Home prices
The median home price in Springfield is $73,700. In comparison to nearby areas it is roughly $17,960 (19%) lower.Compared to the rest of the country it is roughly $143,800 (66%) lower, and compared to the city of Fort Wayne is approximately $41,400 (35%) lower.
Rents
The median monthly rent in Springfield is $658. It is about $153 (18%) lower in comparison to the surrounding areas.Compared to the United States as a whole it is about $404 (38%) lower, and compared to the city of Fort Wayne it is about $106 (13%) lower.
Nearby places
Battle Creek
Battle Creek is Springfield's neighbor to the south. Its real estate prices are somewhat more expensive. The value of the median home in Battle Creek is $86,500, which works out to $12,800 (14%) higher than Springfield. Rent there is a bit more expensive. Battle Creek's median rent is $754 per month, which comes out to $96 (12%) higher than Springfield.
Level Park-Oak Park
Level Park-Oak Park is roughly 2 miles northwest of Springfield. The housing prices there are a little more expensive. The price of the median home in Level Park-Oak Park is $106,400, which is $32,700 (30%) higher than Springfield. Rent there is significantly more expensive. In Level Park-Oak Park the median rent is $1,002 per month, which comes out to $344 (34%) higher than Springfield.
Brownlee Park
Brownlee Park is approximately 4 miles east of Springfield. Its real estate prices are a lot less expensive. The median home in Brownlee Park is valued at $47,600, which comes out to $26,100 (54%) lower than Springfield. Rent there is somewhat more expensive. Brownlee Park's median monthly rent is $788, which works out to $130 (16%) higher than Springfield.
Augusta
Augusta is about 5 miles west of Springfield. The real estate prices there are somewhat more expensive. The median home in Augusta costs $95,400, which is $21,700 (22%) higher than Springfield. Rents there are somewhat more expensive. Augusta's median monthly rent is $785, which comes out to $127 (16%) higher than Springfield.
Climax
Climax is approximately 7 miles southwest from Springfield. Housing prices there are significantly more expensive. The median home cost in Climax is $122,400, which is $48,700 (39%) higher than Springfield. Its rents are a bit more expensive. Climax's median rent is $725 a month, which comes out to $67 (9%) higher than Springfield.
