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Springfield Real Estate Market

Housing
B
Based on home values, property taxes, housing costs, local schools, and more.
Area Feel
Dense Suburban
Rent vs. Own
  • Rent
    38%
  • Own
    62%
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Real Estate Costs

Median Home Value
$125,600
National
$184,700
Home Values
  • <$50k
    12%
  • $50-$99k
    26%
  • $100-$199k
    39%
  • $200-$399k
    18%
  • $400-$749k
    4%
  • $750k+
    1%
Median Rent
$765
National
$949
Monthly Rent
  • <$500
    15%
  • $500-$999
    65%
  • $1,000-$1,499
    17%
  • $1,500-$1,999
    2%
  • $2,000+
    1%
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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Homes in Springfield have a median value of $125,600. The median rent price in Springfield is $765 and most residents own their homes. Springfield is walkable, and there are a lot of bars, restaurants, and parks nearby.
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