Living in Springfield, WI
Springfield, WI is a community-oriented town that offers a serene atmosphere and ample outdoor activities. Known for its friendly neighborhoods and high-quality schools, Springfield is perfect for families and retirees alike. The town's picturesque landscapes and local events foster a strong sense of community among its residents.
Current Market Conditions in Springfield, WI
The real estate market in Springfield has remained stable, with a slight increase in home values over the past few months. The demand for family-friendly homes has led to a competitive market, particularly for properties near schools and parks. New constructions and renovations of older homes are on the rise, offering diverse choices for potential buyers.
Investors are noticing Springfield as a promising market for investments due to its affordability compared to surrounding areas. The influx of new residents seeking a more rural lifestyle while remaining close to urban amenities has boosted market activity, making it an ideal time for buyers and sellers alike.
Home Value Estimator For Springfield, WI
There are currently 18 real estate properties
in Springfield, WI,
with a median automated valuation model (AVM) price
of $269,163.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Springfield, WI, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Springfield, WI,
is $295,151.00, with the most expensive house
in Springfield, WI, topping out
at $527,314.00 and the cheapest home
in Springfield, WI,
clocking in at $92,570.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Springfield, WI!
Rent Prices
In Springfield, WI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Springfield, WI, is on
a rollercoaster ride. The
average rent price in Springfield, WI,
is $1,575.00. Indeed, when looking to rent in
Springfield, WI, you can expect to pay as little
as $970.00 or as much
as $2,450.00,
with the average rent median estimated to
be $1,490.00. The good news is that finding
an affordable and desirable property to rent in Springfield, WI
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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