Median home value in zip code 62703 (Springfield, IL) is $93K, up 5.1% year over year. Part of the Springfield, IL metropolitan area.

Full stress scores, AI analysis, and 12-month forecast: Springfield, IL metro →

Home Value$92,775

YoY Change

+5.1%

AFFORDABILITY

Enter your income for 62703 (Springfield).

Income (annual)

Down Payment

$18,555 on $92,775

Affordable — 12.7% 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.

View Springfield, IL analysis

Want deeper metro-level analysis?Stress scores, crash risk, 12-month forecasts, and early warning signals for 195 US metros.

Try Free