Current Price

$177,934

1 Month Forecast

â–² $197,080

1-Year Forecast *

â–² $202,864

5-Year Forecast *

â–² $212,213

"Is it a good time to buy homes in Springfield?" "Does investing in real estate in Springfield (South Dakota State, Bon Homme 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 South Dakota State, Bon Homme 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 177,934 USD on 2026-02-15. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Springfield" area is 212,213 USD by 2031-02-15. For a 5-year investment the profit is expected to be around +19.26% meaning that investing 100000 USD today may yield a profit of 19,265 USD by 2031.

Current Median Listing Price: 177,934 USD Median Listing Price Per Square Foot: 99 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 (South Dakota 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: $202,864* (upside of 14.0%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $196,050 $195,346 $195,346 $197,161
2024 $184,581 $177,934 $176,816 $186,340
2023 $187,444 $185,010 $185,010 $198,139
2022 $175,250 $183,735 $175,250 $184,326
2021 $164,690 $173,734 $164,690 $177,549
2020 $146,853 $162,599 $143,864 $162,599
2019 $0 $147,849 $0 $159,941
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

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 $177,934 USD.

What is the average price per square foot in Springfield?

According to Walletinvestor the median price per square foot in Springfield is 99 USD.

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

Yes. The Springfield home prices may rise from 177,934 USD to 202,864 USD in one year.

Is it profitable to invest in Springfield homes?

Yes. The long-term profit potential is +14.01% 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 206,220 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 221,865 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 14710. largest city in the United States, located in South Dakota State.

During the last 12 months the real estate prices in Bon Homme, 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 8.997% to 177,934 USD, between 2025-02-15 and 2026-02-15

The average annual profit of property investment was:

  • 14.851% in 2021
  • 14.791% in 2022
  • 12.291% in 2023
  • 15.961% in 2024
  • 12.171% in 2025
  • 15.461% in 2026

Based on our Springfield real estate market research and report the predicted sales prices will increase by 271.071% in the next 10 years.

Over the last 12 months, the value of homes in Springfield fluctuated: increasing 3 times and decreasing 2 times.

Springfield (South Dakota) 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 197080 181117 213044
September 2025 198831 178948 218714
October 2025 200596 180737 220456
November 2025 202378 183557 221199
December 2025 203719 189459 217979
Springfield Housing Market Forecast with Real Estate Prices for 2026
January 2026 202446 185643 219249
February 2026 200895 187636 214154
March 2026 199355 184403 214307
April 2026 199932 182738 217126
May 2026 201029 190576 211483
June 2026 202784 185953 219615
July 2026 202864 188055 217673
August 2026 203760 193164 214355
September 2026 204543 185316 223770
October 2026 206251 193051 219452
November 2026 208083 191853 224314
December 2026 209931 189148 230714
Springfield Housing Market Forecast with Real Estate Prices for 2027
January 2027 211796 191887 231704
February 2027 211862 197456 226269
March 2027 210902 193608 228196
April 2027 210242 192161 228323
May 2027 211183 194500 227867
June 2027 213059 198571 227547
July 2027 214951 198830 231072
August 2027 216860 201246 232474
September 2027 218786 204127 233445
October 2027 220729 208810 232648
November 2027 220233 200192 240274
December 2027 218545 201061 236029
Springfield Housing Market Forecast with Real Estate Prices for 2028
January 2028 216904 199117 234690
February 2028 215951 197595 234307
March 2028 214296 200152 228439
April 2028 212653 191813 233493
May 2028 211023 191187 230859
June 2028 210534 190533 230535
July 2028 209911 198575 221246
August 2028 211775 194197 229352
September 2028 211469 200261 222677
October 2028 209848 198726 220970
November 2028 208240 190748 225732
December 2028 207402 192884 221921
Springfield Housing Market Forecast with Real Estate Prices for 2029
January 2029 206419 187428 225409
February 2029 205230 189632 220827
March 2029 203665 187779 219550
April 2029 204863 187450 222276
May 2029 204953 186097 223808
June 2029 206773 189611 223935
July 2029 206220 195496 216943
August 2029 207092 195288 218897
September 2029 206986 189392 224580
October 2029 207703 197318 218089
November 2029 207945 191933 223956
December 2029 206351 185716 226986
Springfield Housing Market Forecast with Real Estate Prices for 2030
January 2030 208184 190696 225671
February 2030 210032 197010 223054
March 2030 211898 192615 231180
April 2030 213780 202449 225110
May 2030 215196 196044 234348
June 2030 213852 199310 228394
July 2030 212213 195236 229190
August 2030 210586 195003 226170
September 2030 211196 198313 224079
October 2030 212355 194729 229980
November 2030 214208 195358 233058
December 2030 214293 202078 226508
Springfield Housing Market Forecast with Real Estate Prices for 2031
January 2031 215239 204046 226431
February 2031 216067 194676 237457
March 2031 217871 202184 233558
April 2031 219806 203980 235632
May 2031 221758 200913 242603
June 2031 223728 204934 242521
July 2031 223798 211041 236554
August 2031 222784 205630 239938
September 2031 222087 203209 240964
October 2031 223081 203450 242712
November 2031 225062 206157 243967
December 2031 227061 211394 242728
Springfield Housing Market Forecast with Real Estate Prices for 2032
January 2032 229077 216478 241677
February 2032 231112 218170 244054
March 2032 233164 219874 246455
April 2032 232640 212866 252415
May 2032 230857 214466 247248
June 2032 229123 210794 247453
July 2032 228117 206218 250016

> 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.