#770787, Listing Office: Legacy Premier Agency
Springfield Housing Market Report March 2025•Bay County, Florida
Housing Prices in Springfield, FL
How much do homes in Springfield, FL cost?
Housing Market Conditions
Is Springfield, FL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Springfield is a Seller's Market
Difference Since March 2024
Since last year, Springfield has remained a Seller's Market.
Springfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Springfield have sold for 2% more than they did a year ago.
Summary: The median home sold price in Springfield was $260,000 in March 2025, up 2% from last year, and the median price per square foot was $171.
Median Sold Price By Cities
City | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
Parker | $240K | $290.2K | +20.9% |
Callaway | $276.1K | $293.9K | +6.4% |
Springfield | $255K | $260K | +2.0% |
Panama City | $342.9K | $335.1K | -2.3% |
Median Sold Price By Bedrooms
Beds | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | $350K | N/A |
22 Bedrooms | $105K | $124.5K | +18.6% |
33 Bedrooms | $246.5K | $243K | -1.4% |
44 Bedrooms | $285K | $279K | -2.1% |
55+ Bedrooms | $470K | $461K | -1.9% |
Summary: Springfield housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +18.6%. The home price for 3 bedroom homes decreased by -1.4%. The home price for 4 bedroom homes decreased by -2.1%. The home price for 5 bedroom homes decreased by -1.9%.
How does Springfield, FL compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Springfield, FL
Housing supply in Springfield, FL
How many homes are available in Springfield, FL?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
60Last MonthMar 2025 | ||
592 months agoFeb 2025 | +1.7 % Change MoMFeb – Mar |
Summary: The Springfield real estate market had 60 homes for sale in Mar 2025, a 1.7 % increase compared to Feb 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
11Last MonthMar 2025 | ||
52 months agoFeb 2025 | +120.0 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
Beds | Feb 2025 | Mar 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 1 | 0.0% |
22 Bedrooms | 5 | 4 | -20.0% |
33 Bedrooms | 39 | 39 | 0.0% |
44 Bedrooms | 11 | 14 | +27.3% |
55+ Bedrooms | 3 | 2 | -33.3% |
Summary: Springfield housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -20.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +27.3%. The inventory for 5 bedroom homes decreased by -33.3%.
Asking Price vs. Sold Price
How much do homes in Springfield, FL cost?
Over Asking Price2 Homes
At Asking Price2 Homes
Under Asking Price7 Homes
If you're buying a home in Springfield, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Springfield in March 2025, up by 120.0% month-over-month. Of the 11 sold homes, 64% were sold under asking, 18% were sold at asking, and and 18% were sold over asking.
Days on Market for Springfield, FL
How long does it take to sell a home in Springfield, FL?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days2 Homes
Over 90 Days6 Homes
Most homes in Springfield are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2025, 11 homes were sold in Springfield; 27% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 55% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
114 DaysThis YearMar 2025 | ||
95 Days1 year agoMar 2024 | +19.4 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Springfield had an average listing age of 114 days in Mar 2025, up by 19.4% compared to the previous year.
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Newest Listings in Springfield, FL
What homes are available in Springfield, FL?
Nearby markets
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MLS Disclaimers and Copyright
Based on information from Central Panhandle Association of REALTORS® MLS, Emerald Coast MLS, and Stellar MLS for the period 04/01/2023 - 04/01/2025

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 11:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 11:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 11:20:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.