Updated May 2026 · Redfin · 3-month window
62702 Real Estate Market Update: Springfield, IL, May 2026
The latest housing-market numbers for ZIP code 62702 in Springfield, Illinois, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $117K | ▲ +0.4% | ▼ -5.3% |
| Days on market | 10 | ▼ -58.7% | ▼ -32.1% |
| Homes for sale | 32 | ▼ -5.9% | ▼ -38.5% |
| Sale-to-list | 100.6% | ▲ +0.7% | ▲ +3.4% |
| Homes sold | 106 | ▲ +8.2% | ▲ +11.6% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 62702 numbers say
The 62702 ZIP in Springfield is cooling. The median sale price sits at $116,500, 5.3% below last year. Homes here move fast: a typical listing goes under contract in about 10 days, and sellers are getting 100.6% of list price.
Based on 106 recent sales, 62702 is currently an active market.
What this means if you sell in 62702
Use these figures to set expectations early. Lead a listing appointment with the median price and the 10-day pace, show the year-over-year direction, and frame 62702 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Springfield post →Frequently asked: the 62702 housing market
- What is the median home price in ZIP 62702 (Springfield, IL)?
- As of May 2026, the median sale price in ZIP 62702 is $116,500 (-5.3% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 62702 a buyer's or seller's market right now?
- ZIP 62702 is currently an active market, based on a 100.6% sale-to-list ratio, about 10 days on market for May 2026.
- How long do homes take to sell in ZIP 62702?
- A typical listing in 62702 goes under contract in about 10 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 62702 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.