Home Values

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

$106,900

  • -0.5% 1-year change
  • 2.6% 1-year forecast

The median home value in Springfield is $106,900. Springfield home values have declined -0.5% over the past year and Zillow predicts they will rise 2.6% within the next year. The median rent price in Springfield is $575, which is lower than the Springfield Metro median of $589.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Springfield is 2.3%, which is lower than the national value of 6.3%.

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Relative ZHVI
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Springfield Market Overview

Data through Apr 30, 2015
  • $106,900 ZHVI
  • 2.6% 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
    (Apr 30, 2016)
  • No data Median listing price
  • No data Median sale price
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Springfield Market Health

Data through Apr 30, 2015
  • No recent data
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • 2.3% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Nearby Cities

Name Median ZHVI
Ozark $220,100
Battlefield $126,600
Bois D Arc $124,700
Name Median ZHVI
Strafford $121,200
Ash Grove $119,600
Willard $118,900
Name Median ZHVI
Republic $111,400
 
 

Listings & Sales

  • No data
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Springfield Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $800 Springfield
    $805 Springfield Metro
    $1,364 United States

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

  • No data Breakeven horizon
  • $575 Rent list price
  • $0.61 Rent list price / sq ft
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