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Springfield, OR 97478 Real Estate & Property Data

Springfield, OR 97478 Real Estate Market Trends

Last Updated: August 30, 2025

A total of 518 residential properties have been sold over the past 12 months in 97478. With a median sales price of $414,500 in 97478 and a total of 1 foreclosures in Springfield, OR 97478. Discover market trends and get the granular level real estate data for Springfield, OR 97478 to keep your pulse on the housing market. Curate compelling home reports for Springfield, OR 97478 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Springfield, OR 97478 Real Estate Market Trends

Get property data for any address in Springfield, OR 97478 or the country:

Total Residential Properties 13,349

Total Commercial Properties 416

Avg. Home Age (Single Family Home) 45 Years

Avg. Square Feet (Single Family Home) 1,640

Total 2025 Residential Sales (year-to-date) 228

% of Homes Seriously Underwater (Q3 2025) 0.71%

Total 2024 Residential Sales 477

% of Equity Rich Homes (Q3 2025) 43.68%

Effective 2024 Property Tax 0.77%

Total Foreclosure Filings (year-to-date) 7

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Springfield, OR 97478 Real Estate Overview

There were 518 residential properties sold in the past year in Springfield, OR 97478. The median home value in Springfield, OR 97478 is $447,750. There are a total of 13,349 residential properties in the 97478.

Median Sales Price i

$414,500

(Jun 2025)

+6.3%

year-over-year

y-o-y

June '25 Jun '25 $414,500
May '25 May '25 $425,000
April '25 Apr '25 $462,000
March '25 Mar '25 $414,900
February '25 Feb '25 $412,500
January '25 Jan '25 $434,500
December '24 Dec '24 $377,000
November '24 Nov '24 $410,000
October '24 Oct '24 $450,000
September '24 Sep '24 $389,500
August '24 Aug '24 $389,900
July '24 Jul '24 $475,000

Median Down Payment i

$84,000

(Jun 2025)

+63.1%

year-over-year

y-o-y

June '25 Jun '25 $84,000
May '25 May '25 $56,235
April '25 Apr '25 $64,000
March '25 Mar '25 $40,000
February '25 Feb '25 $32,450
January '25 Jan '25 $70,245
December '24 Dec '24 $31,563
November '24 Nov '24 $42,250
October '24 Oct '24 $39,500
September '24 Sep '24 $24,750
August '24 Aug '24 $62,400
July '24 Jul '24 $90,000

Number of Homes Sold i

38

(Jun 2025)

-7.3%

year-over-year

y-o-y

June '25 Jun '25 38
May '25 May '25 59
April '25 Apr '25 37
March '25 Mar '25 34
February '25 Feb '25 33
January '25 Jan '25 27
December '24 Dec '24 46
November '24 Nov '24 32
October '24 Oct '24 36
September '24 Sep '24 27
August '24 Aug '24 66
July '24 Jul '24 42

Number of Purchase Loans i

24

(Jun 2025)

-14.3%

year-over-year

y-o-y

June '25 Jun '25 24
May '25 May '25 38
April '25 Apr '25 33
March '25 Mar '25 18
February '25 Feb '25 21
January '25 Jan '25 20
December '24 Dec '24 31
November '24 Nov '24 26
October '24 Oct '24 33
September '24 Sep '24 21
August '24 Aug '24 42
July '24 Jul '24 37

Number of REFI Loans i

16

(Jun 2025)

+6.7%

year-over-year

y-o-y

June '25 Jun '25 16
May '25 May '25 29
April '25 Apr '25 21
March '25 Mar '25 19
February '25 Feb '25 17
January '25 Jan '25 19
December '24 Dec '24 14
November '24 Nov '24 20
October '24 Oct '24 19
September '24 Sep '24 11
August '24 Aug '24 18
July '24 Jul '24 18

Number of HELOC Loans i

20

(Jun 2025)

year-over-year

y-o-y

June '25 Jun '25 20
May '25 May '25 16
April '25 Apr '25 23
March '25 Mar '25 32
February '25 Feb '25 13
January '25 Jan '25 21
December '24 Dec '24 14
November '24 Nov '24 19
October '24 Oct '24 19
September '24 Sep '24 17
August '24 Aug '24 26
July '24 Jul '24 31

Springfield, OR 97478 Real Estate Market Overview

Last 30 days

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Springfield, OR 97478 Foreclosure Activity

There were a total of 1 Springfield, OR 97478 properties with a foreclosure filing in June 2025.

Total Foreclosure Filings i

1

(Jun 2025)

June '25 Jun '25 1
May '25 May '25 2
April '25 Apr '25 1
March '25 Mar '25 2
February '25 Feb '25 1
January '25 Jan '25 N/A
December '24 Dec '24 1
November '24 Nov '24 N/A
October '24 Oct '24 2
September '24 Sep '24 1
August '24 Aug '24 1
July '24 Jul '24 1

Foreclosure Starts i

1

(Jun 2025)

June '25 Jun '25 1
May '25 May '25 2
April '25 Apr '25 1
March '25 Mar '25 2
February '25 Feb '25 1
January '25 Jan '25 N/A
December '24 Dec '24 1
November '24 Nov '24 N/A
October '24 Oct '24 2
September '24 Sep '24 1
August '24 Aug '24 1
July '24 Jul '24 1

Completed Foreclosures (REOs) i

June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 1
February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 1
August '24 Aug '24 N/A
July '24 Jul '24 1

Nearby Zip Codes

1. 97475
2. 97477

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