45506 Home Values & Market Trends
There are 214 homes currently listed for 45506. 45506 real estate market trends show that home prices range from $39,900 to $389,900, and the median sales price in the 45506 zip code is $130,000. The total number of properties sold within the past twelve months is 272. In 45506, 4 properties are in foreclosure, 2 are bank owned properties,and 2 are headed for auction.
45506 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Springfield | $ 200,000 $ 150/sqft |
Housing Market Summary for 45506
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $129.9K | $133.6K | 2.85% |
| Median Sold Price | $128.5K | $107.5K | -16.32% |
| Homes For Sale | 140 | 212 | 51.43% |
| Homes Sold | 138 | 77 | -44.20% |
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 $130,000. A total of 214 properties are for sale, and the percentage of properties for sale in the zip code is 214.00%. The total count of 45506 properties is 286.
- 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 $150,512 in springfield to the lowest value of $37,087 in springfield. Bank owned homes and properties account for 0.70% of properties in 45506. There is 1 cities within 45506; springfield containing 13 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsspringfield has 9 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 0.70% 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 $499,054 in springfield to the lowest value of $104,622 in springfield.
Compare Nearby Zip Codes
More Real Estate Resources for 45506
Guide for 45506
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.