Springfield Housing Market Report March 2025•Otsego County, New York

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Housing Prices in Springfield, NY

How much do homes in Springfield, NY cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$799,000$208/SqFt
+$299,500
+60.0%

Based on all homes listed in March 2025

Insight

The list price of homes in Springfield has increased by 60% since February.

Summary: The median home list price in Springfield was $799,000 in March 2025, up 60% from the previous month, and the median price per square foot was $208.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
Warren
+366.7%
Springfield
+60.0%
East Springfield
0.0%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2025Mar 2025Change MoM
1--
N/A
2-$399.9K
N/A
3$165K$165K
0.0%
4$597.5K$200K
-66.5%
5$799K$3.2M
+303.6%

Summary: Springfield housing price by bedroom type for March 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes decreased by -66.5%. The home price for 5 bedroom homes increased by +303.6%.

How does Springfield, NY compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Springfield, NY

Housing supply in Springfield, NY

How many homes are available in Springfield, NY?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
7Last MonthMar 2025
42 months agoFeb 2025
+75.0 %
Change MoMFeb – Mar

Summary: The Springfield real estate market had 7 homes for sale in Mar 2025, a 75.0 % increase compared to Feb 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
100
0.0%
201
+100.0%
311
0.0%
421
-50.0%
514
+300.0%

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 increased by +100.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -50.0%. The inventory for 5 bedroom homes increased by +300.0%.

Days on Market for Springfield, NY

How long does it take to sell a home in Springfield, NY?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
50 DaysLast MonthMar 2025
71 Days1 month agoFeb 2025
-29.7 %
Change MoMFeb – Mar

Summary: Homes in Springfield had an average listing age of 50 days in Mar 2025, down by 29.7% compared to the previous month.

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Newest Listings in Springfield, NY

What homes are available in Springfield, NY?

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Nearby markets

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Popular Cities with Homes for Sale in New York

MLS Disclaimers and Copyright

Based on information from New York State Alliance of MLS, Global MLS, and Hudson Valley Catskill Region MLS for the period 02/01/2025 - 04/01/2025

IDXThe data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/16/2025, 2:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.

Copyright © 2025 Global Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/16/2025, 12:50:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Copyright © 2025 Hudson Valley Catskill Region MLS. All rights reserved. Real estate listings of brokerage firms other than Hudson Valley Catskill Region MLS are marked with the IDX logo and the detailed information about them includes the listing broker's name. This information is provided exclusively 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. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/16/2025, 2:15:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.