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market report · 56087
Springfield, MN · 56087
7 active listings$249,500 median ask$1,959 est. rent0.8% price/rent
$249,500
Median list price
$1,959/mo
Estimated rent
0.8%
Price / rent ratio
7
Listings
FHFA home price index · 2016–2025
63% cumulative change over the window. Source: FHFA ZIP-level HPI.
$0.93
Median rent / sqft
5 comps
$95.72
Median sold / sqft
5 comps
—
Walkability
3.7%
Area unemployment
BLS LAUS
Median household income $64,375 · median home value $142,600 · ACS 2024.
Natural-hazard risk Relatively High (FEMA NRI score 86).
2 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
402 N Van Buren Ave, Springfield, MN 56087
Springfield, MN
$109,500$1,888/mo1.7%
202 N Cass Ave, Springfield, MN 56087
Springfield, MN
$252,000$3,463/mo1.4%
401 Wilson St, Springfield, MN 56087
Springfield, MN
$249,500$2,175/mo0.9%
18 S Paffrath Ave, Springfield, MN 56087
Springfield, MN
$198,500$1,596/mo0.8%
403 S Paffrath Ave, Springfield, MN 56087
Springfield, MN
$268,000$1,959/mo0.7%