Is Springfield, LA 70462 a buyer’s or seller’s market?

The Springfield housing market right now

In the three months ending August 31, 2026, 13% of homes in Springfield, LA 70462 sold above their list price, the typical home went under contract in 81 days and there were 3.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 39 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 11%, homes sold faster (87 days then) and the median sale price fell 22% to $234,349. Overall, Springfield is more competitive than a year ago, so tougher for buyers.

Within Livingston Parish, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell more often over asking than in 63%. On our competition score, Springfield ranks #63 of 160 LA ZIP codes with enough sales (score 31 out of 100).

Nearby, buyers who want less competition could look at Holden 70744 (0% sold over asking) or French Settlement 70733 (0% sold over asking), while Denham Springs 70706 (22% sold over asking) and Walker 70785 (18% sold over asking) are even more competitive.