Home prices
The median home in Springfield costs $120,700. Compared to its nearby areas it is approximately $21,480 (21%) higher.Compared to the entire nation it is roughly $96,800 (44%) lower, and compared to the city of Lexington-Fayette it is about $69,100 (36%) lower.
Rents
The median rent in Springfield is $588 a month. Compared to its surrounding areas it is about $127 (17%) lower.It is roughly $474 (44%) lower compared to the rest of the country, and compared to the city of Lexington-Fayette it is about $308 (34%) lower.
Nearby places
Mackville
Mackville is approximately 7 miles northeast from Springfield. Its housing prices are a little less expensive. The median home value in Mackville is $95,000, which works out to $25,700 (27%) lower than Springfield. Rent there is somewhat more expensive. The median rent in Mackville is $775 a month, which comes out to $187 (24%) higher than Springfield.
Lebanon
Lebanon is approximately 8 miles south of Springfield. Housing prices there are a bit less expensive. The median home in Lebanon costs $92,600, which works out to $28,100 (30%) lower than Springfield. Rent there is similar. The median rent in Lebanon is $592 a month, which is very similar to Springfield.
Loretto
Loretto is approximately 9 miles southwest from Springfield. Its real estate prices are somewhat less expensive. Loretto's median home cost is $108,100, which comes out to $12,600 (11%) lower than Springfield. Its rents are fairly similar. Loretto's median rent is $590 per month, which is very similar to Springfield.
Willisburg
Willisburg is about 9 miles northeast from Springfield. Housing prices there are a bit less expensive. The median home in Willisburg costs $109,700, which works out to $11,000 (10%) lower than Springfield. Its rents are a little more expensive. In Willisburg the median monthly rent is $820, which comes out to $232 (28%) higher than Springfield.
Perryville
Perryville is about 13 miles east from Springfield. The real estate prices there are a lot less expensive. Perryville's median home price is $90,700, which works out to $30,000 (33%) lower than Springfield. Rents there are a bit more expensive. Perryville's median monthly rent is $800, which works out to $212 (26%) higher than Springfield.
