What You Can Buy in Springfield Between $500K–$1M
Looking to buy a standout home in Central Illinois without breaking the bank? In Springfield, $500,000 to $1 million goes a long way. Whether you're dreaming of a home near a golf course, a beautifully preserved historic estate, or a spacious modern residence on acreage, the capital city offers rare value across its premier neighborhoods.
Here’s a look at what this price range unlocks in Springfield’s most desirable locations.
5704 Kelley Point Drive — $535,000

This meticulously maintained home is nestled right against Centennial Park with no backyard neighbors. Open layout, hardwood flooring, custom kitchen, stacked stone fireplace, and a finished lower level perfect for entertaining. Includes New Berlin Schools and quiet west-side living.
1621 Wiggins Avenue — $750,000
4 BD | 4 BA | 6,427 Sq. Ft. | Washington Park Corridor
This gracious home is just steps from Washington Park and offers formal spaces, an updated kitchen, covered patio, bright sunroom, and hardwood floors. It balances elegance with functionality—perfect for both entertaining and everyday living.
1617 W Leland Avenue — $775,000
5 BD | 4 BA | 5,068 Sq. Ft. | Steps from Washington Park
This extensively renovated Colonial features a chef’s kitchen with Subzero and Wolf appliances, a heated sunroom, multiple entertaining zones, and original hardwood charm. All located just moments from Washington Park and Illini Country Club.
4901 Wildcat Run — $875,000
4 BD | 4 BA | 7,085 Sq. Ft. | Panther Creek Golf Course
Sitting on the 10th tee of Panther Creek, this 7,000+ sq ft home offers a theater room, wet bar, copper sink, home office, fitness room, and open plan kitchen with oversized island and walk-in pantry. Includes 3.5-car garage, golf cart access, and amazing sunset views.
2412 Old Beardstown Road — $950,000
5 BD | 5 BA | 5,014 Sq. Ft. | 5.47 Private Acres
Sprawled across over 5 acres, this estate features a large primary suite, gas fireplace, outdoor stone fireplace, third-floor loft, gourmet kitchen, and both attached and detached garages. Luxury, privacy, and space—just minutes from Springfield.
Final Thoughts
From parkside classics to country club estates and serene acreage homes, Springfield offers exceptional value in the $500K–$1.5M price range. If you're considering buying in Springfield, let The Melissa Dowson Vorreyer Sales Team help you discover the perfect match.