How much does it cost to buy a house in Springfield, MI?

In May 2026 Springfield homes were listed to buy for a median price of $294K, which is a 38% decrease to April 2025 last month, and a 37% decrease to May 2025 last year. The median value of a home listed to buy in Springfield in May 2026 was $155 per sqft, which is a 21% decrease to April 2025 last month, and a 21% decrease to May 2025 last year.

Is it affordable or expensive to live in Springfield, MI?

It is affordable to live in Springfield. Buying a home in Springfield is 1% less expensive compared with the national average.

Is it a good time to buy property in Springfield, MI?

Yes now is a good time to buy property in Springfield, in May 2026, homes in Springfield have decreased in value (price per sqft) by 21% in the last year compared with May 2025.

Is the Springfield, MI housing market slowing down?

The housing market in Springfield is slowing down. In May 2026, homes to buy in Springfield spent an median 59 days on the market, a 50% decrease from May 2025 last year.

What are the best and safest places to live in Springfield, MI?

The best and safest neighborhoods to live in Springfield in May 2026 are West Main HIll, Western Michigan University-KRPH, Knollwood, Hill N' Brook, Oakland-Winchell, Parkview Hills, Westnedge Hill, Sloan, Colony Farm, Central Business District, Millwood, South Westnedge, Burke Acres, West Douglas, Vine, Oakwood, Southside, Edison, Eastside, Northside

How much money should I make to buy a house in Springfield, MI?

In May 2026, Springfield homes were listed to buy for a median price of $294K, with 25% down you would need $1.86K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $64K.

Is it a good time to sell my house in Springfield, MI?

Yes now is a good time to sell your house in Springfield, in May 2026, homes in Springfield have decreased in value (price per sqft) by 21% in the last year compared with May 2025.