62702 Home Values & Market Trends

There are 353 homes currently listed for 62702. 62702 real estate market trends show that home prices range from $28,900 to $249,500, and the median sales price in the 62702 zip code is $125,228. The total number of properties sold within the past twelve months is 656. In 62702, 14 properties are in foreclosure, 2 are bank owned properties,and 12 are headed for auction.

62702 Real Estate Market Overview

CityMedian Est. Value
Springfield

$ 188,550

$ 51/sqft

Housing Market Summary for 62702

Sep 2025September 2026Change
Median Listing Price$89,950$129.9K44.41%
Median Sold Price$99,588$84,979.5-14.67%
Homes For Sale22333952.02%
Homes Sold291141-51.55%
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 62702

The median list price of a home in Springfield, is $125,228. A total of 353 properties are for sale, and the percentage of properties for sale in the zip code is 353.00%. The total count of 62702 properties is 511.

Foreclosure
There is 1 cities within 62702; within this cities, the median estimated home value for homes in foreclosure ranges from $393,834 in springfield to the lowest value of $37,583 in springfield. Foreclosure homes account for 2.00% of properties in 62702 with springfield containing 39 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 62702 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 62702; 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 62702 ranges from the highest value of $393,834 in springfield to the lowest value of $43,000 in springfield. Bank owned homes and properties account for 0.39% of properties in 62702. There is 1 cities within 62702; springfield containing 5 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    springfield has 34 auction properties, the highest number of properties going to auction in a single city in the state of 62702. Auction homes and other auction properties account for 2.35% of all properties in 62702. There is 1 cities within 62702; of that cities, the median estimated home value for homes going to auction ranges from $367,527 in springfield to the lowest value of $37,583 in springfield.
Homes for Sale
Homes and properties that are actively listed for sale account for 69.08% of residential properties in 62702 with springfield containing 1617 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 62702; homes for sale in that cities, have a range of median values from $1,549,000 in springfield to the lowest value of $16,622 in springfield.
    Sold Homes
    The median value for recently sold homes ranges from $941,889 in springfield to the lowest price of $12,543 in springfield. There is 1 cities within 62702. springfield has 570 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 25.44% of properties in 62702.

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      Guide for 62702

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      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 […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.