Market Summary

Springfield, Brown County, MN

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Median Home Price Price

$188,964 $189K

Median Monthly Rent Rent

$1,000 $1K

GRM

16.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Brown County

Region Price Rent GRM Display
$227,383 $1,168 16.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MN outside of Brown County

Region Price Rent GRM Display
$245,486 $1,562 13.0x
$345,911 $983 29.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of MN

Region Price Rent GRM Display
$319,416 $1,047 25.0x
$149,296 $1,124 11.0x
$281,215 $1,082 22.0x
$155,788 $1,018 13.0x
$136,877 $1,038 11.0x
$147,556 $1,032 12.0x
$308,131 $1,314 20.0x
$297,588 $1,142 22.0x
$138,064 $932 12.0x
$392,662 $1,089 30.0x
$163,083 $818 17.0x
$185,614 $822 19.0x
$298,615 $1,048 24.0x
$341,154 $1,516 19.0x
$310,358 $1,326 20.0x
$263,102 $994 22.0x
$290,027 $1,028 23.0x
$251,802 $1,134 18.0x
$162,902 $948 14.0x
$133,505 $904 12.0x
$252,849 $972 22.0x
$183,227 $1,004 15.0x
$202,252 $2,441 7.0x
$207,808 $1,118 16.0x
$178,067 $1,113 13.0x
$286,359 $1,125 21.0x
$158,750 $953 14.0x
$109,564 $1,194 8.0x
$291,118 $1,242 20.0x
$265,745 $1,005 22.0x
$179,922 $1,296 12.0x
$294,328 $1,047 23.0x
$279,888 $1,057 22.0x
$266,205 $1,328 17.0x
$182,246 $1,000 15.0x
$202,391 $1,226 14.0x
$296,976 $1,067 23.0x
$251,263 $866 24.0x
$148,320 $1,111 11.0x

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, MN is $1,000, with MoM change +$10 and YoY change +$97 pointing to positive momentum while volatility is low (std $25).

Benchmark Markets Side by Side

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

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Metric
Base market Springfield, MN
Compare market Select a market
Delta vs base
Median rent
$1,000
N/A
Median price
$188,964
N/A
YoY change
+$97
N/A
Price-to-rent
15.7x
Data unavailable
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