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 $145,526, lower than the Kentucky average of $164,895.
The average cost of rent is $608/mo in Springfield, primarily driven by the current value of real estate in the Springfield area. While nearly 43.87% of residents own their homes outright in Springfield, 27.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in Springfield is $4,582 per month. Households that rent pay about 13.28% of their income on rent here. Springfield's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- St. Catharine, KY: higher priced homes
- Valley Hill, KY: higher priced homes
- Jimtown, KY: less expensive homes
- Cisselville, KY: higher priced homes
- Thompsonville, KY: less expensive homes
- Texas, KY: equally priced homes
- Fredericktown, KY: equally priced homes
- Litsey, KY: less expensive homes
- Croakes, KY: equally priced homes
- Nerinx, KY: less expensive homes
Cities with Similar Populations
- Charlotte, TN: higher priced homes
- Clinton, MI: higher priced homes
- Clifton, AZ: less expensive homes
- Clearwater, KS: higher priced homes
- Clear Spring, MD: higher priced homes
- Clear Lake, MN: higher priced homes
- Cle Elum, WA: higher priced homes
- Clayton, IN: higher priced homes
- Clay Center, KS: less expensive homes
- Clatskanie, OR: higher priced homes
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