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MN area data

Springfield, MN

Springfield, MN.

Population: 3,105 (Census ACS)

The median home value in Springfield, MN is $217,174 — up 11.1% over the past year. Homes sell for a median $155,000 after a median 187 days on market. 2 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with coldwave, drought, strongwind the top-rated hazards. Cost of living is 10.0% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$217,174

Median home value

+11.1%

1-year change

187

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value
$217,174
1-year appreciation
+11.1%
3-year appreciation
+25.8%
5-year appreciation
+47.1%
10-year appreciation
+100.9%
All-time peak (2026-04)
$217,476
House Price Index (state)
429.3 (+3.3% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$155,000
Median price per sqft
$69
Median days on market
187 days
Homes sold (recent period)
1
For-sale inventory
8
Sale-to-list ratio
100.0%
1-year forecast
+3.5%

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$754/mo
1BR fair-market rent
$943/mo
2BR fair-market rent
$1,176/mo
3BR fair-market rent
$1,529/mo
4BR fair-market rent
$1,764/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
90.0 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
2
Elementary schools
1
Middle schools
0
High schools
1
Schools include
SPRINGFIELD ELEMENTARY, SPRINGFIELD SECONDARY

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
coldWave, drought, strongWind, winterWeather
Notable hazard ratings (county)
coldWave: Relatively High · drought: Relatively Moderate · hail: Relatively Low · heatWave: Relatively Low · iceStorm: Relatively Low · inlandFlooding: Relatively Low
FEMA flood zone
AE
Flood risk level
High
Wildfire risk to homes (county)
Higher than 13% of US counties
Buildings in wildfire direct-exposure zone
23.8%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
48.0°F
Average high
57.0°F
Average low
39.0°F
Annual precipitation
37.6 in
Annual snowfall
41.7 in
USDA plant hardiness zone
5a (extreme annual low -20 to -15°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
10.7 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
1,987
Jobs reachable by transit (45 min)
2,168

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

Airports within 30 mi
12
Nearest airport
Springfield Municipal Airport (1 mi)
Nearest major airport
Redwood Falls Municipal Airport (RWF) (22 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
SLEEPY EYE MEDICAL CENTER
Solar radiation rating
Fair (3.9 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-59 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,955
Housing built before 1970
61.8%
Housing built 2000 or later
11.4%
Median annual property tax
$1,552
Mean commute to work
17 min
Households with broadband internet
65.9%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
11,528
Average weekly wage
$1,039
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
27

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

SpringfieldState medianUS median
Median home value$217,174$304,931$289,727
Median sale price$155,000$315,500$325,000
Median days on market187 days39 days51 days
Median annual property tax$1,552$2,128$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Springfield, MN?
$217,174.
What is the median sale price in Springfield, MN?
$155,000.
How long do homes take to sell in Springfield, MN?
Median days on market: 187 days.
What is typical rent in Springfield, MN?
2-bedroom fair-market rent: $1,176/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Springfield, MN?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: coldWave, drought, strongWind, winterWeather.
Is Springfield, MN in a flood zone?
High (FEMA NFIP). FEMA flood zone AE.
What is the wildfire risk in Springfield, MN?
Risk to homes is higher than 13% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Springfield, MN?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Springfield, MN?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Springfield, MN?
2 schools (1 elementary, 1 high) (NCES, 2022-23).
Is Springfield, MN walkable?
Walkability index: 10.7/20 (EPA Smart Location Database).
What is the cost of living in Springfield, MN?
Regional Price Parity: 90.0 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

ZIP code for Springfield

Selling a home in Springfield, MN?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents