Springfield, IL 62704 Real Estate & Property Data

Springfield, IL 62704 Real Estate Market Trends
Last Updated: April 22, 2025

A total of 939 residential properties have been sold over the past 12 months in 62704. With a median sales price of $142,500 in 62704. Discover market trends and get the granular level real estate data for Springfield, IL 62704 to keep your pulse on the housing market. Curate compelling home reports for Springfield, IL 62704 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Springfield, IL 62704 Real Estate Market Trends
Total Residential Properties 14,398
Total Commercial Properties 1,585
Avg. Home Age (Single Family Home) N/A
Avg. Square Feet (Single Family Home) N/A
Total 2025 Residential Sales (year-to-date) 102
% of Homes Seriously Underwater (Q2 2025) 1.27%
Total 2024 Residential Sales 881
% of Equity Rich Homes (Q2 2025) 31.94%
Effective 2024 Property Tax 2.08%
Total Foreclosure Filings (year-to-date) 1
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Springfield, IL 62704 Real Estate Overview

There were 939 residential properties sold in the past year in Springfield, IL 62704. The median home value in Springfield, IL 62704 is $179,942. There are a total of 14,398 residential properties in the 62704.

Median Sales Price i
$142,500
(Feb 2025)
-6.6%
year-over-year
y-o-y
  • February '25 Feb '25 $142,500
  • January '25 Jan '25 $200,000
  • December '24 Dec '24 $161,000
  • November '24 Nov '24 $150,000
  • October '24 Oct '24 $188,500
  • September '24 Sep '24 $198,000
  • August '24 Aug '24 $175,000
  • July '24 Jul '24 $165,250
  • June '24 Jun '24 $177,500
  • May '24 May '24 $169,000
  • April '24 Apr '24 $163,750
  • March '24 Mar '24 $133,750
Median Down Payment i
$25,000
(Feb 2025)
+25.4%
year-over-year
y-o-y
  • February '25 Feb '25 $25,000
  • January '25 Jan '25 $32,000
  • December '24 Dec '24 $24,150
  • November '24 Nov '24 $12,250
  • October '24 Oct '24 $12,000
  • September '24 Sep '24 $15,200
  • August '24 Aug '24 $24,800
  • July '24 Jul '24 $13,700
  • June '24 Jun '24 $16,000
  • May '24 May '24 $27,000
  • April '24 Apr '24 $14,550
  • March '24 Mar '24 $20,000
Number of Homes Sold i
49
(Feb 2025)
-7.5%
year-over-year
y-o-y
  • February '25 Feb '25 49
  • January '25 Jan '25 53
  • December '24 Dec '24 67
  • November '24 Nov '24 65
  • October '24 Oct '24 84
  • September '24 Sep '24 75
  • August '24 Aug '24 96
  • July '24 Jul '24 81
  • June '24 Jun '24 88
  • May '24 May '24 86
  • April '24 Apr '24 76
  • March '24 Mar '24 66
Number of Purchase Loans i
46
(Feb 2025)
+155.6%
year-over-year
y-o-y
  • February '25 Feb '25 46
  • January '25 Jan '25 39
  • December '24 Dec '24 56
  • November '24 Nov '24 44
  • October '24 Oct '24 64
  • September '24 Sep '24 63
  • August '24 Aug '24 73
  • July '24 Jul '24 60
  • June '24 Jun '24 62
  • May '24 May '24 62
  • April '24 Apr '24 55
  • March '24 Mar '24 46
Number of REFI Loans i
20
(Feb 2025)
-13%
year-over-year
y-o-y
  • February '25 Feb '25 20
  • January '25 Jan '25 17
  • December '24 Dec '24 18
  • November '24 Nov '24 13
  • October '24 Oct '24 25
  • September '24 Sep '24 27
  • August '24 Aug '24 25
  • July '24 Jul '24 6
  • June '24 Jun '24 24
  • May '24 May '24 14
  • April '24 Apr '24 22
  • March '24 Mar '24 17
Number of HELOC Loans i
16
(Feb 2025)
year-over-year
y-o-y
  • February '25 Feb '25 16
  • January '25 Jan '25 14
  • December '24 Dec '24 34
  • November '24 Nov '24 22
  • October '24 Oct '24 32
  • September '24 Sep '24 33
  • August '24 Aug '24 34
  • July '24 Jul '24 32
  • June '24 Jun '24 26
  • May '24 May '24 29
  • April '24 Apr '24 22
  • March '24 Mar '24 15

Springfield, IL 62704 Foreclosure Activity

Total Foreclosure Filings i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 1
  • December '24 Dec '24 2
  • November '24 Nov '24 1
  • October '24 Oct '24 N/A
  • September '24 Sep '24 3
  • August '24 Aug '24 1
  • July '24 Jul '24 4
  • June '24 Jun '24 4
  • May '24 May '24 2
  • April '24 Apr '24 1
  • March '24 Mar '24 1
Completed Foreclosures (REOs) i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 1
  • December '24 Dec '24 1
  • November '24 Nov '24 2
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 1
  • July '24 Jul '24 1
  • June '24 Jun '24 1
  • May '24 May '24 N/A
  • April '24 Apr '24 1
  • March '24 Mar '24 N/A
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