Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Springfield area can be challenging. Home prices in Springfield are now at a median cost of $142,594, lower than the Florida average of $278,762.
The average cost of rent is $1,060/mo in Springfield, primarily driven by the current value of real estate in the Springfield area. While nearly 50.17% of residents own their homes outright in Springfield, 34.59% rent.
Housing affordability isn’t just about home prices, though. The average household income in Springfield is $4,184 per month. Households that rent pay about 25.33% of their income on rent here. Springfield's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Parker, FL: equally priced homes
- Callaway, FL: higher priced homes
- Panama City, FL: higher priced homes
- Lynn Haven, FL: higher priced homes
- Pretty Bayou, FL: higher priced homes
- Tyndall AFB, FL: higher priced homes
- Southport, FL: higher priced homes
- Upper Grand Lagoon, FL: higher priced homes
- Lower Grand Lagoon, FL: higher priced homes
- West Bay, FL: higher priced homes
Cities with Similar Populations
- Waynesville, OH: higher priced homes
- Brookville, OH: higher priced homes
- Brownfield, TX: less expensive homes
- Bunker Hill, WV: higher priced homes
- Bushkill, PA: equally priced homes
- Washingtonville, NY: higher priced homes
- Waterloo, NY: less expensive homes
- Watford City, ND: higher priced homes
- Waynesboro, MS: less expensive homes
- Brookdale, NJ: higher priced homes
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