A typical Springfield home is worth roughly $221,000
A typical home costs 3.5 years of income
About the same as across Ohio. Try your own numbers below.
That covers a typical Springfield home, with $14K to spare.
A two-bedroom rents for about $1,000 a month here, $360 less than owning.
How Springfield ranks on affordability →
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Springfield’s typical property tax (1.10% 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 $1,000
Renters already here pay a median of $1,255.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Youngstown-Warren, OH MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
77% of Springfield households own their home
Half of Springfield’s homes were built before 1979.
Ohio: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Springfield vs. its neighbors
Springfield is the 4th least expensive of 7 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Springfield | $221K* | — | $1,000 | — | $62,348 |
| Poland | $258K | +4.3% | $1,040 | — | $94,563 |
| Beaver | $268K* | +8.5%† | $1,010 | — | $96,505 |
| North Lima | $309K | +4.7% | $1,030 | — | $102,759 |
| Unity | $146K* | −3.9%† | $1,030 | — | $51,930 |
| North Beaver | $175K* | — | $1,040 | 8 | $70,828 |
| Petersburg | $180K | +5.3% | $990 | — | $83,300 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
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. 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.