#768515, Listing Office: Keller Williams Success Realty
Springfield Housing Market Report January 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 Neutral Market
Difference Since January 2024
At the same time last year, Springfield was a Seller's Market.
Springfield is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
Based on all homes sold in the last 12 months
The sold price of homes in Springfield has remained the same since last year.
Summary: The median home sold price in Springfield was $255,000 in January 2025, the same as last year, and the median price per square foot was $172.
Median Sold Price By City
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Callaway | $284.1K | $290K | +2.1% |
Springfield | $255K | $255K | 0.0% |
Panama City | $343.5K | $337.5K | -1.7% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | $350K | N/A |
22 Bedrooms | $107K | $141.6K | +32.3% |
33 Bedrooms | $245K | $240K | -2.0% |
44 Bedrooms | $287K | $279K | -2.8% |
55+ Bedrooms | $470K | $469.5K | -0.1% |
Summary: Springfield housing price by bedroom type for January 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 +32.3%. The home price for 3 bedroom homes decreased by -2.0%. The home price for 4 bedroom homes decreased by -2.8%. The home price for 5 bedroom homes decreased by -0.1%.
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 |
---|---|---|
46Last MonthJan 2025 | ||
432 months agoDec 2024 | +7.0 % Change MoMDec – Jan |
Summary: The Springfield real estate market had 46 homes for sale in Jan 2025, a 7.0 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
7Last MonthJan 2025 | ||
62 months agoDec 2024 | +16.7 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 1 | 0.0% |
22 Bedrooms | 3 | 3 | 0.0% |
33 Bedrooms | 25 | 31 | +24.0% |
44 Bedrooms | 12 | 10 | -16.7% |
55+ Bedrooms | 2 | 1 | -50.0% |
Summary: Springfield housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +24.0%. The inventory for 4 bedroom homes decreased by -16.7%. The inventory for 5 bedroom homes decreased by -50.0%.
Asking Price vs. Sold Price
How much do homes in Springfield, FL cost?
Over Asking Price0 Home
At Asking Price2 Homes
Under Asking Price5 Homes
If you're buying a home in Springfield, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Springfield in January 2025, up by 16.7% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and and 0% 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 Days1 Home
30 – 90 Days5 Homes
Over 90 Days1 Home
Avg time on Rocket Homes in Springfield has remained consistent over time.
Summary: During January 2025, 7 homes were sold in Springfield; 14% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
56 DaysThis YearJan 2025 | ||
77 Days1 year agoJan 2024 | -27.4 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Springfield had an average listing age of 56 days in Jan 2025, down by 27.4% 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, Stellar MLS, Emerald Coast MLS, and Capital Area Technology & REALTOR Services Inc. for the period 02/01/2023 - 02/01/2025

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/12/2025, 5:20:51 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: 2/11/2025, 10:50:08 PM 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: 2/11/2025, 11:50:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate on this web site comes in part from the IDX Program of the Tallahassee Board of REALTORS®, Inc. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. The broker providing this data believes it to be correct, but advises interested parties to confirm information before relying on it for a purchase decision.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/12/2025, 5:15:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.