45505 Home Values & Market Trends
There are 21 homes currently listed for 45505. 45505 real estate market trends show that home prices range from $875 to $346,990, and the median sales price in the 45505 zip code is $114,997.49. The total number of properties sold within the past twelve months is 459. In 45505, 6 properties are in foreclosure, 1 are bank owned properties,and 5 are headed for auction.
45505 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Springfield | $ 145,878 $ 123/sqft |
Housing Market Summary for 45505
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $99,949.5 | $107.9K | 7.99% |
| Median Sold Price | $89,880 | $107.9K | 20.09% |
| Homes For Sale | 18 | 21 | 16.67% |
| Homes Sold | 255 | 237 | -7.06% |
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 45505
Browse Homes in 45505
The median list price of a home in Springfield, is $114,997.49. A total of 21 properties are for sale, and the percentage of properties for sale in the zip code is 21.00%. The total count of 45505 properties is 6,871.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 45505 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 45505; 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 45505 ranges from the highest value of $213,324 in springfield to the lowest value of $39,025 in springfield. Bank owned homes and properties account for 0.01% of properties in 45505. There is 1 cities within 45505; springfield containing 9 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsspringfield has 15 auction properties, the highest number of properties going to auction in a single city in the state of 45505. Auction homes and other auction properties account for 0.07% of all properties in 45505. There is 1 cities within 45505; of that cities, the median estimated home value for homes going to auction ranges from $282,754 in springfield to the lowest value of $52,251 in springfield.
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Guide for 45505
Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.
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