Commercial Real Estate Market in Springfield, LA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
77 active listings and 63 off-market properties in Springfield, LA. Commercial property asks $173/SF to buy and $12.00/SF/Yr to lease.
Market Trends
Springfield, LA spans 79.6 square miles in Livingston County, Louisiana. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Springfield, LA runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Springfield, LA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Springfield, LA runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Springfield, LA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Springfield, LA has 5,490 residents in 3,042 households. Density runs 69 people per square mile. Median household income here is $62,520 and median gross rent $1,393 a month.
5,490
Population
3,042
Households
1.8
Avg Household Size
42
Median Age
20%
College-Educated
86%
High-School Grad
79.6 sq mi
ZIP Area
69
Density / Sq Mi
$62,520
Median Household Income
$32,195
Median Earnings
$1,393
Median Rent
$238,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Killian | — | — |
| Albany | — | $12.92 |
| Ponchatoula | — | $13.79 |
Commercial property in Springfield, LA asks $173/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Springfield?
Commercial property in Springfield, LA asks an average of $173 per square foot.
How much does it cost to lease commercial space in Springfield?
Asking lease rates in Springfield, LA average $12.00 per square foot per year.
Where does Realmo's Springfield market data come from?
Realmo compiles Springfield, LA figures from 2 recent recorded sales, 76 active sale listings, 1 active lease listings, 63 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 76 active for-sale and 1 active for-lease listings in Springfield, LA. 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 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South 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 30 September 2026 · How Realmo checks market page data · Report a data issue
