Need for more housing on the rise as population increases, homes sell fast in Springfield

Even with mortgage rates at more than seven percent, Ohio is a top region for fastest property sales.

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As reported on News Center 7, Springfield is one of the top five fastest-selling markets in the County.

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Sunny Dhingra owns Always Sunny Real Estate in Springfield and says that the Springfield real estate scene is one of the hottest in the country.

“If it is the correctly priced and a good home in a good neighborhood, it’s gone,” Dhingra said.

A recent study by Premier Online Marketing says on average, homes in the city are selling in 30 days.

Dhingra, who is the former chair of the Greater Springfield Partnership, says the city has gone from one of the most affordable in the nation to a hotbed for high-end industrial jobs, bringing the need for housing with it.

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