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market report · 62707
Springfield, IL · 62707
8 active listings$204,500 median ask$1,736 est. rent0.8% price/rent
$204,500
Median list price
$1,736/mo
Estimated rent
0.8%
Price / rent ratio
8
Listings
FHFA home price index · 2016–2025
36.8% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.14
Median rent / sqft
7 comps
$110.76
Median sold / sqft
7 comps
—
Walkability
4.3%
Area unemployment
BLS LAUS
Median household income $89,926 · median home value $174,600 · ACS 2024.
Natural-hazard risk Relatively Moderate (FEMA NRI score 83).
4 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
3344 Neptune Ave, Springfield, IL 62707
Springfield, IL
$99,900$1,229/mo1.2%
3117 Piper Rd, Springfield, IL 62707
Springfield, IL
$139,900$1,597/mo1.1%
3913 McCormick Dr, Springfield, IL 62707
Springfield, IL
$169,900$1,743/mo1%
3060 Buena Vista Dr, Springfield, IL 62707
Springfield, IL
$189,000$1,725/mo0.9%
6175 Crows Mill Rd, Springfield, IL 62707
Springfield, IL
$220,000$1,728/mo0.8%
53 Frontier Lake Ests, Springfield, IL 62707
Springfield, IL
$375,000$2,813/mo0.8%