Home prices
Springfield's median home value is $87,300. This is roughly $17,480 (25%) higher compared to other places in this area.In comparison to the United States as a whole it is roughly $130,200 (59%) lower, and compared to the city of Mankato it is roughly $92,100 (51%) lower.
Rents
The median rent in Springfield is $600 a month. In comparison to nearby areas it is roughly $22 (3%) higher.Compared to the entire nation it is roughly $462 (43%) lower, and compared to the city of Mankato is roughly $299 (33%) lower.
Nearby places
Sanborn
Sanborn is about 6 miles west of Springfield. Its housing prices are substantially less expensive. The median home in Sanborn costs $48,100, which is $39,200 (81%) lower than Springfield. Rents there are significantly less expensive. Sanborn's median rent is $430 a month, which comes out to $170 (39%) lower than Springfield.
Comfrey
Comfrey is approximately 8 miles south of Springfield. Its real estate prices are a bit less expensive. The cost of the median home in Comfrey is $82,000, which works out to $5,300 (6%) lower than Springfield. Rents there are somewhat less expensive. In Comfrey the median rent is $563 a month, which comes out to $37 (6%) lower than Springfield.
Clements
Clements is approximately 9 miles north of Springfield. Its housing prices are substantially less expensive. The median home in Clements costs $55,800, which is $31,500 (56%) lower than Springfield. Rents there are somewhat more expensive. In Clements the median monthly rent is $642, which works out to $42 (6%) higher than Springfield.
Evan
Evan is about 9 miles northeast of Springfield. Housing prices there are a lot less expensive. Evan's median home cost is $44,200, which comes out to $43,100 (97%) lower than Springfield. The rent there is a little more expensive. Evan's median rent is $675 per month, which is $75 (11%) higher than Springfield.
Sleepy Eye
Sleepy Eye is approximately 11 miles east from Springfield. Housing prices there are a little more expensive. The median home in Sleepy Eye is valued at $119,000, which is $31,700 (26%) higher than Springfield. Rent there is similar. In Sleepy Eye the median rent is $580 per month, which works out to $20 (3%) lower than Springfield.