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Springfield
  • City in Illinois

Springfield Real Estate Market

About Springfield Real Estate

Housing
grade B
Based on home values, property taxes, housing costs, local schools, and more.
Area Feel
Dense Suburban
Rent vs. Own
  • Rent
    37%
  • Own
    63%
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Real Estate Costs

Median Home Value
$131,300
National
$229,800
Home Values
  • <$50k
    9%
  • $50-$99k
    26%
  • $100-$199k
    39%
  • $200-$399k
    21%
  • $400-$749k
    4%
  • $750k+
    0%
Median Rent
$820
National
$1,096
Monthly Rent
  • <$500
    12%
  • $500-$999
    62%
  • $1,000-$1,499
    20%
  • $1,500-$1,999
    4%
  • $2,000+
    2%
34%
of residents say housing is affordable. 35 responses

Home Quality

Poll
43%
of residents say the exterior quality of homes is good or excellent. 35 responses
Poll
40%
of residents say the interior quality of homes is good or excellent. 35 responses
43%
of residents say there is a good variety of homes. 35 responses
67%
of residents say there are a few vacant or abandoned properties here and there. 33 responses
46%
of residents say that parking is readily available. 35 responses

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Overview

Homes in Springfield have a median value of $131,300. The median rent price in Springfield is $820 and most residents own their homes. Springfield is walkable, and there are a lot of bars, restaurants, and parks nearby.

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