All Home Types
Springfield, MI Housing Market
What is the housing market like in Springfield today?
In October 2024, Springfield home prices were up 50.8% compared to last year, selling for a median price of $195K. On average, homes in Springfield sell after 14 days on the market compared to 27 days last year. There were 2 homes sold in October this year, down from 3 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$194,500
+50.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Springfield, MI
$194,500
+50.8%
United States
Springfield Migration & Relocation Trends
In Sep '24 - Nov '24, 39% of Springfield homebuyers searched to move out of Springfield, while 61% looked to stay within the metropolitan area.
- Across the nation, 0.11% of homebuyers searched to move into Springfield from outside metros.
- Chicago homebuyers searched to move into Springfield more than any other metro followed by Detroit and Los Angeles.
Where are people moving to Springfield from?
- 61% of Springfield homebuyers searched to stay within the Springfield metropolitan area.
- Grand Rapids was the most popular destination among Springfield homebuyers followed by South Bend and New Orleans.
Where are people from Springfield moving to?
Number of People Moving to Springfield
least
most
People are moving to Springfield from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 165 | ||
| 2 | 92 | ||
| 3 | 36 | ||
| 4 | 36 | ||
| 5 | 28 | ||
| 6 | 17 | ||
| 7 | 14 | ||
| 8 | 14 | ||
| 9 | 13 | ||
| 10 | 12 | ||
People are leaving Springfield for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 40 | ||
| 2 | 24 | ||
| 3 | 7 | ||
| 4 | 7 | ||
| 5 | 6 | ||
| 6 | 5 | ||
| 7 | 5 | ||
| 8 | 4 | ||
| 9 | 4 | ||
| 10 | 3 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Springfield.
Provided by First Street Foundation
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