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Springfield, FL

Full City Profile · Florida · Bay County County

2.8 /5.0
C+ Fair
8,157 Population 1,710/sq mi density
$51,640 Median Income $27,476 per capita
$177,500 Home Value $206,623 Zillow
$1,329 Median Rent 32.0% income on rent
70°F Avg Temperature 308 sunny days/yr
536 Violent Crime/100K 3,247 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$51,640 median income, 0.4% unemployment
A+
Affordability
4.8 / 5.0
$177,500 home value, $1,329/mo rent
F
Safety
1.0 / 5.0
536 violent crimes/100K (41% above avg)
D
Education
2.0 / 5.0
11.9% bachelor's degree or higher

Housing Overview

Median Home Value
$177,500
37% below
US avg: $281,900
Median Rent
$1,329/mo
14% above
US avg: $1,163/mo
Homeownership Rate
69.6%
6% above US avg (65.4%)
Total Housing Units
3,854
Median year built: 1981

Home Value by Source

Census Median
$177,500
Zillow (ZHVI)
$206,623
Median Sale Price
$255,000
Median List Price
$272,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

69.6%
Owner-Occupied
30.4%
Renter-Occupied
70%
30%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent: $1,329/mo · Zillow rent: $1,565/mo

Market Indicators (Redfin)

Median Days on Market
76 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
9
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$184
Active Inventory
60
homes for sale

Affordability & Housing Stock

Rent Burden
32.0%
of renters spending 30%+ of income on housing
3% above US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
69.6%

Complete Housing Data

Home Values

Census Median Value$177,500
Zillow Home Value (ZHVI)$206,623
Median Sale Price$255,000
Median List Price$272,000
Price Per Sq Ft$184

Rent

Census Median Rent$1,329
Zillow Rent (ZORI)$1,565
FMR Studio$1,212
FMR 1-Bedroom$1,296
FMR 2-Bedroom$1,526
FMR 3-Bedroom$1,971
FMR 4-Bedroom$2,261

Market

Days on Market76
Sale-to-List Ratio1.0%
Price Drops25.0%
Homes Sold9
Active Inventory60
Price Per Sq Ft$184

Ownership & Stock

Owner-Occupied69.6%
Renter-Occupied30.4%
Homeownership Rate69.6%
Total Housing Units3,854
Median Year Built1981
Rent Burden32.0%