Median home value: $323K (-1.1% YoY). Rent: $1,619/mo. Price-to-rent: 16.6x. Part of Nashville-Davidson--Murfreesboro--Franklin, TN.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Nashville-Davidson--Murfreesboro--Franklin, TN metro page.
Home Value$323,296
-1.1%
Rent$1,619/mo
AFFORDABILITYRenting $290/mo cheaper ($1,619 rent)6.00% 30yr, 20% down, county tax + TN ins. 28% per HUD.
Enter your income for Springfield.
$64,659 on $323,296
Stretch — 30.5% of income
Above 28% but manageable with cuts.
PITI$1,909
P/I30.5%
Afford$296K
Gap-$27K
P&I $1,551Tax $191Ins $167
Home Buying Kit For Dummies (2025)Financing, negotiation, closing