Market Summary

Springfield, Calhoun County, MI

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Median Home Price Price

$131,787 $131.8K

Median Monthly Rent Rent

$1,261 $1.3K

GRM

9.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Calhoun County

Region Price Rent GRM Display
$169,335 $1,211 12.0x
$136,366 $984 12.0x
$170,466 $1,228 12.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Calhoun County

Region Price Rent GRM Display
$222,586 $1,279 14.0x
$369,406 $1,433 21.0x
$151,916 $1,549 8.0x
$149,254 $1,494 8.0x
$150,035 $1,066 12.0x
$193,979 $1,304 12.0x
$226,243 $1,309 14.0x
$155,812 $1,193 11.0x
$262,300 $1,455 15.0x
$292,201 $1,284 19.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of MI

Region Price Rent GRM Display
$273,510 $1,334 17.0x
$139,749 $1,282 9.0x
$141,457 $1,146 10.0x
$209,447 $1,395 13.0x
$199,723 $1,134 15.0x
$162,260 $1,264 11.0x
$164,369 $983 14.0x
$175,326 $1,122 13.0x
$199,169 $1,377 12.0x
$275,600 $1,307 18.0x
$243,749 $1,095 19.0x
$296,836 $1,389 18.0x
$121,575 $1,068 9.0x
$210,032 $1,131 15.0x
$199,189 $1,379 12.0x
$228,697 $1,262 15.0x
$117,966 $1,299 7.0x
$228,550 $1,093 17.0x
$170,906 $2,059 7.0x
$179,047 $1,013 15.0x
$291,118 $1,242 20.0x
$285,217 $1,319 18.0x
$128,161 $870 12.0x
$265,989 $2,585 9.0x
$242,184 $1,180 17.0x
$182,021 $1,112 14.0x
$195,664 $1,246 13.0x
$319,359 $1,541 17.0x
$411,751 $1,293 27.0x
$122,219 $1,235 8.0x
$174,081 $1,087 13.0x
$341,154 $1,516 19.0x

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, MI is $1,261, with MoM change +$19 and YoY change +$155 pointing to positive momentum while volatility is low (std $43).

Benchmark Markets Side by Side

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

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Springfield, MI
Compare market Select a market
Delta vs base
Median rent
$1,261
N/A
Median price
$131,787
N/A
YoY change
+$155
N/A
Price-to-rent
8.7x
Data unavailable
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