Housing in Springfield, OR
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$455,367
Median List Price
$430,010
Price Per Sq Ft
$269
Days on Market
88
Active Inventory
81
Months of Supply
2.7
Seller's market
Zillow Home Value
$406,226
ZHVI — January 2026
Zillow Rent Index
$1,702
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
20.0%
Off Market in 2 Weeks
25.9%
Sale-to-List Ratio
101.4%
Seller's market
Market Activity
Source: RedfinHomes Sold
30
New Listings
46
Pending Sales
54
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$269
Median List $/SF
$287
Springfield vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 50,000 - 100,000 residents. Springfield is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$323,800
Median Rent
$1,201
Total Housing Units
25,485
Vacancy Rate
2.9%
Owner Occupied
55.0%
Renter Occupied
45.0%
Median Property Tax
$3,100
per year
Monthly Cost (w/ Mortgage)
$1,340
Housing Types
The current median sale price in Springfield, OR is $455,367 according to Redfin data. Homes spend a median of 88 days on the market. 20.0% of homes sold above asking price. The market has 2.7 months of supply. The median price per square foot is $269. Zillow's observed rent index is $1,702/month. About 55.0% of housing units are owner-occupied. The median year homes were built is 1976. There are 25,485 total housing units.