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Springfield, IL

Full City Profile · Illinois · Sangamon County County

3.4 /5.0
B Good
113,714 Population 1,856/sq mi density
$65,537 Median Income $41,110 per capita
$155,200 Home Value $163,932 Zillow
$945 Median Rent 28.4% income on rent
56°F Avg Temperature 290 sunny days/yr
777 Violent Crime/100K 4,441 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$65,537 median income, 4.0% unemployment
A+
Affordability
5.0 / 5.0
$155,200 home value, $945/mo rent
F
Safety
1.0 / 5.0
777 violent crimes/100K (105% above avg)
B+
Education
3.8 / 5.0
35.1% bachelor's degree or higher

Housing Overview

Median Home Value
$155,200
45% below
US avg: $281,900
Median Rent
$945/mo
19% below
US avg: $1,163/mo
Homeownership Rate
63.4%
3% below US avg (65.4%)
Total Housing Units
56,849
Median year built: 1971

Home Value by Source

Census Median
$155,200
Zillow (ZHVI)
$163,932
Median Sale Price
$170,500
Median List Price
$187,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

63.4%
Owner-Occupied
36.6%
Renter-Occupied
63%
37%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $945/mo · Zillow rent: $1,152/mo

Market Indicators (Redfin)

Median Days on Market
26 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
90
Price Drops
40.0%
of listings with price reduction
Price Per Sq Ft
$105
Active Inventory
100
homes for sale

Affordability & Housing Stock

Rent Burden
28.4%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
63.4%

Complete Housing Data

Home Values

Census Median Value$155,200
Zillow Home Value (ZHVI)$163,932
Median Sale Price$170,500
Median List Price$187,450
Price Per Sq Ft$105

Rent

Census Median Rent$945
Zillow Rent (ZORI)$1,152
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market26
Sale-to-List Ratio1.0%
Price Drops40.0%
Homes Sold90
Active Inventory100
Price Per Sq Ft$105

Ownership & Stock

Owner-Occupied63.4%
Renter-Occupied36.6%
Homeownership Rate63.4%
Total Housing Units56,849
Median Year Built1971
Rent Burden28.4%