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Foreclosure Auction Homes in Springfield, MN

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Springfield, MN Foreclosures

Current Market Conditions in in Springfield, MN As of March 2026?
Over the past month, Springfield has experienced a slight increase in home prices due to a competitive buyer's market. With low inventory levels, homes are selling faster, and bidding wars have become more common, leading to some properties selling above asking price.
How much do homes sell for in Springfield, MN?
The average home price is currently $285,685.
In Springfield, MN, how many homes are available?
There are currently 8 active home listings available in Springfield.
What’s the average rental cost in Springfield, MN?
The average rental price in Springfield is $1,163.
What is the most expensive home in Springfield?
The most expensive home sold in Springfield had a price of $4,777,684.
What is currently the cheapest priced home in Springfield, MN?
The cheapest home for sale in Springfield is priced at $14,690.

Living in Springfield, MN

Springfield is a charming small town located in Brown County, Minnesota, known for its friendly community and scenic rural surroundings. With a population of just over 2,000 residents, Springfield boasts a range of amenities and recreational opportunities, including beautiful parks and local shops. It is an ideal location for those seeking a peaceful lifestyle while remaining connected to urban conveniences.

Buyer vs Seller Market in Springfield, MN

The real estate market in Springfield is currently stable, with modest appreciation in home values over the past year. The town remains appealing to first-time buyers and families looking for more space away from larger cities.

Interest rates have influenced the market, resulting in quicker sales as buyers seek to secure properties before potential further increases. Limited inventory has kept the demand high, particularly for affordable family homes.

Home Value Estimator For Springfield, MN

There are currently 1,265 real estate properties in Springfield, MN, with a median automated valuation model (AVM) price of $174,923.00. 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, MN, 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, MN, is $285,685.00, with the most expensive house in Springfield, MN, topping out at $4,777,684.00 and the cheapest home in Springfield, MN, clocking in at $14,690.00. In other words, there’s something for every potential homebuyer or savvy investor in Springfield, MN!

Rent Prices In Springfield, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Springfield, MN, is on a rollercoaster ride. The average rent price in Springfield, MN, is $1,163.00. Indeed, when looking to rent in Springfield, MN, you can expect to pay as little as $550.00 or as much as $2,420.00, with the average rent median estimated to be $1,100.00. The good news is that finding an affordable and desirable property to rent in Springfield, MN -- 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.

Springfield, MN Foreclosure Auction Homes


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