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market report · 62704
Springfield, IL · 62704
72 active listings$189,950 median ask$1,975 est. rent1% price/rent
$189,950
Median list price
$1,975/mo
Estimated rent
1%
Price / rent ratio
72
Listings
FHFA home price index · 2016–2025
49.8% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.12
Median rent / sqft
69 comps
$118.63
Median sold / sqft
69 comps
—
Walkability
4.3%
Area unemployment
BLS LAUS
Median household income $69,976 · median home value $172,600 · ACS 2024.
Natural-hazard risk Relatively Moderate (FEMA NRI score 81).
15 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
622 W Canedy St, Springfield, IL 62704
Springfield, IL
$65,000$1,658/mo2.6%
2650 Cooper Ave, Springfield, IL 62704
Springfield, IL
$95,000$1,690/mo1.8%
601 W Edwards Ave, Springfield, IL 62704
Springfield, IL
$150,000$2,594/mo1.7%
2827 S Walnut St, Springfield, IL 62704
Springfield, IL
$60,000$974/mo1.6%
2517 Holmes Ave, Springfield, IL 62704
Springfield, IL
$89,900$1,385/mo1.5%
520 W Maple Ave, Springfield, IL 62704
Springfield, IL
$175,000$2,609/mo1.5%