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Springfield, KY Home Values and Rents

The typical home value in Springfield is $259,442, 122nd highest of 239 cities and towns in Kentucky. Median rent is $816 a month.

Typical home value
$259,442
122nd of 239 in KY
Median rent
$816/mo
ACS 2020-2024
Price change, 1 year
+4.3%
Sep 2026
Homeownership
57.6%
KY: 68.3%

Typical home value in Springfield

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodSpringfield
Sep 2026$259,442
Dec 2025$252,339
Dec 2024$243,024
Dec 2023$227,130
Dec 2022$219,740
Dec 2021$195,731
Dec 2020$169,361
Dec 2019$147,729
Dec 2018$142,107
Dec 2017$129,122
Dec 2016$120,907
Dec 2015$113,532
Dec 2014$111,127
Dec 2013$108,780
Dec 2012$105,666

Over five years, Springfield prices changed +35.5%.

Source: Zillow Research · Last updated 09/01/2026

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Fair Market Rents, FY2027

HUD rent standard for Washington County, KY

KY rents
Unit sizeMonthly rentvs FY2026
Studio$671+1.1%
1 bedroom$718+1.4%
2 bedrooms$939+1.1%
3 bedrooms$1,300+6.0%
4 bedrooms$1,343+1.5%

Frequently asked questions

What is the typical home value in Springfield, KY?
The typical home value in Springfield is $259,442 (Zillow Home Value Index, Sep 2026). The Kentucky median is $205,600.
How much is rent in Springfield?
The median rent in Springfield is $816 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $939.
Are home prices going up in Springfield?
The typical home value in Springfield changed +4.3% over one year and +35.5% over five years, as of Sep 2026.
How does Springfield compare with the rest of Kentucky?
Springfield has the 122nd highest median home value of 239 cities and towns with 1,000+ residents in Kentucky.