Springfield, WI Foreclosures
Current Market Conditions in in Springfield, WI As of February 2026?
Over the past month, Springfield's real estate market has experienced a slight uptick in home sales compared to previous months. With an increase in average home prices, the community sees a positive shift as demand continues to strengthen, attributed to seasonal buying trends. While inventory remains somewhat tight, the presence of new constructions is helping to meet the needs of potential buyers. Residents are benefiting from favorable mortgage rates, despite growing interest about affordability in future real estate opportunities.
How much do homes sell for in Springfield, WI?
The average home price is currently $285,255.
What’s the average rental cost in Springfield, WI?
The average rental price in Springfield is $1,575.
What is the most expensive home in Springfield?
The most expensive home sold in Springfield had a price of $527,314.
What is currently the cheapest priced home in Springfield, WI?
The cheapest home for sale in Springfield is priced at $92,570.
Living in Springfield, WI
Springfield, WI offers a quaint and peaceful atmosphere with a friendly community, excellent schools, and lush parks. Residents enjoy a mix of rural charm and modern amenities, making it an ideal place for families and retirees alike. Conveniently located for easy access to nearby cities, Springfield is perfect for those looking to enjoy an outdoor lifestyle while staying connected.
Buyer vs Seller Market in Springfield, WI
The real estate market in Springfield is currently stable, with consistent demand for single-family homes. The area has attracted several new residents due to its affordability and quality of life, resulting in a steady increase in home values since the beginning of the year.
Many new homes are being built in Springfield, contributing to a healthy housing supply, while various properties remain on the market for longer periods, indicating slight buyer hesitation. However, homes are generally selling at prices close to their asking values.
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 $267,702.00. 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 $285,255.00, 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.
Learn more on Foreclosure homes
