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

$350,700

  • 3.7% 1-year change
  • 2.6% 1-year forecast

The median home value in Springfield is $350,700. Springfield home values have gone up 3.7% over the past year and Zillow predicts they will rise 2.6% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In Springfield 12.6 homes are foreclosed (per 10,000). This is greater than the Madison Metro 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 Market Overview

Data through Apr 30, 2015
  • $350,700 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 recent 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)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

12.6 homes(Sep 30, 2013) Springfield
2.2 homes Madison Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Shorewood Hills $541,500
Berry $293,100
Waunakee $263,300
Name Median ZHVI
Middleton $254,600
Vienna $251,600
Town of Cross Plains $240,700
Name Median ZHVI
Roxbury $234,800
Town of Dane $206,100
Madison $190,400

Listings & Sales

  • No data
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Springfield Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,848 Springfield
    $1,436 Madison 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

  • 4.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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