45506 Home Values & Market Trends
There are 19 homes currently listed for 45506. 45506 real estate market trends show that home prices range from $36,900 to $268,500, and the median sales price in the 45506 zip code is $90,591.21. The total number of properties sold within the past twelve months is 288. In 45506, 5 properties are in foreclosure, 2 are bank owned properties,and 3 are headed for auction.
45506 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Springfield | $ 145,878 $ 123/sqft |
Housing Market Summary for 45506
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $112K | $89,356.5 | -20.22% |
| Median Sold Price | $74,750 | $89,356.5 | 19.54% |
| Homes For Sale | 15 | 19 | 26.67% |
| Homes Sold | 140 | 147 | 5.00% |
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 45506
Browse Homes in 45506
The median list price of a home in Springfield, is $90,591.21. A total of 19 properties are for sale, and the percentage of properties for sale in the zip code is 19.00%. The total count of 45506 properties is 4,886.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 45506 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 45506; 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 45506 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 0.04% of properties in 45506. There is 1 cities within 45506; 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 45506. Auction homes and other auction properties account for 0.06% of all properties in 45506. There is 1 cities within 45506; 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 45506
Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.
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