Springfield Real Estate Guide

Springfield is a community in Springfield, VA. It has approximately 1376 units, built predominantly between 1952 and 1958. The median home price in Springfield is $475,000.


People like living in Springfield because:

  • Appreciation: Springfield is among the top Fairfax County neighborhoods for real estate appreciation over the last 10 years
  • Neighborhood: Springfield’s median home value is lower than other surrounding neighborhoods, making it more affordable to live in Springfield.
  • Established Neighborhood: Springfield is an established neighborhood with a majority of the homes built before 1980.

Current Springfield Real Estate Market Inventory

The dials below indicate the current status of the Springfield Real Estate Market based on the number of active listings, median sales price, and median days on market compared against the 5-Year averages.

Springfield Home Sales Trend

In the past 6 months, 865 properties have sold in Springfield ranging from a 2-bed, 1-bath condo for $160,000 to a 5-bed, 4.5-bath detached for $1,100,000.

In October 2018, 103 homes sold in Springfield in the 22150, 22151, 22152 and 22153 zip codes with an average sold price of $481,327. Compared against the median sold prices last year in October 2017, prices are up 6% and against median sold prices last month in September 2018, prices are up 4.4%. It took an average of 0 on market for homes to sell. The average price per square foot for homes in Springfield was $272.

Statistic

Values

Year Over Year

Month Over Month

Total Sold Dollar Volume Statistic

$49,576,640

6.1%

10.3%

Closed Sales Statistic

103

1%

4%

Median Sold Price

$475,000

6%

4.4%

Average Sold Price

$481,327

5%

6%

Median Days on Market

0

-100%

-100%

Average Days on Market

0

-100%

-100%

Median Price per Sq Foot

$258

-9.5%

-12.5%

Average Price per Sq Foot

$272

-8.7%

-12%

How Much Is My Home Worth in Springfield?

Use our free home value estimator to find out what your Springfield home is worth currently and to see prices of recently sold homes in your neighborhood.


Historical Springfield Real Estate Market Trends

The chart below is the historical median sales price in Springfield for the last 10 years. Based on this information, there has been a total appreciation of 56.3% over the last 10 years.



Springfield Homes for Sale

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Click Here for the Latest Springfield Homes for Sale



Springfield Schools

Fairfax County Public Schools near Springfield include: Cardinal Forest Elementary School, Crestwood Elementary School, Forestdale Elementary School, Garfield Elementary School, Hunt Valley Elementary School, Keene Mill Elementary School, Kings Glen Elementary School, Kings Park Elementary School, Lynbrook Elementary School, Newington Forest Elementary School, North Springfield Elementary School, Orange Hunt Elementary School, Ravensworth Elementary School, Rolling Valley Elementary School, Sangster Elementary School, Saratoga Elementary School, Springfield Estates Elementary School, West Springfield Elementary School, Irving Middle School, Key Middle School, Lee High School and West Springfield High School. For the Great School ratings, click on the school name. To look up the schools serving a specific address, go to the Fairfax County Public School boundary locator.

Peggy Yee – Top Springfield Realtor

Peggy Yee is a supervising broker at Frankly Realtors and was one of Northern Virginia Magazines Top Realtors in 2016. She has been quoted in the The Washington Post, Money Magazine, Consumer Reports, Around Reston Magazine, Zillow, Trulia and Realtor.com. Peggy is 100% committed to making your move the best experience possible! See what Peggy’s previous clients are saying. Click here for Seller Video Testimonials. Click here for Buyer Video Testimonials. Click here for Zillow Reviews.