7

Springfield, IL Homes under $500,000

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  • 340 Sebring Rd Unit 1, Springfield, IL 62707
    340 Sebring Rd Unit 1, Springfield, IL 62707
    340 Sebring Rd Unit 1, Springfield, IL 62707
    /52

    $454,900

    • 3 Beds
    • 3 Baths
    • 3,759 Sq Ft

    340 Sebring Rd Unit 1, Springfield, IL 62707

    Love expansive vistas, golf, or just prefer a bit more privacy? This beautifully maintained home backs to hole #7’s putting green on The Rail Golf Course—offering stunning scenery and fewer neighbors. Inside, the home is move-in ready with fresh paint, new carpeting, and high-efficiency toilets throughout. The thoughtful split floor plan features a spacious primary suite with private access to a

    Agent Photo

    Jim Fulgenzi

    RE/MAX Professionals

    (217) 978-7476

    340 Sebring Rd Unit 1, Springfield, IL 62707
  • 2309 Waterbury Pond Ct, Springfield, IL 62712
    2309 Waterbury Pond Ct, Springfield, IL 62712
    2309 Waterbury Pond Ct, Springfield, IL 62712
    /58

    $449,900

    • 4 Beds
    • 2.5 Baths
    • 3,507 Sq Ft

    2309 Waterbury Pond Ct, Springfield, IL 62712

    Stunning 2-story home in sought-after North Lake Shore! This beautifully maintained 4 bed/2.5 bath home features a grand 2-story foyer, vaulted ceilings, and a bright, open kitchen/living area with a cozy gas brick fireplace and built-ins. Recent updates include fresh, modern paint, new carpeting, a new water heater (2023), and a new AC unit (2024) with warranty. Energy-efficient SOLAR PANELS

    Betty Shuster RE/MAX Professionals

    2309 Waterbury Pond Ct, Springfield, IL 62712
  • 7510 Southport Ln, Springfield, IL 62711
    7510 Southport Ln, Springfield, IL 62711
    7510 Southport Ln, Springfield, IL 62711
    /67

    $495,000

    • 5 Beds
    • 2.5 Baths
    • 4,029 Sq Ft

    7510 Southport Ln, Springfield, IL 62711

    POOL, SPACE, UPDATES — this Piper Glen beauty has it ALL! 5 beds, 3.5 baths, Chatham schools, Springfield address. Wide plank LVP floors welcome you into a 2-story foyer. Lovely kitchen with granite, oak cabinets, stainless appliances & gas stove — plus a spacious peninsula for gathering! Office with built-ins, main floor laundry with outside door (perfect for pool days!), and a living room with

    Cynthia Grady The Real Estate Group, Inc.

    7510 Southport Ln, Springfield, IL 62711
  • 1901 Grist Mill Dr, Springfield, IL 62711
    1901 Grist Mill Dr, Springfield, IL 62711
    1901 Grist Mill Dr, Springfield, IL 62711
    /58

    $499,000

    • 4 Beds
    • 4 Baths
    • 4,240 Sq Ft

    1901 Grist Mill Dr, Springfield, IL 62711

    Spacious 4-Bedroom, 4-Bath Home on a Corner Lot with a 3-Car Garage! Welcome to this expansive 4-bedroom, 4-bathroom home, ideally situated on a desirable corner lot. The main floor features an open and inviting layout with generous living spaces, perfect for entertaining and everyday comfort. The well-equipped kitchen offers ample counter space and a spacious dining area. You’ll find a large

    Jan Brewer RE/MAX Professionals

    1901 Grist Mill Dr, Springfield, IL 62711
  • 808 S 2nd St, Springfield, IL 62704
    808 S 2nd St, Springfield, IL 62704
    808 S 2nd St, Springfield, IL 62704
    /51

    $450,000

    • 4 Beds
    • 5,250 Sq Ft

    808 S 2nd St, Springfield, IL 62704

    The Frederick R. Feitshans House is a 15 room, 1 full bath and 3 half bath structure. in Downtown Springfield's Old Aristocracy Hill Neighborhood. The exterior is a beautiful example of a 2 story high-style Gothic Revival Victorian. Zoned R5B. Remarkable build/renovation and approximately 5360 sqft. New roof, new on demand water heating system, new laundry in basement. The main floor level is 8

    Roni Mohan RE/MAX Professionals

    808 S 2nd St, Springfield, IL 62704
  • 2920 S Grand Ave E, Southern View, IL 62703
    2920 S Grand Ave E, Southern View, IL 62703
    /2

    $425,000

    • Land
    • 2.00 Acres
    • $212,500 per Acre

    2920 S Grand Ave E, Southern View, IL 62703

    GREAT PIECES OF LAND TO BUILD ON. THIS PARCEL IS IN A PACKAGE WITH PARCEL 22010101049

    2920 S Grand Ave E, Southern View, IL 62703
  • 3300 Winch Rd Unit 1, Springfield, IL 62707
    3300 Winch Rd Unit 1, Springfield, IL 62707
    /2

    $425,000 Coming Soon

    • 4 Beds
    • 3 Baths
    • 3,306 Sq Ft

    3300 Winch Rd Unit 1, Springfield, IL 62707

    COMING SOON - FARMHOUSE SYLE ESTATE WITH MULTIPLE OUTBUILDINGS, GENERAC GENERATOR, 4 BEDROOMS AND 3 BATHS ON 5 ACRES. PREINSPECTION & PHOTOGRAPHY TO FOLLOW

    Kyle Killebrew The Real Estate Group, Inc.

    3300 Winch Rd Unit 1, Springfield, IL 62707
Illinois Springfield

Real Estate & Homes in Springfield, IL under $500,000

Home Trends in Springfield, IL

On average, homes in Springfield, IL sell after 26 days on the market compared to the national average of 47 days. The average sale price for homes in Springfield, IL over the last 12 months is $209,088, up 8% from the average home sale price over the previous 12 months.

Home Trends

Median Price (12 Mo)
$172,375
Median Single Family Price
$171,750
Median 2 Bedroom Price
$93,450
Median 1 Bedroom Price
$54,000
Average Price Per Sq Ft
$105
Number of Homes for Sale
124
Last 12 months Home Sales
1,779
Months of Supply
0.80
Median List Price
$172,800
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
8%
How to Buy a Home How to Finance a Home How to Sell a Home

In Springfield, you'll encounter a variety of homes and houses for sale priced under $500,000, providing affordable options for potential buyers. With 7 listings available, there's a wide selection to explore, from charming bungalows to contemporary townhouses. These properties offer an opportunity to enter the real estate market or diversify your investment portfolio without exceeding your budget. Discover the range of homes for sale under 500k in Springfield, IL and find the perfect fit for your homeownership goals.

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