Median home value in zip code 62712 (Springfield, IL) is $322,724, up 8.4% year over year. Part of the Springfield, IL metropolitan area.

Home Value$322,724

YoY Change

+8.4%

Prices rising — worse for buyers.

Affordability

Enter your income for 62712 (Springfield).

Income (annual)

Down Payment

$64,545 on $322,724

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

Out of reach38.1% of income

Need $102,086/yr to afford.

PITI$2,382

P/I38.1%

Afford$237K

Gap-$86K

P&I $1,632Tax $600Ins $150

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

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

Metro Analysis

62712 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

Weekly briefing

Every Monday — score changes, top movers, and what shifted. Free.