A typical Springfield home is worth roughly $134,000
Builders were permitted 2 new homes in 2025.
What stands out about housing in Springfield
A typical home costs 2.8 years of income
Less than across Colorado (5.6 years). Try your own numbers below.
That covers a typical Springfield home, with $67K to spare.
A two-bedroom rents for about $970 a month here, $220 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Springfield’s typical property tax (0.39% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $970
Renters already here pay a median of $588, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Baca County, CO): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
2 new homes permitted in 2025
Builders were permitted 2 new homes in Springfield in 2025, all single-family houses. That's 1.4 per 1,000 residents, slower than across Colorado (6.9). Over the past 10 years, Springfield has permitted 39 homes in all.
Between the 2010 and 2020 censuses, Springfield's population fell by 126 even though 8 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Colorado: 2.5 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 1 | 1 | 0 | $268,000 |
| 2025 | 2 | 2 | 0 | $535,000 |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 3 | 3 | 0 | $260,000 |
| 2022 | 26 | 4 | 22 | $4.8 million |
| 2021 | 3 | 3 | 0 | $261,000 |
| 2020 | 1 | 1 | 0 | $145,000 |
| 2019 | 3 | 3 | 0 | $342,000 |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 1 | 1 | 0 | $209,000 |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 2 | 0 | 2 | $150,000 |
| 2010 | 2 | 0 | 2 | $150,000 |
| 2009 | 1 | 1 | 0 | $100,000 |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 1 | 1 | 0 | $144,000 |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 1 | 1 | 0 | $159,000 |
| 2004 | 1 | 1 | 0 | $229,000 |
| 2003 | 2 | 2 | 0 | $250,000 |
| 2002 | 0 | 0 | 0 | — |
| 2001 | 1 | 1 | 0 | $160,000 |
| 2000 | 1 | 1 | 0 | $170,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
68% of Springfield households own their home
Half of Springfield’s homes were built before 1966.
Colorado: 66% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Neighbors talk housing
What Springfield buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.