Springfield School District Market Report – May 22, 2026

According to The Cyr Team's weekly market analysis, Springfield School District has 16 homes available, median price $524,500, a median of 23 days on market. 50% of listings have price reductions. Buyers have negotiation opportunities in this balanced market. Expert local analysis from The Cyr Team.

Springfield School District Market Report

Delaware County, Pennsylvania | May 22, 2026

Market Action Index

How’s the Springfield market? This index compares buyer vs. seller conditions.

Market Action Index: 79 - Seller's Market

Seller Tip: Low inventory (0.7 months) means well-priced homes attract serious buyers quickly.

Market Analysis

According to The Cyr Team’s weekly market analysis, the Springfield School District currently has **16 active listings** with a **median price** of **$524,500** and an **average price** of **$530,462**. The homes in this area range from **$264,900** to **$789,900**, indicating a diverse market that can cater to a variety of buyers. Additionally, properties are moving quickly with a median of **23 days on market**, reflecting a robust demand for Springfield real estate. In terms of market conditions, Springfield is experiencing a seller’s market characterized by a low months of inventory at just **0.74 months**.

This figure suggests that homes are selling faster than they can be replaced in the market, giving sellers a competitive edge. Notably, **50% of listings** have undergone price reductions, which may indicate some sellers are adjusting their expectations in response to buyer feedback, but overall, the market remains tight. For buyers in Springfield, the current low inventory presents both challenges and opportunities. To capitalize on this dynamic market, we recommend acting swiftly and being prepared to make competitive offers.

For sellers, now is an ideal time to list your property given the favorable market conditions. As your local Springfield real estate experts with The Cyr Team, we can help you understand exactly how these market conditions apply to your specific situation—whether you’re buying or selling. “The current low inventory in Springfield means that buyers need to be decisive and ready to act quickly, as we are seeing strong interest in homes for sale. This is an opportune time for sellers to take advantage of the favorable market conditions.” – Vincent Cyr, The Cyr Team

What Did Springfield Homeowners Gain in 2025?

We tracked $1.74 billion in appreciation across 2,418 communities. See exactly how your neighborhood performed — real transaction data, not estimates.

Frequently Asked Questions – Springfield Real Estate

What is the current median home price in Springfield?

According to The Cyr Team’s May 2026 market analysis, the median home price in Springfield School District is $524,500, with homes ranging from $264,900 to $789,900.

How long do homes stay on the market in Springfield?

According to The Cyr Team’s market data, homes in Springfield currently have a median of 23 days on market. Well-priced properties often sell faster than this median.

What townships and neighborhoods are in Springfield School District?

Springfield School District includes Springfield Township, Morton Borough.

Is Springfield a buyer’s or seller’s market?

According to The Cyr Team’s weekly market analysis, with 16 active listings and $524,500 median price, 50% of listings have had price reductions, which indicates negotiation opportunities for buyers.

Who are the local real estate experts in Springfield?

The Cyr Team (Vincent and Jane Cyr) has completed 400 transactions across Chester, Delaware, Montgomery, and New Castle Counties since 2009, including 6 sales in Springfield School District. Our extensive regional experience gives us insight into Springfield’s market dynamics. Contact The Cyr Team at vcyr@thecyrteam.com for expert guidance.

The Cyr Team’s Experience in Springfield

According to our transaction records, The Cyr Team has completed 400 transactions across Chester County, Delaware County, Montgomery County, and New Castle County since 2009, including 6 sales in Springfield School District. Our extensive regional experience and active market monitoring give us valuable insights into Springfield’s unique market dynamics.

Communities in Springfield:
Springfield Township • Morton Borough

What Our Clients Say

“We wanted to get into a better school district for our three boys, so we engaged them to help us find a new home in the uber-competitive areas of Garnet Valley, Chadds Ford, or West Chester. I honestly thought we’d be house hunting for the better part of a year, but Vince and Jane were able to find us a new place and get us in within 3-4 months. I always felt confident they had our best interests in mind.”

— Brittany B.

“The Cyr Team is deeply knowledgeable of Delaware and Chester Counties… He treated every home that we toured with great respect and did an amazing job of talking us through each home, the value/price of the home and area and did a lot to protect us during the process.”

— Sean C.

“We had more showings and offers than we could have imagined and received well over asking price. Vince & Jane were top notch in every way from strategy to staging to assisting in the post-contract action items.”

— Andy R.

★★★★★

100+ Five-Star Reviews from satisfied clients across Chester, Delaware, Montgomery, and New Castle Counties

Thinking About Selling in Springfield?

I’ll send you a custom appreciation report for your specific neighborhood — what sellers gained, how fast homes sold, and how you compare to the district.

Email your address to vcyr@thecyrteam.com
or call 484-259-7910

Local News & Community Updates


There’s an Owner Now for the Delco Shack but He Won’t be Living There

Link: https://delco.today/2026/05/delco-shack-springfield-vaccone/

The Delco Shack in Springfield now has a new owner who does not plan to reside there, signaling potential changes in property use that could impact local real estate dynamics and community character.


DELCO
• 05/20/2026


Crozer-Chester Medical Center and Springfield Hospital head to auction block

Link: https://whyy.org/articles/crozer-chester-medical-springfield-hospital-auction/

The auction of Crozer-Chester Medical Center and Springfield Hospital highlights significant shifts in healthcare assets, affecting employment and residential desirability in Springfield Township.


WHYY


Community spirit shines at 106th Springfield Township St. Patrick’s Day Parade

Link: https://6abc.com/post/community-spirit-shines-106th-springfield-township-st-p…

Springfield Township’s 106th St. Patrick’s Day Parade showcases strong community spirit, enhancing neighborhood appeal and sense of belonging, key factors for homebuyers valuing vibrant local culture.


6ABC PHILADELPHIA


Prospect inks deal to sell two shuttered Pennsylvania hospitals for $13M

Link: https://www.healthcaredive.com/news/prospect-sell-two-crozer-hospitals-13-mil…

Prospect’s $13M deal to sell two shuttered Pennsylvania hospitals, including Springfield facilities, reflects ongoing healthcare restructuring that may influence property values and redevelopment opportunities in Delaware County.


HEALTHCARE DIVE
• 09/29/2025

Have questions about this market?
Call Vincent directly at 484-259-7910 — happy to talk through what this data means for your situation.

Key Market Statistics

According to The Cyr Team’s weekly market analysis of Springfield School District:

Active Listings
16

Median Price
$524,500

Average Price
$530,462

Median Days on Market
23 days

Price Range

According to The Cyr Team’s analysis of current Springfield listings:

Lowest Price:
$264,900
Median Price:
$524,500
Highest Price:
$789,900

Looking to Buy in Springfield?

Not all neighborhoods perform equally. Before you make an offer, see which Springfield neighborhoods have the strongest appreciation track records.

Market Activity

According to The Cyr Team’s weekly market analysis:

Price Reductions: 8 homes (50%)

Median Days on Market: 23 days

Ready to Make a Move in Springfield?

Questions? Call 484-259-7910
or email vcyr@thecyrteam.com

Data Source: Courtesy of Bright MLS. All information deemed reliable but not guaranteed. Property information should be independently verified.