Springfield, VA Housing Market 2026: Median Home Price, Last 12 Months

If you invest in or around Springfield, the number that matters is what homes actually close for, not what sellers are asking. Here is what Springfield sale prices look like right now, built from the closings Resideline tracked over the last 12 months, as of August 2026.

The snapshot

• •Closings tracked, last 12 months: 243
• •Median sold price, last 12 months: $680,000
• •Median sold $/sqft, last 12 months: $340
• •Middle half of sales closed between: $607,500 and $750,000

What the numbers say

Resideline tracked 243 closed sales in Springfield over the last 12 months, with a median closing price of $680,000. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $607,500 and $750,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. Across the 243 closings with usable living area, the middle half sold between $295 and $434 per square foot.

Figures last updated August 22, 2026 from closings Resideline tracked.

Median home price in Springfield, VA (August 2026)

The median home price in Springfield is $680,000, measured across the 243 closed sales Resideline tracked over the last 12 months. The middle half of those sales closed between $607,500 and $750,000.

Where Springfield sale prices land

Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Springfield over the last 12 months, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $607,500 and $750,000. Where your target property sits inside that spread matters more than the citywide median.

How long a sale takes here

• •Listed to under contract: a median of 15 days, across 117 Springfield closings Resideline tracked in the last 12 months
• •Contract to closing: a median of 25 days, across 94 Springfield closings Resideline tracked in the last 12 months

The Springfield angle

Depth like this paired with a narrow band is a workable combination for valuation work. Together those work in your favour. $680,000 is a more usable anchor than usual, because closings sit within a compact range. Use both. Build from matched comps, then check the answer against the band. A result far outside $607,500 to $750,000 in a market this compact should be traceable to something specific about the property.

From market read to offer price

A market read is the backdrop. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.

And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. As of August 2026, the public scoreboard showed 3.26% median error across 11,465+ graded closings. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.

Run any Springfield address through Resideline and you will see the local market and the property's value together, in one report.

Cite this

Using these numbers? Please cite the source and the sample size:

Source: Resideline Market Watch
Market: Springfield, VA
Data updated: August 2026
Analysis period: last 12 months
Tracked closings: 243
Median sold price: $680,000
Median sold $/sqft: $340 (243 qualifying)
https://resideline.com/blog/springfield-va-housing-market

The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.

Every local market figure on this page is computed from closed sales Resideline tracked in Springfield over the last 12 months, and is refreshed when the data is. The closings we track inside the city limits are not limited to listing-service sales: they also include foreclosure deeds, estate and family transfers, and other off-market sales that portal medians exclude, which is why 17% of the 243 closings in this window never appeared on a listing service, and the median of MLS-listed sales alone was $680,000.