Is Springfield Center, NY 13468 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Springfield Center is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list103.7%Sold price ÷ list price
Median days on market33Listing to accepted offer
Median price per sq ft$185

The Springfield Center housing market right now

In the three months ending August 31, 2026, 50% of homes in Springfield Center, NY 13468 sold above their list price, the typical home went under contract in 33 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.

Within Otsego County, homes here sell faster than in 68% of the county’s ZIP codes, and sell more often over asking than in 77%.

Nearby, buyers who want less competition could look at Otego 13825 (0% sold over asking) or Milford 13807 (0% sold over asking), while East Worcester 12064 (100% sold over asking) and Morris 13808 (60% sold over asking) are even more competitive.

Nearby markets

Burlington Flats 13315Buyer’s market $198 /sq ftCherry Valley 13320Buyer’s market $126 /sq ftCooperstown 13326Buyer’s market $240 /sq ftEast Springfield 13333 — /sq ft Browse all markets →

Where Springfield Center is

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Questions about Springfield Center real estate

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

A buyer’s market: there were 8 months of supply in Springfield Center, NY 13468 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Springfield Center?

The typical home went under contract in 33 days in the latest three months.

Do homes in Springfield Center sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 103.7% of the list price.

What are property taxes in Springfield Center?

About 1.70% of a home’s value a year in Otsego County, or roughly $6,800 on a $400,000 home.

What is the median home price in Springfield Center?

The median sale price was $317,363 in the three months ending August 31, 2026, about $185 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology