62707 Home Values & Market Trends

There are 3 homes currently listed for 62707. 62707 real estate market trends show that home prices range from $84,900 to $160,000, and the median sales price in the 62707 zip code is $161,316.18. The total number of properties sold within the past twelve months is 119. In 62707, 1 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.

62707 Real Estate Market Overview

CityMedian Est. Value
Springfield

$ 126,975

$ 81/sqft

Housing Market Summary for 62707

Apr 2023March 2024Change
Median Listing Price$199.9K$182.9K-8.51%
Median Sold Price$153.8K$182.9K18.93%
Homes For Sale32-33.33%
Homes Sold507142.00%
Price
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Homes For Sale
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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%.

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Browse Homes in 62707

The median list price of a home in Springfield, is $161,316.18. A total of 3 properties are for sale, and the percentage of properties for sale in the zip code is 3.00%. The total count of 62707 properties is 2,669.

Foreclosure
There is 1 cities within 62707; within this cities, the median estimated home value for homes in foreclosure ranges from $217,759 in springfield to the lowest value of $34,412 in springfield. Foreclosure homes account for 0.00% of properties in 62707 with springfield containing 38 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 62707 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 62707; 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 Owned
    The median estimated home value of bank owned homes (REO properties) in 62707 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 62707. There is 1 cities within 62707; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    springfield has 24 auction properties, the highest number of properties going to auction in a single city in the state of 62707. Auction homes and other auction properties account for 0.04% of all properties in 62707. There is 1 cities within 62707; 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.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.11% of residential properties in 62707 with springfield containing 81 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 62707; homes for sale in that cities, have a range of median values from $1,159,203 in springfield to the lowest value of $28,266 in springfield.
    Sold Homes
    The median value for recently sold homes ranges from $1,012,922 in springfield to the lowest price of $19,976 in springfield. There is 1 cities within 62707. springfield has 1170 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.36% of properties in 62707.

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      Guide for 62707

      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      See More Articles
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Recently Listed Homes 62707

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