City

SPRINGFIELD, MN

New Ulm, MN

Median home value: $201K (+12.2% YoY). Part of New Ulm, MN.

Limited Data

Basic Zillow data only. For stress scores, AI analysis, and trends, New Ulm, MN metro page.

Home Value$200,975
+12.2%
AFFORDABILITY

Enter your income for Springfield.

$40,195 on $200,975
Affordable — 20.8% of income

Under the 28% guideline.

PITI$1,302
P/I20.8%
Afford$270K
Room+$69K
P&I $964Tax $188Ins $150
6.00% 30yr, 20% down, county tax + MN ins. 28% per HUD.
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Springfield Housing Market | CrashWatch