Why is Springfield, IL land for sale attractive to buyers?

Springfield, IL land for sale is attractive because it provides affordable opportunities for custom home building, farming, and commercial development in a centrally located capital city.

What types of Springfield, IL land for sale are available?

Options include residential lots, farmland, commercial parcels, and undeveloped acreage. Buyers can choose from small city lots to large tracts on the outskirts of Springfield.

Is Springfield, IL land for sale a good investment?

Yes. Springfield land is considered a solid investment due to its affordability, steady demand, and potential for residential, retail, and industrial growth in central Illinois.

Where are the best areas to find Springfield, IL land for sale?

Top areas include West Side Springfield for suburban homes, downtown for commercial development, and outer areas for farmland or larger acreage properties.

Can I build a custom home on Springfield, IL land for sale?

Yes. Many residential lots in Springfield are perfect for custom homes, but buyers should check zoning laws, utility connections, and building regulations first.

What should buyers consider before purchasing Springfield, IL land for sale?

Important factors include zoning rules, soil quality, water and utility access, and nearby development plans that may affect long-term value.

Does Springfield, IL land for sale include agricultural opportunities?

Yes. Springfield offers farmland suitable for crops like corn and soybeans, making it appealing for both local farmers and long-term investors.

Melissa Dowson Vorreyer

Springfield, IL Land for Sale

Build the home of your dreams with land for sale in Springfield, IL, with Melissa Vorreyer.

Land Listings for Sale in Springfield. IL

Price

Living Area

For Sale

MLS® CA1034086

Map of Homes for Sale in Springfield, IL

For Sale

Springfield Housing Market Trends

What is the housing market like in Springfield today? In July 2025, Springfield home prices were up 21.2% year-over-year, with a median sale price of $198,748. This remarkable growth shows how quickly the market is strengthening and underscores Springfield’s appeal as an affordable yet appreciating market. Homes are also selling faster, spending a median of 8 days on the market compared to 10 days last year, while sales volume remained steady at 148 homes sold. Together, these trends signal strong demand and continued confidence in Springfield real estate.

$198,748

Median Sale Price

148

Number of Homes Sold

8

Median Days on Market

What This Means for Buyers

For buyers, Springfield land for sale offers an affordable opportunity to build a dream home or invest in property compared to higher-priced metro areas. Even with appreciation in the housing market, land remains an accessible entry point. Acting quickly with the guidance of a local agent ensures buyers can secure desirable lots before availability becomes more limited.
What This Means for Sellers

For landowners, the current market presents excellent conditions to list. Rising property values and steady demand mean parcels are moving quickly, and competitive interest can drive favorable pricing. Selling land in Springfield today allows owners to maximize equity and take advantage of a strong market cycle.
What This Means for Investors

For investors, Springfield land for sale represents both immediate and long-term opportunity. With rapid growth in the housing market, demand for buildable lots is increasing, creating strong resale and development potential. Springfield’s affordability, central location, and consistent population growth make land investments a smart strategy for those seeking sustainable wealth building.

Springfield, IL Land Real Estate FAQs

Springfield, IL land for sale appeals to buyers because it offers affordable opportunities for custom home building, agricultural use, and commercial development in a centrally located capital city.

Buyers can find residential lots, farmland, commercial parcels, and undeveloped acreage. Options range from small infill lots near downtown to large tracts on the city’s outskirts.

Yes, Springfield land is a strong investment thanks to its affordability, steady population, and ongoing demand for residential, retail, and industrial growth in central Illinois.

Desirable areas include West Side Springfield for suburban development, downtown for commercial use, and outlying areas for farmland or larger acreage properties.

Yes, many residential lots in Springfield are ideal for building custom homes. Buyers should check local zoning, utility access, and building regulations before starting construction.

Buyers should evaluate zoning restrictions, soil quality, access to water and utilities, and future development plans in the surrounding area.

Yes, Springfield has fertile farmland for sale that supports crops like corn and soybeans. These agricultural parcels are popular with both local farmers and long-term investors.

Springfield, IL Area Overview

Lifestyle and Community

Springfield is known for its welcoming spirit, blending urban amenities with small-town warmth. Residents enjoy locally owned restaurants, cultural festivals, and a vibrant arts scene. For buyers exploring Springfield, IL land for sale, the variety of neighborhoods provides options ranging from quiet, tree-lined streets to centrally located districts full of activity.
Economy and Stability

As the state capital, Springfield benefits from steady employment in government, healthcare, and education. This stable foundation fuels consistent demand for housing and land, making the area appealing for buyers, sellers, and investors alike. Owning land here positions you in a market backed by long-term economic resilience.
Education and Families

With strong public schools, private academies, and nearby universities, Springfield continues to attract families. Purchasing Springfield, IL land for sale gives buyers the opportunity to build near quality educational institutions, adding long-term appeal and value to their investment.
Recreation and Outdoors

Lake Springfield, local parks, and extensive trail systems offer year-round opportunities for outdoor living. Land near recreational areas is especially desirable, giving buyers the flexibility to design homes that blend active lifestyles with the beauty of nature.
Location and Access

Springfield’s central location in Illinois provides easy access to Chicago, St. Louis, and other regional hubs. This connectivity adds convenience for commuters and investors, while enhancing the desirability of Springfield, IL land for sale for both residential and future development purposes.
Land Market Outlook

The Springfield land market is thriving, with affordability and strong appreciation trends creating opportunity. Whether you’re a buyer building a dream home, a seller taking advantage of rising values, or an investor planning long-term growth, Springfield, IL land for sale offers a promising path forward.

Get to Know Us

Meet Melissa Dowson Vorreyer

The Melissa Dowson Vorreyer Sales Team of Re/Max Professionals is the #1 Remax Team in the Midwest Region. She and her reliable and highly recommended team of Brokers have over 130 years of combined real estate experience. More than any of the other realtors in Springfield IL.

Whether you’re buying or selling, this dynamic team of Springfield IL realtors promises to deliver the best service and marketing available. Each of us are certified Re/Max Realtors and thus belong to one of the best realty franchises in the nation. We are highly motivated and work hard to deliver results for our customers.

Learn More