Springfield Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$38,600

  • 3.8% 1-year change
  • 4.4% 1-year forecast

The median home value in Springfield is $38,600. Springfield home values have gone up 3.8% over the past year and Zillow predicts they will rise 4.4% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In Springfield 27.6 homes are foreclosed (per 10,000). This is greater than the Dayton value of 11.0 and also greater than the national value of 3.6

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Relative ZHVI
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Springfield Market Overview

Data through Jul 31, 2015
  • $38,600 ZHVI
  • 4.4% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jul 31, 2016)
  • No data Median listing price
  • No data Median sale price
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Springfield Market Health

Data through Jul 31, 2015
  • 8.1/10 Very healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • No data Homes with negative equity (15.4% US Avg)
  • No data Delinquent on mortgage (6.0% US Avg)

Homes foreclosed (per 10,000)

28(Jan 31, 2014) Springfield
11 Dayton
4 United States
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Nearby Neighborhoods

Name Median ZHVI
Hearthstone $60,700
Linden Heights $57,200
Walnut Hills $54,900
Name Median ZHVI
Historic Inner East $49,200
Eastern Hills $48,100
Wright View $47,900
Name Median ZHVI
Twin Towers $41,400
Old North Dayton $39,500
Burkhardt $38,400

Listings & Sales

  • No data
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Springfield Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $638 Springfield
    $678 Dayton
    $1,376 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 0.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • No data Rent list price
  • No data Rent list price / sq ft
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