Investor-grade market analytics for Springfield, Illinois. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.
$188,362
+7.9% year-over-year
7.3%
gross annual
-6.1%
base case (Zillow ZHVF)
-6.1% year-over-year
Springfield, IL is experiencing strong growth with 7.9% year-over-year appreciation, indicating a seller's market with robust demand. Affordability remains favorable with a price-to-income ratio of 2.53x, below the national average of 4.8x. Climate risk remains low (30/100), favorable for long-term investment stability. Rental yield of 7.26% is strong, making this market attractive for buy-and-hold investors.
12-month projection (Zillow ZHVF model)
Springfield, IL's primary climate exposure is wind storms (60/100). The composite climate risk score of 30/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.