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Springfield, OR Home Values and Rents

The typical home value in Springfield is $414,755, 145th highest of 227 cities and towns in Oregon. Median rent is $1,689 a month.

Typical home value
$414,755
145th of 227 in OR
Median rent
$1,689/mo
Zillow observed rent
Price change, 1 year
+1.1%
Sep 2026
Homeownership
55.0%
OR: 63.3%

Home sale prices in the Eugene-Springfield, OR area

Zillow median sale price, Sep 2026

$477,106+6.0% from a year earlier

Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.

Typical home value in Springfield

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodSpringfield
Sep 2026$414,755
Dec 2025$412,707
Dec 2024$413,652
Dec 2023$406,803
Dec 2022$401,164
Dec 2021$378,042
Dec 2020$322,690
Dec 2019$284,254
Dec 2018$264,264
Dec 2017$244,437
Dec 2016$222,516
Dec 2015$201,709
Dec 2014$185,194
Dec 2013$171,331
Dec 2012$158,468

Over five years, Springfield prices changed +10.9%.

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 codeMedian valueMedian rent1-year5-year
197403$592,200$1,270+5.0%+40.7%
297477$373,000$1,230+4.9%+47.1%

Fair Market Rents, FY2027

HUD rent standard for Eugene-Springfield, OR MSA

OR rents
Unit sizeMonthly rentvs FY2026
Studio$1,157-5.4%
1 bedroom$1,182-8.1%
2 bedrooms$1,546-8.4%
3 bedrooms$2,141-8.8%
4 bedrooms$2,584-8.8%

Frequently asked questions

What is the typical home value in Springfield, OR?
The typical home value in Springfield is $414,755 (Zillow Home Value Index, Sep 2026). The Oregon median is $477,600.
How much is rent in Springfield?
The median rent in Springfield is $1,689 a month (Zillow Observed Rent Index). HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,546.
Are home prices going up in Springfield?
The typical home value in Springfield changed +1.1% over one year and +10.9% over five years, as of Sep 2026.
How does Springfield compare with the rest of Oregon?
Springfield has the 145th highest median home value of 227 cities and towns with 1,000+ residents in Oregon.
Which ZIP code in Springfield has the highest home values?
ZIP code 97403 has the highest median home value at $592,200, and 97477 has the lowest at $373,000.