House Prices

House Prices & Home Values Springfield, MN 2026


Average Data

average house price$93,084
average size per house1588 ft²
average price per ft²59 $ / ft²

06/27/2026 - The value range (VR) for house prices in Springfield, MN is $59/ sqft to $59/ sqft. An average home with 1588 sqft costs approximately $93,692 to $93,692. Springfield, MN includes 1 ZIP codes and it is located in Brown county. The lowest prices are found in ZIP 56087, while the highest are in ZIP 56087. The average price per sqare feet is $59. Our analysis is based on 12 property listings.

Avergage prices by ZIP codes Springfield

5608761 $ / ft²




Historical development of home values in Springfield

Year Estimated value (USD) Change vs. 2025
2010 $43,230 -53.6%
2011 $41,558 -55.4%
2012 $41,446 -55.5%
2013 $42,995 -53.8%
2014 $45,133 -51.5%
2015 $47,450 -49.0%
2016 $49,926 -46.4%
2017 $52,621 -43.5%
2018 $55,530 -40.3%
2019 $58,105 -37.6%
2020 $61,108 -34.4%
2021 $69,504 -25.3%
2022 $81,026 -13.0%
2023 $85,446 -8.2%
2024 $90,389 -2.9%
2025 $93,084 0.0%

Graph: estimated home values in Springfield over time (USD)



Example: 100% financing house in Springfield

Loan amount: $93,084

Interest rate: 6.00%

Fixed monthly payment: $558.09

Breakdown in the 1st month:
Interest portion: $465.42  –  Principal portion: $92.67

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $5,553.94 $1,143.08 $91,940.92
2 $5,483.44 $1,213.59 $90,727.33
3 $5,408.59 $1,288.44 $89,438.90
4 $5,329.12 $1,367.90 $88,070.99
5 $5,244.75 $1,452.27 $86,618.72
6 $5,155.18 $1,541.85 $85,076.87
7 $5,060.08 $1,636.94 $83,439.93
8 $4,959.12 $1,737.91 $81,702.02
9 $4,851.93 $1,845.10 $79,856.92
10 $4,738.13 $1,958.90 $77,898.02
11 $4,617.31 $2,079.72 $75,818.30
12 $4,489.03 $2,207.99 $73,610.31
13 $4,352.85 $2,344.18 $71,266.13
14 $4,208.27 $2,488.76 $68,777.37
15 $4,054.77 $2,642.26 $66,135.11
16 $3,891.80 $2,805.23 $63,329.88
17 $3,718.78 $2,978.25 $60,351.62
18 $3,535.08 $3,161.94 $57,189.68
19 $3,340.06 $3,356.97 $53,832.71
20 $3,133.01 $3,564.02 $50,268.70
21 $2,913.19 $3,783.84 $46,484.86
22 $2,679.81 $4,017.22 $42,467.65
23 $2,432.04 $4,264.99 $38,202.66
24 $2,168.98 $4,528.04 $33,674.61
25 $1,889.70 $4,807.32 $28,867.29
26 $1,593.20 $5,103.83 $23,763.46
27 $1,278.41 $5,418.62 $18,344.84
28 $944.20 $5,752.83 $12,592.01
29 $589.38 $6,107.65 $6,484.36
30 $212.67 $6,484.36 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Springfield, MN


1500 sqft3900 sqft
Ø selling price$107,086$227,800
Ø fast selling$97,351$205,020
Ø high price sale$116,821$250,579

In 2026, houses in Springfield, MN will be offered at an average price of $59 per square foot. A 1,500 sqft home priced at $107,086 is 23.48% more expensive per square foot than a 3,900 sqft home priced at $227,800. Home prices in Springfield, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $157,707. Sellers who can wait longer may achieve a higher price of up to $192,754.

FAQ – Home Values in Springfield

What is the median home value in Springfield in 2026?

In 2026, the typical home value in Springfield is about $93,084 for an average home size of 1588 square feet. This corresponds to an average price of roughly $59 per square foot.

What is the average cost per square foot in Springfield?

In 2026, homes in Springfield sell for an average of around $59 per square foot, with a typical range between $59 and $59 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Springfield is about 1588 square feet, with an estimated 2026 value around $93,084.



Locations close to Springfield, MN

Truman, MN64 $ / ft²
Twin Lakes, MN69 $ / ft²
Vernon Center, MN78 $ / ft²
Sleepy Eye, MN144 $ / ft²
Sanborn, MN47 $ / ft²
Saint Peter, MN109 $ / ft²
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