Market Summary

Springfield, Washington County, KY

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Median Home Price Price

$237,549 $237.5K

Median Monthly Rent Rent

$849 $849

GRM

23.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Washington County

Region Price Rent GRM Display
$229,579 $1,252 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets within KY outside of Washington County

Region Price Rent GRM Display
$193,032 $1,125 14.0x
$244,408 $844 24.0x
$233,675 $1,011 19.0x
$224,253 $1,252 15.0x
$271,630 $1,121 20.0x
$218,395 $962 19.0x
$282,726 $947 25.0x
$210,062 $844 21.0x
$253,057 $1,237 17.0x
$286,916 $1,023 23.0x
$239,429 $920 22.0x
$255,668 $1,049 20.0x
$171,304 $824 17.0x
$268,222 $1,120 20.0x
$198,342 $1,001 17.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of KY

Region Price Rent GRM Display
$270,746 $884 26.0x
$341,910 $886 32.0x
$233,489 $1,597 12.0x
$368,412 $901 34.0x
$325,408 $1,223 22.0x
$346,652 $840 34.0x
$177,106 $847 17.0x
$225,451 $732 26.0x
$299,419 $1,342 19.0x
$259,420 $854 25.0x
$230,298 $1,013 19.0x
$159,318 $912 15.0x
$279,605 $916 25.0x
$274,535 $1,105 21.0x
$342,301 $1,409 20.0x
$232,547 $887 22.0x
$166,220 $960 14.0x
$339,281 $964 29.0x
$150,997 $921 14.0x
$424,255 $1,026 34.0x
$303,715 $882 29.0x
$247,287 $885 23.0x
$170,544 $1,001 14.0x
$179,047 $1,013 15.0x
$214,918 $890 20.0x
$207,965 $1,132 15.0x
$282,491 $931 25.0x

Home prices

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Monthly rent

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GRM

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Springfield

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Trend Insights

Median Rent in Springfield, KY is $849, with MoM change +$9 and YoY change +$66 pointing to positive momentum while volatility is low (std $17).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Springfield, KY.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Springfield, KY
Compare market Select a market
Delta vs base
Median rent
$849
N/A
Median price
$237,549
N/A
YoY change
+$66
N/A
Price-to-rent
23.3x
Data unavailable
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