Commercial Real Estate Market in Springfield, CO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
22 active listings and 328 off-market properties in Springfield, CO.
Market Trends
Springfield, CO spans 639.3 square miles in Baca County, Colorado. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Springfield, CO runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Springfield, CO runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Springfield, CO runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Springfield, CO runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Market overview
Demographics & Economy
Springfield, CO has 1,817 residents in 951 households. Density runs 3 people per square mile. Median household income here is $43,021 and median gross rent $568 a month.
1,817
Population
951
Households
1.9
Avg Household Size
45
Median Age
24%
College-Educated
84%
High-School Grad
639.3 sq mi
ZIP Area
3
Density / Sq Mi
$43,021
Median Household Income
$30,172
Median Earnings
$568
Median Rent
$137,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Vilas | — | — |
| Pritchett | — | — |
| Two Buttes | — | — |
| Edler | — | — |
Commercial property in Springfield, CO asks $60/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Springfield?
Commercial property in Springfield, CO asks an average of $60 per square foot.
Where does Realmo's Springfield market data come from?
Realmo compiles Springfield, CO figures from 7 recent recorded sales, 22 active sale listings, 328 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 22 active for-sale and 0 active for-lease listings in Springfield, CO. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
