Median home value in zip code 62703 (Springfield, IL) is $92,775, up 5.1% year over year. Part of the Springfield, IL metropolitan area.

Home Value$92,775

YoY Change

+5.1%

Prices rising — worse for buyers.

Affordability

Enter your income for 62703 (Springfield).

Income (annual)

Down Payment

$18,555 on $92,775

Example: $75,000 household income. Change it above to see your own.

Affordable12.7% of income

Under the 28% guideline.

PITI$792

P/I12.7%

Afford$205K

Room+$112K

P&I $469Tax $172Ins $150

6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

62703 is part of the Springfield, IL metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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