.
A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.
Learn how a short sale can stop the foreclosure process.
Learn effective strategies to safeguard your credit score after experiencing a foreclosure.