Home prices
The median home in Springfield is valued at $204,700. This is roughly $27,920 (12%) lower in comparison to nearby areas.In comparison to the country as a whole it is roughly $12,800 (5%) lower, and compared to the city of Eugene it is about $83,900 (29%) lower.
Rents
In Springfield the median rent is $929 per month. In comparison to the surrounding areas this is approximately $65 (7%) higher.In comparison to the country as a whole it is approximately $133 (12%) lower, and in comparison to the city of Eugene it is approximately $102 (9%) lower.
Nearby places
Coburg
Coburg is roughly 6 miles northwest of Springfield. Real estate prices there are a lot more expensive. The median home value in Coburg is $306,000, which works out to $101,300 (33%) higher than Springfield. Rent there is somewhat less expensive. The median rent in Coburg is $856 a month, which works out to $73 (8%) lower than Springfield.
Creswell
Creswell is roughly 8 miles south of Springfield. Its housing prices are somewhat more expensive. The median home in Creswell is valued at $218,300, which is $13,600 (6%) higher than Springfield. Rent there is somewhat less expensive. The median monthly rent in Creswell is $880, which comes out to $49 (5%) lower than Springfield.
Lowell
Lowell is approximately 11 miles southeast of Springfield. Housing prices there are a little less expensive. The median home in Lowell is valued at $192,700, which comes out to $12,000 (6%) lower than Springfield. Its rents are similar. Lowell's median monthly rent is $944, which comes out to $15 (1%) higher than Springfield.
Junction City
Junction City is roughly 13 miles northwest from Springfield. The housing prices there are a little more expensive. The median home in Junction City costs $230,700, which is $26,000 (11%) higher than Springfield. The rent there is somewhat less expensive. Junction City's median rent is $769 a month, which comes out to $160 (20%) lower than Springfield.
Veneta
Veneta is about 15 miles west of Springfield. Its real estate prices are similar. Veneta's median home cost is $215,400, which works out to $10,700 (4%) higher than Springfield. Rents there are a little less expensive. In Veneta the median monthly rent is $869, which works out to $60 (6%) lower than Springfield.