Springfield, OH

Metro area in Ohio · Updated Jan 2026

12-Month Forecast ↑ +3.2%

Median Home Value

$190,705

↑ +4.3%

Year-over-year

Median Rent

$1,176/mo

↑ +5.3%

Year-over-year

Rental Yield

7.4%

Excellent for investors

5-Year Appreciation

+47.5%

Income Needed to Buy

$52,466

20% down, 30% DTI max

Active Listings

329

For-sale inventory

Price-to-Rent Ratio

13.5

Favors buying

Price Forecast

1 Month

↑ +0.4%

3 Months

↑ +1.1%

12 Months

↑ +3.2%

5-Year Price Trend

Calculate your mortgage for Springfield, OH

See monthly payments for a $190,705 home →

Should you rent or buy in Springfield, OH?

Price-to-rent ratio: 13.5x — Buying likely wins. Run a full breakeven analysis with Springfield, OH numbers pre-filled →

Frequently Asked Questions