37172 Home Values & Market Trends

There are 34 homes currently listed for 37172. 37172 real estate market trends show that home prices range from $124,900 to $784,000, and the median sales price in the 37172 zip code is $303,492.45. The total number of properties sold within the past twelve months is 582. In 37172, 4 properties are in foreclosure, 0 are bank owned properties,and 4 are headed for auction.

37172 Real Estate Market Overview

CityMedian Est. Value
Springfield

$ 333,574

$ 192/sqft

Housing Market Summary for 37172

Apr 2023March 2024Change
Median Listing Price$299.9K$306.1K2.07%
Median Sold Price$316.5K$306.1K-3.29%
Homes For Sale3933-15.38%
Homes Sold20925923.92%
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 37172

The median list price of a home in Springfield, is $303,492.45. A total of 34 properties are for sale, and the percentage of properties for sale in the zip code is 34.00%. The total count of 37172 properties is 11,005.

Foreclosure
There is 1 cities within 37172; within this cities, the median estimated home value for homes in foreclosure ranges from $268,701 in springfield to the lowest value of $151,937 in springfield. Foreclosure homes account for 0.00% of properties in 37172 with springfield containing 4 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-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 Owned
    The median estimated home value of bank owned homes (REO properties) in 37172 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 37172. There is 1 cities within 37172; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    springfield has 4 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 0.04% 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 $268,701 in springfield to the lowest value of $151,937 in springfield.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.31% of residential properties in 37172 with springfield containing 34 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 37172; homes for sale in that cities, have a range of median values from $1,053,197 in springfield to the lowest value of $108,650 in springfield.
    Sold Homes
    The median value for recently sold homes ranges from $942,973 in springfield to the lowest price of $78,872 in springfield. There is 1 cities within 37172. springfield has 241 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.19% of properties in 37172.

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      Guide for 37172

      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports
      Knoxville Real Estate Market Report, April 2024
      Market Reports
      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Tennessee
      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      See More Articles
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Knoxville Real Estate Market Report, April 2024
      Market Reports|posted 9 April 2024

      The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.

      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Market Reports|posted 8 March 2024

      The Memphis real estate market has shown significant growth from March 2023 to February 2024, with property values increasing by about 10% and sale prices also rising. Despite minor fluctuations in property sales and square foot values, the market displays considerable resilience, making Memphis an attractive option for real estate investment.

      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Tennessee|posted 23 January 2024

      Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices

      Recently Listed Homes 37172

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