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Springfield, TN

Full City Profile · Tennessee · Robertson County County

2.8 /5.0
C+ Fair
18,985 Population 1,391/sq mi density
$58,741 Median Income $28,182 per capita
$235,200 Home Value $324,584 Zillow
$1,107 Median Rent 28.5% income on rent
58°F Avg Temperature 299 sunny days/yr
676 Violent Crime/100K 2,303 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$58,741 median income, 3.1% unemployment
A
Affordability
4.4 / 5.0
$235,200 home value, $1,107/mo rent
F
Safety
1.0 / 5.0
676 violent crimes/100K (78% above avg)
C
Education
2.4 / 5.0
17.3% bachelor's degree or higher

Housing Overview

Median Home Value
$235,200
17% below
US avg: $281,900
Median Rent
$1,107/mo
5% below
US avg: $1,163/mo
Homeownership Rate
56.4%
14% below US avg (65.4%)
Total Housing Units
7,351
Median year built: 1984

Home Value by Source

Census Median
$235,200
Zillow (ZHVI)
$324,584
Median Sale Price
$333,900
Median List Price
$358,445
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

56.4%
Owner-Occupied
43.6%
Renter-Occupied
56%
44%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$882/mo
1 Bedroom
$924/mo
2 Bedroom
$1,118/mo
3 Bedroom
$1,445/mo
4 Bedroom
$1,644/mo
Census median rent: $1,107/mo · Zillow rent: $1,565/mo

Market Indicators (Redfin)

Median Days on Market
97 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
15
Price Drops
17.3%
of listings with price reduction
Price Per Sq Ft
$221
Active Inventory
81
homes for sale

Affordability & Housing Stock

Rent Burden
28.5%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1984
Average age of housing stock: 42 years
Homeownership Rate
56.4%

Complete Housing Data

Home Values

Census Median Value$235,200
Zillow Home Value (ZHVI)$324,584
Median Sale Price$333,900
Median List Price$358,445
Price Per Sq Ft$221

Rent

Census Median Rent$1,107
Zillow Rent (ZORI)$1,565
FMR Studio$882
FMR 1-Bedroom$924
FMR 2-Bedroom$1,118
FMR 3-Bedroom$1,445
FMR 4-Bedroom$1,644

Market

Days on Market97
Sale-to-List Ratio1.0%
Price Drops17.3%
Homes Sold15
Active Inventory81
Price Per Sq Ft$221

Ownership & Stock

Owner-Occupied56.4%
Renter-Occupied43.6%
Homeownership Rate56.4%
Total Housing Units7,351
Median Year Built1984
Rent Burden28.5%