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Springfield, MN Home Values and Rents
The typical home value in Springfield is $211,688, 339th highest of 363 cities and towns in Minnesota. Median rent is $820 a month.
- Typical home value
- $211,688
- 339th of 363 in MN
- Median rent
- $820/mo
- ACS 2020-2024
- Price change, 1 year
- +8.4%
- Sep 2026
- Homeownership
- 73.2%
- MN: 72.2%
Typical home value in Springfield
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Springfield |
|---|---|
| Sep 2026 | $211,688 |
| Dec 2025 | $204,075 |
| Dec 2024 | $182,686 |
| Dec 2023 | $169,337 |
| Dec 2022 | $162,779 |
| Dec 2021 | $148,723 |
| Dec 2020 | $133,367 |
| Dec 2019 | $123,683 |
| Dec 2018 | $121,162 |
| Dec 2017 | $109,774 |
| Dec 2016 | $107,269 |
| Dec 2015 | $102,331 |
| Dec 2014 | $94,601 |
| Dec 2013 | $93,987 |
| Dec 2012 | $84,343 |
Over five years, Springfield prices changed +45.8%.
Source: Zillow Research · Last updated 09/01/2026
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Home values by ZIP code
Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index
Swipe the table sideways to see more columns.
| # | ZIP code | Median value | Median rent | 1-year | 5-year |
|---|---|---|---|---|---|
| 1 | 56087 | $142,600 | $813 | +5.6% | +37.1% |
Fair Market Rents, FY2027
HUD rent standard for Brown County, MN
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $746 | +11.2% |
| 1 bedroom | $819 | +10.4% |
| 2 bedrooms | $1,071 | +10.1% |
| 3 bedrooms | $1,282 | +8.9% |
| 4 bedrooms | $1,717 | +6.7% |
Frequently asked questions
- What is the typical home value in Springfield, MN?
- The typical home value in Springfield is $211,688 (Zillow Home Value Index, Sep 2026). The Minnesota median is $329,300.
- How much is rent in Springfield?
- The median rent in Springfield is $820 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,071.
- Are home prices going up in Springfield?
- The typical home value in Springfield changed +8.4% over one year and +45.8% over five years, as of Sep 2026.
- How does Springfield compare with the rest of Minnesota?
- Springfield has the 339th highest median home value of 363 cities and towns with 1,000+ residents in Minnesota.
- Which ZIP code in Springfield has the highest home values?
- ZIP code 56087 has the highest median home value at $142,600.