Springfield, IL Home Values (2026)
The median home value in Springfield is about $234,000 (~$134/sq ft) — 19% more affordable than the typical U.S. home. Below: how Springfield compares, values by home size and ZIP code, and a free tool for your own address.
Thinking of moving to Springfield?
Here’s what the numbers say about housing costs in Springfield. A typical home runs about $234,000, which is 19% more affordable than the national median and 21% more expensive than the Illinois average. At roughly $134 per square foot, a median budget here buys you around 1,750 sq ft of home.
Prices swing a lot by neighborhood: across Springfield’s 5 ZIP codes, the most affordable is 62703 (~$97,000) and the priciest is 62711 (~$365,000) — roughly a 3.8× difference. If you’re relocating, that spread is where the real budgeting happens, so it pays to target ZIP by ZIP rather than the citywide average.
Springfield home value by size
Using the local rate of about $134 per square foot, here’s a rough estimate by home size. Condition, lot, and exact location move these meaningfully.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $134,000 |
| 1,500 sq ft | $201,000 |
| 2,000 sq ft | $268,000 |
| 2,500 sq ft | $335,000 |
| 3,000 sq ft | $402,000 |
Estimate your specific home in Springfield
Enter your ZIP and size for an instant estimate tailored to your exact area:
Home values by ZIP code in Springfield, IL
Typical value and price per square foot for each Springfield ZIP code we have data for:
| ZIP code | Typical value | $ / sq ft |
|---|---|---|
| 62711 | $365,000 | $161 |
| 62712 | $336,000 | $137 |
| 62707 | $234,000 | $134 |
| 62702 | $114,000 | $91 |
| 62703 | $97,000 | $83 |
Grow your home’s value in Springfield
Use our Increase Home Value calculator to see which improvements add the most, or read the pre-sale projects that actually pay off. See how Springfield stacks up against other Illinois cities on the Illinois home values page, or browse the full U.S. directory.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. Actual values vary by home and change over time.