Springfield, IL
Full City Profile · Illinois · Sangamon County County
3.3
/5.0
B
Good
113,714
Population
1,856/sq mi density
$65,537
Median Income
$41,110 per capita
$155,200
Home Value
$172,189 Zillow
$945
Median Rent
28.4% income on rent
54°F
Avg Temperature
905
Violent Crime/100K
4,976 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$65,537 median income, 6.7% unemployment
A+
Affordability
5.0 / 5.0
$155,200 home value, $945/mo rent
F
Safety
1.0 / 5.0
905 violent crimes/100K (138% 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)
$172,189
Redfin Median Sale
$170,500
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
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 Sale Price
$170,500
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) | $172,189 |
| Redfin Median Sale | $170,500 |
| 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 Market | 26 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 40.0% |
| Homes Sold | 90 |
| Active Inventory | 100 |
| Price Per Sq Ft | $105 |
Ownership & Stock
| Owner-Occupied | 63.4% |
| Renter-Occupied | 36.6% |
| Homeownership Rate | 63.4% |
| Total Housing Units | 56,849 |
| Median Year Built | 1971 |
| Rent Burden | 28.4% |