Current Price

$227,444

1 Month Forecast

â–² $247,067

1-Year Forecast *

â–² $264,630

5-Year Forecast *

â–² $314,855

"Is it a good time to buy homes in Springfield?" "Does investing in real estate in Springfield (Kentucky State, Washington County) worth it?" According to our live Forecast System, buying a house in Springfield is a good 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 Kentucky State, Washington 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 227,444 USD on 2026-03-04. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Springfield" area is 314,855 USD by 2031-03-04. For a 5-year investment the profit is expected to be around +38.43% meaning that investing 100000 USD today may yield a profit of 38,432 USD by 2031.

Current Median Listing Price: 227,444 USD Median Listing Price Per Square Foot: 126 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 (Kentucky 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: $264,630* (upside of 16.3%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $241,001 $245,449 $241,001 $248,166
2024 $212,857 $227,444 $212,857 $227,444
2023 $204,540 $212,569 $202,921 $212,569
2022 $186,080 $205,653 $186,080 $207,335
2021 $161,474 $183,183 $161,474 $183,183
2020 $138,793 $158,503 $138,793 $158,503
2019 $133,938 $138,259 $133,938 $138,259
2018 $120,963 $132,997 $120,963 $132,997
2017 $113,979 $120,844 $113,979 $120,857
2016 $106,947 $113,156 $106,947 $113,156
2015 $103,771 $106,254 $103,384 $106,254
2014 $101,889 $104,002 $101,889 $104,841
2013 $98,812 $101,806 $98,812 $102,186
2012 $98,856 $98,892 $98,222 $99,189

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 $227,444 USD.

What is the average price per square foot in Springfield?

According to Walletinvestor the median price per square foot in Springfield is 126 USD.

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

Yes. The Springfield home prices may rise from 227,444 USD to 264,630 USD in one year.

Is it profitable to invest in Springfield homes?

Yes. The long-term profit potential is +16.35% 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 300,481 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 375,978 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 5940. largest city in the United States, located in Kentucky State.

During the last 12 months the real estate prices in Washington, 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 7.838% to 227,444 USD, between 2025-03-04 and 2026-03-04

The average annual profit of property investment was:

  • 17.070% in 2021
  • 14.970% in 2022
  • 15.840% in 2023
  • 17.430% in 2024
  • 15.510% in 2025
  • 18.110% in 2026

Based on our Springfield real estate market research and report the predicted sales prices will increase by 354.618% in the next 10 years.

Over the last 12 months, the value of homes in Springfield fluctuated: increasing 1 times and decreasing 3 times.

Springfield (Kentucky) 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 247067 225078 269056
September 2025 248697 226314 271080
October 2025 250337 233815 266859
November 2025 251988 236869 267107
December 2025 253650 233104 274196
Springfield Housing Market Forecast with Real Estate Prices for 2026
January 2026 254823 241572 268074
February 2026 256074 236868 275279
March 2026 257763 234822 280703
April 2026 259463 234035 284890
May 2026 261174 242892 279456
June 2026 262896 240813 284980
July 2026 264630 240020 289241
August 2026 266376 246930 285821
September 2026 268132 249899 286365
October 2026 269901 255326 284475
November 2026 271681 248860 294502
December 2026 272616 252443 292790
Springfield Housing Market Forecast with Real Estate Prices for 2027
January 2027 271972 251302 292642
February 2027 271338 247731 294944
March 2027 270808 256455 285161
April 2027 270405 253640 287170
May 2027 269441 246000 292883
June 2027 268481 253178 283785
July 2027 267996 248433 287560
August 2027 269120 242477 295763
September 2027 270895 253016 288774
October 2027 272444 246289 298599
November 2027 273884 250330 297438
December 2027 274906 250715 299098
Springfield Housing Market Forecast with Real Estate Prices for 2028
January 2028 276386 252893 299878
February 2028 277687 251029 304345
March 2028 279039 257274 300804
April 2028 280225 256406 304044
May 2028 280605 253947 307262
June 2028 281276 259618 302935
July 2028 283014 257826 308202
August 2028 284880 268357 301403
September 2028 286759 270127 303391
October 2028 288650 266136 311165
November 2028 289364 271713 307016
December 2028 289828 266931 312724
Springfield Housing Market Forecast with Real Estate Prices for 2029
January 2029 290054 262499 317609
February 2029 291355 275622 307088
March 2029 292683 277756 307610
April 2029 294613 267214 322012
May 2029 296556 276391 316722
June 2029 298512 282393 314632
July 2029 300481 283654 317308
August 2029 302160 273757 330563
September 2029 301961 286259 317663
October 2029 300886 283434 318337
November 2029 299814 280626 319002
December 2029 301791 273724 329858
Springfield Housing Market Forecast with Real Estate Prices for 2030
January 2030 303781 288289 319274
February 2030 305785 284992 326578
March 2030 307802 290565 325039
April 2030 309832 285975 333689
May 2030 311265 289476 333053
June 2030 312792 294025 331560
July 2030 314855 283999 345711
August 2030 316932 298867 334997
September 2030 319022 296690 341354
October 2030 321126 303464 338788
November 2030 323244 299647 346841
December 2030 325376 294140 356612
Springfield Housing Market Forecast with Real Estate Prices for 2031
January 2031 327522 301975 353069
February 2031 329682 303307 356057
March 2031 331856 300662 363051
April 2031 332999 301364 364634
May 2031 332212 314605 349820
June 2031 331437 299619 363255
July 2031 330790 302011 359569
August 2031 330298 307507 353088
September 2031 329121 305753 352488
October 2031 327948 301384 354512
November 2031 327356 309024 345688
December 2031 328728 304074 353383
Springfield Housing Market Forecast with Real Estate Prices for 2032
January 2032 330896 306741 355052
February 2032 332788 310824 354752
March 2032 334548 301762 367334
April 2032 335796 315648 355944
May 2032 337603 311945 363261
June 2032 339193 316128 362258
July 2032 340844 323802 357886

> 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.