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Home values, rents and more in Springfield, MN

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$212,000
Metro: $247,000 · U.S.: $366,000
Home values, past year
+8.4%
Metro: +7.2% · U.S.: +1.2%
Population
2,125
ACS 2020–24
Median household income
$59,434
Metro: $69,378 · U.S.: $80,734
ZIP codes around Springfield, MN, shaded by typical home valueSpringfield56087
  • Under $0k
  • No data
ZIP codes around Springfield, MN, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Springfield is outlined.

How Springfield compares

The typical home in Springfield, MN is worth about $212,000, according to the Zillow Home Value Index for September 2026. Home values in Springfield are 14% below the typical value in the New Ulm metro area ($247,000) and 42% below the U.S. typical value ($366,000).

Over the past year, home values in Springfield rose 8.4%, compared with +7.2% in the New Ulm metro area and +1.2% nationally.

The median household income is $59,434, against $69,378 in the New Ulm metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 2,125 people live in Springfield (American Community Survey 2020–24).

Springfield has the 3rd-highest typical home value of the 5 cities in the New Ulm metro area and the 135th-lowest of 675 in Minnesota with Zillow figures.

Part of: Brown County, MN · New Ulm metro area · Minnesota

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

ZIP codes in Springfield, MN

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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