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States / Illinois / Springfield

Springfield, IL Housing

ACS 2020-2024

Median Home Value
$162,100 ± $4,251
Median Gross Rent
$975 ± $21/mo
Homeownership Rate
64.3%
Rent as Share of Income
17.7%
Price-to-Income Ratio
2.5×
Vacancy Rate
11.1%
Median Year Built
1972

New Construction (2025)

Housing units authorized by building permit — a leading signal of new supply, from the Census Building Permits Survey.

Units Authorized
146
Buildings
126
Single-Family Units
106
Multi-Family Units
40

Nearby Cities in Illinois

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.

Springfield, IL Housing: Rent & Home Values | HomeDataUSA