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market report · 62703
Springfield, IL · 62703
31 active listings$129,900 median ask$1,698 est. rent1.3% price/rent
$129,900
Median list price
$1,698/mo
Estimated rent
1.3%
Price / rent ratio
31
Listings
FHFA home price index · 2016–2025
44.8% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.26
Median rent / sqft
29 comps
$97.73
Median sold / sqft
29 comps
—
Walkability
4.3%
Area unemployment
BLS LAUS
Median household income $45,009 · median home value $96,500 · ACS 2024.
Natural-hazard risk Relatively High (FEMA NRI score 89).
20 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
2212 S 10th St, Springfield, IL 62703
Springfield, IL
$55,000$1,569/mo2.9%
1117 S 12th St, Springfield, IL 62703
Springfield, IL
$65,000$1,698/mo2.6%
2204 E Adams St, Springfield, IL 62703
Springfield, IL
$59,900$1,391/mo2.3%
2216 E Lawrence Ave, Springfield, IL 62703
Springfield, IL
$89,900$1,709/mo1.9%
2341 S 5th St, Springfield, IL 62703
Springfield, IL
$109,000$1,922/mo1.8%
2317 S 9th St, Springfield, IL 62703
Springfield, IL
$129,900$2,161/mo1.7%