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market report · 62702
Springfield, IL · 62702
48 active listings$134,450 median ask$1,546 est. rent1.1% price/rent
$134,450
Median list price
$1,546/mo
Estimated rent
1.1%
Price / rent ratio
48
Listings
FHFA home price index · 2016–2025
53.4% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.20
Median rent / sqft
43 comps
$104.92
Median sold / sqft
43 comps
—
Walkability
4.3%
Area unemployment
BLS LAUS
Median household income $51,136 · median home value $103,500 · ACS 2024.
Natural-hazard risk Relatively High (FEMA NRI score 90).
16 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
23 Lilac Ln, Springfield, IL 62702
Springfield, IL
$10,000$1,404/mo14%
300 Forrest Ave, Springfield, IL 62702
Springfield, IL
$16,900$1,546/mo9.1%
1035 N 6th St, Springfield, IL 62702
Springfield, IL
$45,000$2,216/mo4.9%
1058 N 6th St, Springfield, IL 62702
Springfield, IL
$75,000$3,309/mo4.4%
927 W Calhoun Ave, Springfield, IL 62702
Springfield, IL
$49,900$2,133/mo4.3%
1515 N Lincoln Ave, Springfield, IL 62702
Springfield, IL
$39,900$1,546/mo3.9%