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 $296,632, higher than the Wisconsin average of $220,185.
The average cost of rent is $901/mo in Springfield, primarily driven by the current value of real estate in the Springfield area. While nearly 30.73% of residents own their homes outright in Springfield, 17.81% rent.
Housing affordability isn’t just about home prices, though. The average household income in Springfield is $7,565 per month. Households that rent pay about 11.91% of their income on rent here. Springfield's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Lyons, WI: equally priced homes
- Lake Geneva, WI: less expensive homes
- Como, WI: less expensive homes
- Slades Corner, WI: higher priced homes
- Bowers, WI: equally priced homes
- Pell Lake, WI: less expensive homes
- Honey Creek, WI: higher priced homes
- Burlington, WI: less expensive homes
- Zenda, WI: higher priced homes
- Fontana, WI: higher priced homes
Cities with Similar Populations
- Seman, AL: higher priced homes
- Lenore, WV: less expensive homes
- Long Branch, TX: less expensive homes
- Red Mesa, AZ: less expensive homes
- Riceland, OH: less expensive homes
- Riga, MI: less expensive homes
- Rocky Comfort, MO: less expensive homes
- Rork, LA: less expensive homes
- Russell Gardens, NY: higher priced homes
- Saddle Rock, NY: higher priced homes
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