Springfield, Sangamon County, IL Housing Trends, Rent, Price-to-Rent

Market Summary

Springfield, Sangamon County, IL

Median Home Price Price

$151,558 $151.6K

Median Monthly Rent Rent

$1,076 $1.1K

GRM

12.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Springfield, IL is $1,076, with MoM change +$12 and YoY change +$91 pointing to positive momentum while volatility is low (std $23).

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Metric

Base market Springfield, IL

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Delta vs base

Median rent

$1,076

N/A

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Median price

$151,558

N/A

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YoY change

+$91

N/A

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Price-to-rent

11.7x

Data unavailable

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