Choosing an asking price starts with homes genuinely similar to yours. I would rather help you understand the comparison than leave you guessing from a broad local figure.
Springfield's market report dated October 7, 2026, includes September data for single-family homes, condos, townhouses and apartments. The median list price among homes active at September's end was $689,900. The median sold price for September's completed sales was $651,000. The asking-price measurement concerns active listings, while the sale-price measurement concerns homes that sold. The difference between these medians is not a measure of negotiated discounts.
Neither townwide figure tells us what asking price fits your particular home. I would give recent sales of similar homes more weight when discussing a starting price, then consider competing listings separately. Starting with an ambitious asking price involves a tradeoff between your preferred outcome and how convincingly the home supports that price. A renovated kitchen, different layout or larger lot may affect a comparison, but an improvement's cost does not automatically translate into the same increase in value. We should identify meaningful differences instead of treating every nearby sale as equally relevant.
Prepare a list of improvements and known condition issues so our pricing conversation accounts for what a buyer will assess. Include completion dates and available documentation rather than relying on memory alone. Review recent sales of similar homes with me, focusing on size, condition and features rather than price alone. Decide what feedback would prompt a pricing discussion before you commit to the listing plan.
