Median home value: $691K (-0.8% YoY). Rent: $2,788/mo. Price-to-rent: 20.6x. Part of Washington-Arlington-Alexandria, DC-VA-MD-WV.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Washington-Arlington-Alexandria, DC-VA-MD-WV metro page.
Home Value$690,613
-0.8%
Rent$2,788/mo
AFFORDABILITYRenting $1,130/mo cheaper ($2,788 rent)6.00% 30yr, 20% down, county tax + VA ins. 28% per HUD.
Enter your income for Springfield.
$138,123 on $690,613
Out of reach — 62.7% of income
Need $167,914/yr to afford.
PITI$3,918
P/I62.7%
Afford$308K
Gap-$382K
P&I $3,312Tax $472Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing