Current Price

$183,600

1 Month Forecast

â–² $206,200

1-Year Forecast *

â–² $221,892

5-Year Forecast *

â–² $272,527

"Is it a good time to buy homes in Springfield?" "Does investing in real estate in Springfield (Minnesota State, Brown 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 Minnesota State, Brown 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 183,600 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Springfield" area is 272,527 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +48.43% meaning that investing 100000 USD today may yield a profit of 48,435 USD by 2031.

Current Median Listing Price: 183,600 USD Median Listing Price Per Square Foot: 102 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 (Minnesota 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: $221,892* (upside of 20.9%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $198,209 $204,711 $198,209 $204,711
2024 $170,585 $183,600 $170,585 $183,600
2023 $163,587 $170,184 $163,587 $170,184
2022 $151,647 $163,593 $151,647 $164,264
2021 $134,718 $149,467 $134,718 $149,467
2020 $124,654 $134,034 $124,654 $134,034
2019 $122,654 $124,302 $122,654 $125,301
2018 $111,154 $121,768 $111,154 $121,768
2017 $108,975 $110,324 $108,564 $110,324
2016 $104,140 $107,805 $104,140 $107,805
2015 $95,415 $102,843 $95,267 $102,843
2014 $95,443 $95,075 $95,075 $97,548
2013 $85,651 $94,457 $85,651 $94,457
2012 $85,163 $84,765 $84,430 $85,473

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 $183,600 USD.

What is the average price per square foot in Springfield?

According to Walletinvestor the median price per square foot in Springfield is 102 USD.

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

Yes. The Springfield home prices may rise from 183,600 USD to 221,892 USD in one year.

Is it profitable to invest in Springfield homes?

Yes. The long-term profit potential is +20.86% 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 254,723 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 336,857 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 11218. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Brown, 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 8.607% to 183,600 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 18.896% in 2021
  • 21.466% in 2022
  • 22.546% in 2023
  • 21.806% in 2024
  • 22.646% in 2025
  • 19.786% in 2026

Based on our Springfield real estate market research and report the predicted sales prices will increase by 564.777% in the next 10 years.

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

Springfield (Minnesota) 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 206200 194859 217541
September 2025 207700 189422 225977
October 2025 209210 191218 227202
November 2025 210732 194927 226537
December 2025 212265 200166 224364
Springfield Housing Market Forecast with Real Estate Prices for 2026
January 2026 213174 197399 228949
February 2026 213996 201798 226193
March 2026 215552 198524 232581
April 2026 217120 201053 233187
May 2026 218699 198141 239257
June 2026 220290 200243 240336
July 2026 221892 207691 236093
August 2026 223506 201826 245186
September 2026 225131 213875 236388
October 2026 226769 211348 242189
November 2026 228169 207862 248476
December 2026 228355 207118 249591
Springfield Housing Market Forecast with Real Estate Prices for 2027
January 2027 227893 206015 249770
February 2027 227327 206413 248241
March 2027 227479 211101 243858
April 2027 227422 214686 240158
May 2027 227413 211722 243105
June 2027 227427 216055 238798
July 2027 228366 216720 240013
August 2027 230027 213235 246819
September 2027 231700 210616 252785
October 2027 233365 210729 256001
November 2027 233993 221357 246629
December 2027 234228 212679 255777
Springfield Housing Market Forecast with Real Estate Prices for 2028
January 2028 234631 211637 257625
February 2028 234799 215780 253817
March 2028 235255 213376 257133
April 2028 235300 218358 252241
May 2028 235854 219816 251892
June 2028 237570 215713 259426
July 2028 239298 218479 260117
August 2028 241038 226094 255982
September 2028 242752 226731 258774
October 2028 243318 224583 262053
November 2028 243709 219338 268080
December 2028 244766 231549 257984
Springfield Housing Market Forecast with Real Estate Prices for 2029
January 2029 245567 222729 268405
February 2029 246617 232806 260428
March 2029 248209 234557 261860
April 2029 250014 236263 263765
May 2029 251832 230930 272734
June 2029 253664 230581 276747
July 2029 254723 234090 275355
August 2029 255040 242033 268047
September 2029 255602 232854 278351
October 2029 256952 235882 278022
November 2029 258821 242256 275385
December 2029 260703 243757 277649
Springfield Housing Market Forecast with Real Estate Prices for 2030
January 2030 262599 247106 278093
February 2030 264509 243877 285141
March 2030 266433 244852 288014
April 2030 268371 243144 293598
May 2030 269520 243646 295394
June 2030 270559 253244 287875
July 2030 272527 255903 289151
August 2030 274509 257215 291803
September 2030 276506 252450 300562
October 2030 278517 261806 295228
November 2030 280543 256416 304669
December 2030 282583 260259 304907
Springfield Housing Market Forecast with Real Estate Prices for 2031
January 2031 284638 261298 307979
February 2031 286709 268646 304771
March 2031 288479 266843 310115
April 2031 288713 271102 306325
May 2031 288130 264791 311468
June 2031 287414 264708 310120
July 2031 287607 271501 303713
August 2031 287535 263094 311975
September 2031 287523 259921 315126
October 2031 287540 264250 310831
November 2031 288728 273426 304031
December 2031 290828 262618 319039
Springfield Housing Market Forecast with Real Estate Prices for 2032
January 2032 292944 267165 318723
February 2032 295048 266134 323963
March 2032 295842 267441 324243
April 2032 296140 269191 323088
May 2032 296649 277070 316227
June 2032 296861 274003 319719
July 2032 297438 274832 320043

> 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.