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Springfield, MI

Full City Profile · Michigan · Calhoun County County

2.6 /5.0
C+ Fair
5,295 Population 1,459/sq mi density
$43,681 Median Income $23,673 per capita
$105,300 Home Value $136,949 Zillow
$851 Median Rent 25.0% income on rent
49°F Avg Temperature 260 sunny days/yr
784 Violent Crime/100K 3,838 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.5 / 5.0
$43,681 median income, 7.0% unemployment
A+
Affordability
5.0 / 5.0
$105,300 home value, $851/mo rent
F
Safety
1.0 / 5.0
784 violent crimes/100K (106% above avg)
D
Education
1.9 / 5.0
10.9% bachelor's degree or higher

Housing Overview

Median Home Value
$105,300
63% below
US avg: $281,900
Median Rent
$851/mo
27% below
US avg: $1,163/mo
Homeownership Rate
56.5%
14% below US avg (65.4%)
Total Housing Units
2,469
Median year built: 1973

Home Value by Source

Census Median
$105,300
Zillow (ZHVI)
$136,949
Median Sale Price
$151,000
Median List Price
$144,950
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

56.5%
Owner-Occupied
43.5%
Renter-Occupied
57%
44%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent: $851/mo

Market Indicators (Redfin)

Median Days on Market
47 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
2
Price Drops
57.1%
of listings with price reduction
Price Per Sq Ft
$97
Active Inventory
7
homes for sale

Affordability & Housing Stock

Rent Burden
25.0%
of renters spending 30%+ of income on housing
19% below US avg (31.0%)
Median Year Built
1973
Average age of housing stock: 53 years
Homeownership Rate
56.5%

Complete Housing Data

Home Values

Census Median Value$105,300
Zillow Home Value (ZHVI)$136,949
Median Sale Price$151,000
Median List Price$144,950
Price Per Sq Ft$97

Rent

Census Median Rent$851
FMR Studio$807
FMR 1-Bedroom$891
FMR 2-Bedroom$1,113
FMR 3-Bedroom$1,419
FMR 4-Bedroom$1,588

Market

Days on Market47
Sale-to-List Ratio0.9%
Price Drops57.1%
Homes Sold2
Active Inventory7
Price Per Sq Ft$97

Ownership & Stock

Owner-Occupied56.5%
Renter-Occupied43.5%
Homeownership Rate56.5%
Total Housing Units2,469
Median Year Built1973
Rent Burden25.0%