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 $75,699, lower than the Maine average of $243,042.
The average cost of rent is $631/mo in Springfield, primarily driven by the current value of real estate in the Springfield area. While nearly 66.96% of residents own their homes outright in Springfield, 8.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in Springfield is $3,363 per month. Households that rent pay about 18.75% of their income on rent here. Springfield's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Prentiss, ME: equally priced homes
- Lee, ME: higher priced homes
- Winn, ME: higher priced homes
- Molunkus, ME: equally priced homes
- Kingman, ME: equally priced homes
- Mattawamkeag, ME: less expensive homes
- Topsfield, ME: higher priced homes
- Lincoln Center, ME: higher priced homes
- South Woodville, ME: higher priced homes
- Burlington, ME: higher priced homes
Cities with Similar Populations
- Meadowlands, PA: higher priced homes
- Rice Hill, OR: higher priced homes
- Reform, MS: higher priced homes
- Redfox, KY: less expensive homes
- Raywood, TX: higher priced homes
- New Point, GA: higher priced homes
- New Bethel, TN: higher priced homes
- Morris, IN: higher priced homes
- Monmouth, IA: higher priced homes
- Miller, IA: higher priced homes
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