37172 Home Values & Market Trends
There are 473 homes currently listed for 37172. 37172 real estate market trends show that home prices range from $48,000 to $1,950,000, and the median sales price in the 37172 zip code is $368,436. The total number of properties sold within the past twelve months is 502. In 37172, 18 properties are in foreclosure, 4 are bank owned properties,and 14 are headed for auction.
37172 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Springfield | $ 361,144 $ 237/sqft |
Housing Market Summary for 37172
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $384.5K | $369.9K | -3.80% |
| Median Sold Price | $285.1K | $321.2K | 12.64% |
| Homes For Sale | 413 | 474 | 14.77% |
| Homes Sold | 190 | 159 | -16.32% |
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 37172
Browse Homes in 37172
The median list price of a home in Springfield, is $368,436. A total of 473 properties are for sale, and the percentage of properties for sale in the zip code is 473.00%. The total count of 37172 properties is 663.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 37172 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 37172; 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 37172 ranges from the highest value of $440,000 in springfield to the lowest value of $142,500 in springfield. Bank owned homes and properties account for 0.60% of properties in 37172. There is 1 cities within 37172; springfield containing 4 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsspringfield has 13 auction properties, the highest number of properties going to auction in a single city in the state of 37172. Auction homes and other auction properties account for 2.11% of all properties in 37172. There is 1 cities within 37172; of that cities, the median estimated home value for homes going to auction ranges from $428,269 in springfield to the lowest value of $182,638 in springfield.
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Guide for 37172
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.