The median home in Springfield, Florida is valued at $207,000, down 4.8% year over year. Typical monthly rent is $1,449, producing a price-to-rent ratio of 11.9x — below the national average of 18x. Springfield is part of the Panama City, FL metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Panama City, FL stress score, crash risk, and 12-month forecast →

Home Value$207,000

-4.8%

Rent$1,449/mo

AFFORDABILITY

Enter your income for Springfield.

Income (annual)

Down Payment

$41,400 on $207,000

Affordable — 24.7% of income

Under the 28% guideline.

PITI$1,545

P/I24.7%

Afford$234K

Room+$27K

P&I $1,047Tax $148Ins $350

Renting $96/mo cheaper ($1,449 rent)6.50% 30yr, 20% down, county tax + FL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Florida

Compare Springfield with other housing markets across Florida.

Jupiter Island$9494K Golden Beach$7499K Fisher Island$6393K Lake Buena Vista$6088K Jupiter Inlet Colony$3619K Manalapan$3569K Golf$2871K Boca Grande$2635K

Full Panama City, FL analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Panama City, FL metro.

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SPRINGFIELD, FL