Median home value: $162K (+7.0% YoY). Rent: $1,124/mo. Price-to-rent: 12.0x. Part of Springfield, IL.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Springfield, IL metro page.
Home Value$161,800
+7.0%
Rent$1,124/mo
AFFORDABILITYRenting $103/mo cheaper ($1,124 rent)6.00% 30yr, 20% down, county tax + IL ins. 28% per HUD.
Enter your income for Springfield.
$32,360 on $161,800
Affordable — 19.6% of income
Under the 28% guideline.
PITI$1,227
P/I19.6%
Afford$231K
Room+$69K
P&I $776Tax $301Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing