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All market snapshots / 45503

Springfield, OH 45503 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Springfield, OH inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.07
ActiveActive listings: 4242PendingPending sales: 33
Springfield, OH: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $198k$198kSoldMedian sold price (last 6 months): $192k$192k
What homes actually sell for in Springfield, OH
Distribution of 327 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $128k to $238k
$40k to $83k: 33 sales$40k$83k to $126k: 32 sales$126k to $169k: 57 sales$126k$169k to $212k: 61 sales$212k to $256k: 63 sales63sales$212k$256k to $299k: 29 sales$299k to $342k: 16 sales$299k$342k to $385k: 3 salesMedian $192k

What the numbers say

As of September 14, 2026, Resideline is tracking 42 active listings and 3 pending sales in ZIP code 45503. That pending-to-active ratio of 0.07 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $197,500, while the median of the 327 closed sales Resideline tracked over the last six months was $192,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 45503 for 54 days.

Frequently asked questions

What is the median home price in 45503?

The median closed sale price in Springfield, OH 45503 was $192,000 over the last six months, based on 327 closed sales tracked by Resideline. The middle half of those sales ranged from $127,500 to $238,000.

Is 45503 a buyer's or seller's market?

Resideline is currently tracking 3 pending sales against 42 active listings in 45503, a pending-to-active ratio of 0.07. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 45503 currently looks like a balanced market.

Nearby ZIP code market data

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