Housing · Springfield

Springfield, NE housing market

The typical Springfield home is worth about $468,000, up 4.9% in a year, 67% above the Nebraska typical home.

Home values, sales, trends and how Springfield compares with the towns next door — updated as new data is published.

The market right now

Springfield at a glance

Typical home value
$468K
▲ 4.9% in a year · Zillow
Median sale price
$443K
May 2026 · Redfin
Homes sold
1
in May · 1 for sale

Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

Ten-year trend

Typical home value, 2016–2026

SpringfieldNebraska
$150K$200K$250K$300K$350K$400K$450K$500K 20182020202220242026 Springfield $468K Nebraska $281K
Show as a table
JanuarySpringfieldNebraska
2017$250,000$157,000
2018$269,000$167,000
2019$284,000$176,000
2020$302,000$187,000
2021$336,000$205,000
2022$365,000$227,000
2023$400,000$248,000
2024$429,000$259,000
2025$448,000$270,000
2026$463,000$278,000
August 2026$468,000$281,000
New construction

5 new homes permitted in 2025

Builders were permitted 5 new homes in Springfield in 2025, all single-family houses, worth about $1.9 million to build. That's 3.1 per 1,000 residents, slower than across Nebraska (5.7). Over the past 10 years, Springfield has permitted 140 homes in all.

New homes, 2025
5
4 in 2024
2026 so far
1
Jan–Aug
Per 1,000 residents
3.1
Nebraska: 5.7
Single-family
100%
of 2025’s new homes
Single-familyTwo or more homes per building2026 so far
0102030 2000: 10 homes 2000 2001: 10 homes 2002: 11 homes 2003: 15 homes 2004: 12 homes 2005: 24 homes 2005 2006: 8 homes 2007: 5 homes 2008: 2 homes 2009: 4 homes 2010: 4 homes 2010 2011: 4 homes 2012: 4 homes 2013: 3 homes 2014: 5 homes 2015: 7 homes (3 single-family, 4 in buildings with 2+ homes) 2015 2016: 4 homes 2017: 8 homes 2018: 29 homes 2019: 19 homes 2020: 22 homes 2020 2021: 26 homes 2022: 19 homes 2023: 4 homes 2024: 4 homes 2025: 5 homes 2025 2026 so far: 1 home

Homes vs. people, 2010–2020

Residents−28
New homes+87

Between the 2010 and 2020 censuses, Springfield's population fell by 28 even though 87 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Nebraska: 1.8 new residents per new home.

Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.

Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)110$248,000
2025550$1.9 million
2024440$1.1 million
2023440$1 million
202219190$4.4 million
202126260$6.3 million
202022220$6.2 million
201919190$5.2 million
201829290$7.5 million
2017880$2 million
2016440$785,000
2015734$1.1 million
2014550$1.1 million
2013330$663,000
2012440$682,000
2011440$822,000
2010440$1 million
2009440$613,000
2008220$402,000
2007550$1.1 million
2006880$1.6 million
200524240$4.6 million
200412120$2.2 million
200315150$3.2 million
200211110$2.5 million
200110100$2 million
200010100$940,000

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

Affordability

5 years of income

The typical Springfield home costs about 5 years of the town's median household income, more than across Nebraska (3.7 years).

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
70%
Nebraska: 66.5%
Median tax bill
$3,788
Nebraska: $3,549
Median rent
$1,288
Nebraska: $1,072
Typical home built
1976
Nebraska: 1975

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,480

HUD's Fair Market Rent for a two-bedroom in Springfield is $1,480 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Springfield pay a median of $1,288, so moving in tends to cost more than staying put. A two-bedroom takes about 19% of the town's median household income.

1 bedroom
$1,240
a month, with utilities
2 bedrooms
$1,480
a month, with utilities
3 bedrooms
$1,960
a month, with utilities
Share of income
19%
2 bedrooms ÷ median income

Studio $1,180 · 4 bedrooms $2,210

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (68059; Omaha-Council Bluffs, NE-IA HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

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. 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.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01