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Springfield, VA Home Values and Rents

The typical home value in Springfield is $694,634, 73rd highest of 367 cities and towns in Virginia. Median rent is $3,052 a month.

Typical home value
$694,634
73rd of 367 in VA
Median rent
$3,052/mo
Zillow observed rent
Price change, 1 year
+1.3%
Sep 2026
Homeownership
66.0%
VA: 67.3%

Home sale prices in the Washington-Arlington-Alexandria, DC-VA-MD-WV area

Zillow median sale price, Sep 2026

$540,784-1.0% 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$694,634
Dec 2025$691,447
Dec 2024$695,923
Dec 2023$658,268
Dec 2022$626,465
Dec 2021$590,618
Dec 2020$561,325
Dec 2019$513,507
Dec 2018$492,759
Dec 2017$475,118
Dec 2016$458,902
Dec 2015$448,005
Dec 2014$438,480
Dec 2013$430,028
Dec 2012$399,483

Over five years, Springfield prices changed +16.5%.

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
122151$655,800$2,509-0.9%+33.2%
222150$635,900$2,649-1.6%+31.7%

Fair Market Rents, FY2027

HUD rent standard for Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area

VA rents
Unit sizeMonthly rentvs FY2026
Studio$2,111+8.1%
1 bedroom$2,204+9.4%
2 bedrooms$2,438+8.5%
3 bedrooms$3,107+9.6%
4 bedrooms$3,658+9.8%

Frequently asked questions

What is the typical home value in Springfield, VA?
The typical home value in Springfield is $694,634 (Zillow Home Value Index, Sep 2026). The Virginia median is $383,700.
How much is rent in Springfield?
The median rent in Springfield is $3,052 a month (Zillow Observed Rent Index). HUD's FY2027 Fair Market Rent for a two-bedroom unit is $2,438.
Are home prices going up in Springfield?
The typical home value in Springfield changed +1.3% over one year and +16.5% over five years, as of Sep 2026.
How does Springfield compare with the rest of Virginia?
Springfield has the 73rd highest median home value of 367 cities and towns with 1,000+ residents in Virginia.
Which ZIP code in Springfield has the highest home values?
ZIP code 22151 has the highest median home value at $655,800, and 22150 has the lowest at $635,900.