Market Summary

Springfield, Maricopa County, AZ

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Median Home Price Price

$395,463 $395.5K

Median Monthly Rent Rent

$2,703 $2.7K

GRM

12.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Maricopa County

Region Price Rent GRM Display
$417,448 $2,337 15.0x
$496,737 $2,718 15.0x
$485,064 $2,375 17.0x
$563,765 $2,844 17.0x
$365,436 $2,098 15.0x
$512,556 $2,722 16.0x
$414,408 $1,891 18.0x
$442,269 $1,996 19.0x
$360,384 $2,258 13.0x
$356,089 $1,841 16.0x
$391,051 $2,165 15.0x
$350,785 $1,712 17.0x
$368,845 $1,621 19.0x

Home prices

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Monthly rent

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GRM

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Similar markets within AZ outside of Maricopa County

Region Price Rent GRM Display
$338,214 $2,378 12.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of AZ

Region Price Rent GRM Display
$337,882 $2,232 13.0x
$565,292 $2,380 20.0x
$309,864 $2,205 12.0x
$272,051 $1,689 13.0x
$358,537 $2,018 15.0x
$304,591 $1,813 14.0x
$306,747 $1,994 13.0x
$593,761 $2,630 19.0x
$255,673 $1,761 12.0x
$334,726 $1,451 19.0x
$409,137 $1,936 18.0x
$424,103 $2,226 16.0x
$348,093 $2,398 12.0x
$314,008 $2,067 13.0x
$284,285 $1,822 13.0x
$291,791 $1,771 14.0x
$455,385 $2,329 16.0x
$426,737 $2,651 13.0x
$263,165 $1,964 11.0x
$469,516 $2,497 16.0x
$283,577 $1,939 12.0x
$290,607 $1,774 14.0x

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, AZ is $2,703, with MoM change +$12 and YoY change +$18 pointing to positive momentum while volatility is low (std $13).

Benchmark Markets Side by Side

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

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Metric
Base market Springfield, AZ
Compare market Select a market
Delta vs base
Median rent
$2,703
N/A
Median price
$395,463
N/A
YoY change
+$18
N/A
Price-to-rent
12.2x
Data unavailable
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