Home Values

Springfield Lakes 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

$273,400

  • 4.8% 1-year change
  • 2.9% 1-year forecast

The median home value in Springfield Lakes is $273,400. Springfield Lakes home values have gone up 4.8% over the past year and Zillow predicts they will rise 2.9% within the next year. The median list price per square foot in Springfield Lakes is $164, which is higher than the Chandler average of $139. 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 $1,350.

Foreclosures will be a factor impacting home values in the next several years. In Springfield Lakes 4.1 homes are foreclosed (per 10,000). This is greater than the Chandler value of 2.2 and also greater than the national value of 3.9

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Relative ZHVI
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Springfield Lakes Market Overview

Data through Feb 28, 2015
  • $273,400 ZHVI
  • 2.9% 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
    (Feb 29, 2016)
  • $270,000 Median listing price
  • No recent data Median sale price
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Springfield Lakes Market Health

Data through Feb 28, 2015
  • No recent data
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

4.1 homes(Sep 30, 2014) Springfield Lakes
2.2 homes Chandler
3.9 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Sun Groves $266,300
Cooper Commons $235,800
Springfield $186,800
Name Median ZHVI
Sunbird $159,800
 
 

Listings & Sales

Data through Feb 28, 2015
  • $164 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 32.3% Listings with price cut
29.7%
Sold below listing
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Springfield Lakes Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,417 Springfield Lakes
    $1,374 Chandler
    $1,355 United States

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

  • 1.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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