Springfield Housing Information - Census

IndexSpringfieldTennesseeNational
Median home price$127,900$139,900$175,700
Median rent asked$770$757$920
Avg. people per household2.62.52.6
Owner occupied households60.5%67.1%64.4%
Renter occupied households39.5%32.9%35.6%

Springfield Housing Information - Zillow

IndexSpringfieldTennesseeNational
Zillow home value index$127,300$135,200$188,100
Year over year appreciation rate10.50%5.79%5.14%
5 year average appreciation rate3.91%2.88%4.12%
10 year average appreciation rate2.77%1.51%-0.33%

Did you know?

  • The median home price in Springfield is 27% lower than the national average.
  • The median rent asked in Springfield is 16% lower than the national average.
  • The average number of people per household in Springfield is 1% higher than the national average.
  • The number of owner occupied households in Springfield is 6% lower than the national average.
  • The number of renter occupied households in Springfield is 11% higher than the national average.

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Compare Springfield, TN Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Walnut Grove, TN318$45,80074%
Adairville, KY1,150$74,90057%
Adams, TN836$99,00044%
Cedar Hill, TN366$105,00040%
Greenbrier, TN6,550$141,70019%
Springfield, TN16,598$127,90027%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Mineral Wells, TX16,593$70,80060%
Tifton, GA16,589$131,20025%
Pecan Grove, TX16,619$180,2003%
Wolf Trap, VA16,577$834,200375%
Fairview Park, OH16,625$142,80019%
Springfield, TN16,598$127,90027%
Source: The Springfield, TN housing data displayed above is derived from the United States Census Bureau and Zillow data.