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Springfield Real Estate Market Facts

  • $73,900Median home price
    61% lower than Minnesota
  • $567Median rent asked
    35% lower than Minnesota
  • 77.0%Home owners
    8% higher than Minnesota
  • 2.2People per home
    8% lower than Minnesota

Springfield Home Affordability

  • $73,900Median home price
    61% lower than Minnesota
  • $43,145Median home income
    32% lower than Minnesota
  • 1.7xHome price to income ratio
    43% lower than Minnesota

Springfield Affordability Calculator

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Springfield Mortgage Calculator

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Springfield Demographics

  • 2,016Population
  • 1,116People / sq mile
  • 45.7Median age
  • 1.0:1Male/Female ratio

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Cobden, MN17$0100%
Darfur, MN115$27,10085%
Clements, MN168$33,30082%
Jeffers, MN374$40,90078%
Sanborn, MN282$50,40073%
Springfield, MN2,016$73,90060%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Stevensville, MT2,016$160,10013%
Mountain Lake, MN2,016$67,70063%
Belvedere, CA2,017$2,000,001983%
San Pasqual, CA2,017$806,500337%
Bellerose Terrace, NY2,017$384,400108%
Springfield, MN2,016$73,90060%
Source: The Springfield, MN housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).