Springfield Lakes Home Prices & Values

$261,100 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • -0.4% 1-year change
  • 2.7% 1-year forecast

The median home value in Springfield Lakes is $261,100. Springfield Lakes home values have declined -0.4% over the past year and Zillow predicts they will rise 2.7% within the next year. The median list price per square foot in Springfield Lakes is $152, which is higher than the Chandler average of $137. The median price of homes currently listed in Springfield Lakes is $270,000 while the median price of homes that sold is $208,000. The median rent price in Springfield Lakes is $1,295, which is lower than the Chandler median of $1,300.

Foreclosures will be a factor impacting home values in the next several years. In Springfield Lakes 3.6 homes are foreclosed (per 10,000). This is the same as the Chandler value of 3.6 and also lower than the national value of 4.4

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Relative ZHVI
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Springfield Lakes Market Overview

Data through Jul 31, 2014
  • $261,100 ZHVI
  • 2.7% 1-yr forecast What's This?  
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    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, 2015)
  • $270,000 Median listing price
  • No recent data Median sale price
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Springfield Lakes Market Health

Data through Jul 31, 2014
  • 2.6/10 Less healthy What's This?  
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    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 (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

3.6 homes(Jun 30, 2014) Springfield Lakes
3.6 homes Chandler
4.4 homes United States
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Sun Groves $270,600 Cooper Commons $238,500 Springfield $193,500
Sunbird $164,900    

Listings & Sales

Data through Jul 31, 2014
  • $152 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 48.4% Listings with price cut
29.7%
Sold below listing
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Springfield Lakes Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,415 Springfield Lakes
$1,365 Chandler
$1,318 United States
  • 2.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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