Springfield, MN
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    Price
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    Operating Costs & Financing

    Springfield property taxes are above the county average by 0.65 percentage points. Average Loan-to-Value is 65.0%.

    Effective Property Tax $24.68 per sq ft
    Tax Rate (average for all types) 2.81%
    Tax Rate vs County Average 0.65 pp above county avg
    Avg Loan-to-Value 65.0%

    New Listings Trend, 12 Mo

    Number of new listings by month over the past year in Springfield.

    Leading Commercial Asset Segments

    Land 3
    Automotive properties 2
    Car washes 2
    Retail properties & Spaces 2
    Commercial land 1

    Springfield Demographics Overview

    Population 3,240
    Population Growth (5Y) +8.4%
    Median Household Income $64,566
    College Educated 31.6%

    Top Neighborhoods for Investment

    Discover the areas of Springfield with the highest concentration of for-sale assets and compare their average market prices.

    Neighborhood Price Range Average Price
    56087 $119.9K - 675K $397.5K

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