Current Price

$205,620

1 Month Forecast

â–² $214,811

1-Year Forecast *

â–² $225,786

5-Year Forecast *

â–² $250,757

"Is it a good time to buy homes in Springfield?" "Does investing in real estate in Springfield (Florida State, Bay County) worth it?" According to our live Forecast System, buying a house in Springfield is a acceptable short-term (1-year) investment*. The Springfield average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Springfield" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Springfield in Florida State, Bay County. If you are looking for homes for sale with good flipping profit, Springfield can be a profitable property investment option. The median price of an average house in Springfield was 205,620 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Springfield" area is 250,757 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +21.95% meaning that investing 100000 USD today may yield a profit of 21,952 USD by 2031.

Current Median Listing Price: 205,620 USD Median Listing Price Per Square Foot: 114 USD

Springfield Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Springfield (Florida State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Springfield Price Target

Springfield median home price target in 12 months: $225,786* (upside of 9.8%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $218,458 $213,330 $213,330 $218,458
2024 $207,602 $205,620 $205,620 $212,061
2023 $195,554 $207,062 $195,554 $207,855
2022 $169,335 $195,347 $169,335 $195,347
2021 $148,946 $166,716 $148,946 $166,716
2020 $112,229 $146,159 $112,229 $146,159
2019 $119,030 $107,353 $100,897 $119,030
2018 $110,365 $120,815 $109,235 $120,926
2017 $100,434 $110,746 $99,946 $110,746
2016 $91,316 $101,094 $91,316 $101,533
2015 $82,555 $90,427 $82,555 $90,427
2014 $76,541 $81,710 $76,541 $81,710
2013 $74,500 $76,501 $74,500 $79,077
2012 $73,855 $73,874 $71,997 $74,156

Questions & Answers about the Springfield Housing Market Forecast

How much does an average home cost in Springfield today?

The value of an average home (the listing price) in Springfield is $205,620 USD.

What is the average price per square foot in Springfield?

According to Walletinvestor the median price per square foot in Springfield is 114 USD.

Will the median listing price of homes in Springfield grow / rise / go up?

Yes. The Springfield home prices may rise from 205,620 USD to 225,786 USD in one year.

Is it profitable to invest in Springfield homes?

Yes. The long-term profit potential is +9.81% in one year.

Will Springfield house prices fall / drop?

No. See above.

What is the predicted price of a Springfield home in 2030?

The predicted home sales price of a Springfield home in 2030 in Springfield is 247,958 USD.

What is the predicted price of a Springfield home in 2035?

The predicted home sales price of a Springfield home in 2035 in Springfield is 285,163 USD.

Will real estate prices decrease in Springfield?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Springfield is the 6826. largest city in the United States, located in Florida State.

During the last 12 months the real estate prices in Bay, Springfield decreased, looking at the past 12 months.

According to Walletinvestor's Springfield real estate market research, home values will increase in the next 12 months.

Median home values decreased by 5.642% to 205,620 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 10.227% in 2021
  • 8.217% in 2022
  • 11.307% in 2023
  • 10.917% in 2024
  • 10.927% in 2025
  • 10.637% in 2026

Based on our Springfield real estate market research and report the predicted sales prices will increase by 154.868% in the next 10 years.

Over the last 12 months, the value of homes in Springfield fluctuated: decreasing 4 times.

Springfield (Florida) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Springfield Housing Market Forecast with Real Estate Prices for 2025
August 2025 214811 193759 235862
September 2025 216302 204838 227766
October 2025 217803 197548 238059
November 2025 218891 199409 238372
December 2025 218757 197319 240195
Springfield Housing Market Forecast with Real Estate Prices for 2026
January 2026 217885 202197 233573
February 2026 218293 199957 236630
March 2026 219695 205855 233536
April 2026 221149 206332 235966
May 2026 222684 209546 235823
June 2026 224230 202031 246429
July 2026 225786 214271 237301
August 2026 227353 210075 244632
September 2026 228931 207870 249993
October 2026 230520 215537 245504
November 2026 232120 217497 246744
December 2026 233732 215500 251963
Springfield Housing Market Forecast with Real Estate Prices for 2027
January 2027 234918 221293 248543
February 2027 236066 217889 254243
March 2027 237352 221924 252780
April 2027 238126 215266 260986
May 2027 238379 217640 259118
June 2027 239123 215450 262796
July 2027 240783 225854 255711
August 2027 242454 228634 256274
September 2027 244137 219723 268551
October 2027 245831 222477 269185
November 2027 247538 226992 268083
December 2027 249022 232835 265208
Springfield Housing Market Forecast with Real Estate Prices for 2028
January 2028 249014 235318 262710
February 2028 248754 235322 262187
March 2028 248327 231192 265461
April 2028 248071 228970 267173
May 2028 248718 228572 268865
June 2028 250445 228406 272484
July 2028 252183 227217 277149
August 2028 253372 232595 274148
September 2028 253332 229266 277399
October 2028 252180 230745 273615
November 2028 251033 236222 265843
December 2028 249890 231898 267883
Springfield Housing Market Forecast with Real Estate Prices for 2029
January 2029 248825 226431 271219
February 2029 247945 227117 268772
March 2029 247261 233414 261108
April 2029 246862 223904 269820
May 2029 248575 229187 267964
June 2029 248475 224124 272825
July 2029 247958 230849 265067
August 2029 246830 224122 269539
September 2029 245707 225559 265855
October 2029 244589 223310 265869
November 2029 243492 229126 257858
December 2029 245182 231943 258422
Springfield Housing Market Forecast with Real Estate Prices for 2030
January 2030 246884 230837 262932
February 2030 248598 225230 271966
March 2030 249839 232850 266828
April 2030 249686 231709 267664
May 2030 248691 223822 273560
June 2030 249157 232962 265352
July 2030 250757 234207 267307
August 2030 252417 232981 271853
September 2030 254169 233835 274502
October 2030 255933 234179 277687
November 2030 257709 237866 277553
December 2030 259498 235624 283372
Springfield Housing Market Forecast with Real Estate Prices for 2031
January 2031 261299 247189 275409
February 2031 263113 240222 286004
March 2031 264939 242684 287194
April 2031 266778 250238 283318
May 2031 268133 250168 286097
June 2031 269443 243846 295040
July 2031 270910 247341 294479
August 2031 271794 254942 288645
September 2031 272083 245147 299019
October 2031 272932 253281 292583
November 2031 274826 260810 288843
December 2031 276734 258193 295275
Springfield Housing Market Forecast with Real Estate Prices for 2032
January 2032 278655 260821 296489
February 2032 280589 261509 299669
March 2032 282536 266149 298923
April 2032 284230 260071 308390
May 2032 284221 256368 312075
June 2032 283925 269729 298121
July 2032 283437 255377 311497

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.