Markets/Ohio/Springfield

Springfield, OH Real Estate Market 2026

Investor-grade market analytics for Springfield, Ohio. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through July 2026.

Median Home Price

$202,847

+4.0% year-over-year

Est. Rental Yield

7.1%

gross annual

12-Month Forecast

+4.0%

base case (Zillow ZHVF)

+4.0% year-over-year

Climate Risk

25/100

Low

Market Momentum

๐ŸŒค๏ธ
Warm
2mo supply ยท Score +2/7

Net migration: Top 47% nationally

Income Migration

โžก๏ธ Neutral1.03x

In-migrants avg $50,440 AGI vs out-migrants $49,004

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Opportunity Zone Market

5 ZIP codes in Springfield are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more โ†’

Springfield Market Summary

Springfield, OH shows steady growth at 4.0% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 3.33x, below the national average of 4.8x. Modest net positive migration (+11 returns/year) provides steady demand support. Climate risk remains low (25/100), favorable for long-term investment stability. Rental yield of 7.11% is strong, making this market attractive for buy-and-hold investors.

Affordability

Affordability Score95/100
Price-to-Income Ratio3.3x (national avg 4.8x)
Median Household Income$60,846

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+2.0%
Base Case+4.0%
Bull Case+6.0%

Climate & Natural Hazard Risk

Springfield, OH's primary climate exposure is flooding (50/100). The composite climate risk score of 25/100 (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

Get the full Springfield dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.