The median home in Springfield, Illinois is valued at $161,800, up 7.0% year over year. Typical monthly rent is $1,124, producing a price-to-rent ratio of 12x — below the national average of 18x. Springfield is part of the Springfield, IL metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
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Home Value$161,800
+7.0%
Rent$1,124/mo
AFFORDABILITYRenting $145/mo cheaper ($1,124 rent)6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.
Enter your income for Springfield.
$32,360 on $161,800
Affordable — 20.3% of income
Under the 28% guideline.
PITI$1,269
P/I20.3%
Afford$223K
Room+$61K
P&I $818Tax $301Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
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Full Springfield, IL analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Springfield, IL metro.
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