
Home Price Key
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 $341,741, higher than the Pennsylvania average of $222,630.
The average cost of rent is $1,422/mo in Springfield, primarily driven by the current value of real estate in the Springfield area. While nearly 35.97% of residents own their homes outright in Springfield, 6.94% rent.
Housing affordability isn’t just about home prices, though. The average household income in Springfield is $10,377 per month. Households that rent pay about 13.71% of their income on rent here. Springfield's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Morton, PA: less expensive homes
- Clifton Heights, PA: less expensive homes
- Rutledge, PA: less expensive homes
- Drexel Hill, PA: less expensive homes
- Primos, PA: less expensive homes
- Holmes, PA: less expensive homes
- Swarthmore, PA: less expensive homes
- Aldan, PA: less expensive homes
- Folsom, PA: less expensive homes
- Glenolden, PA: less expensive homes
Cities with Similar Populations
- Edgewater, CO: higher priced homes
- Steubenville, OH: less expensive homes
- Flushing, MI: less expensive homes
- Farmington, NM: less expensive homes
- Farmington, MO: less expensive homes
- Ennis, TX: less expensive homes
- Enfield, CT: less expensive homes
- Emporia, KS: less expensive homes
- El Sobrante, CA: higher priced homes
- El Dorado, AR: less expensive homes
All Local Stats
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