Are Prices Falling in the Springfield, IL Metro Area?

Springfield, IL home prices are still rising: +8.9% year-over-year

OpenRoof Score

Insufficient data

Not enough trustworthy data to score this market yet. OpenRoof Score requires coverage across multiple index dimensions.

Key Market Data — Springfield, IL

Median Home Value

220,385

Source: Zillow ZHVI

Home Value YoY

9

Source: Zillow ZHVI

Avg Monthly Rent

1,192

Source: Zillow ZORI

Rent YoY

8

Source: Zillow ZORI

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Data sources: Zillow ZHVI (home values, updated mid-month), Zillow ZORI (rent, updated mid-month), Realtor.com (inventory, days on market, updated 1st week of month), U.S. Census ACS (income, population, updated annually). Data as of April 2026.