Springfield, MN housing market
The typical Springfield home is worth about $215,000, up 10.1% in a year, 39% below the Minnesota typical home.
Home values, sales, trends and how Springfield compares with the towns next door — updated as new data is published.
Springfield at a glance
Only 3 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Springfield | Minnesota |
|---|---|---|
| 2017 | $110,000 | $217,000 |
| 2018 | $112,000 | $232,000 |
| 2019 | $123,000 | $246,000 |
| 2020 | $126,000 | $259,000 |
| 2021 | $136,000 | $282,000 |
| 2022 | $153,000 | $313,000 |
| 2023 | $165,000 | $325,000 |
| 2024 | $172,000 | $331,000 |
| 2025 | $187,000 | $341,000 |
| 2026 | $210,000 | $349,000 |
| August 2026 | $215,000 | $351,000 |
3.6 years of income
The typical Springfield home costs about 3.6 years of the town's median household income, less than across Minnesota (3.9 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.