Clark County · Springfield · population 58,138
Where Springfield stands
At or near all-time high. home values up 4.7% in the last year. averaging 7.8% annual growth over 5 years. rents up 9.9% in the last year.
Home value trajectory · last 10 years
Zillow ZHVI · monthlyLifestyle scores
Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.
Rent trajectory · last 5 years
Zillow ZORI · monthlyHome value vs rent · indexed to 100
Both rebased at first month of ZORI data (~2015)Rent vs buy
At a 13.7 price-to-rent ratio, buying generally beats renting in Springfield on a long-enough horizon. The headline math is that one year of mortgage payments approximates 13.7 years of rent — well below the 15+ threshold where ownership starts to dominate.
How the momentum score breaks down
methodology →Springfield has averaged 7.8% annual appreciation over five years and the trend is still live (+4.7% in the last 12 months). When a momentum trade keeps working, the simplest explanation is usually correct: more people want in.
Springfield's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.
About Springfield
Springfield is a city in Clark County, Ohio, with an estimated population of 58,138. The median home value in Springfield is $190,032 as of 2026-04, up 4.7% over the last 12 months. Over the last five years, home values have averaged +7.8% annual growth, with prices at or near the 5-year peak. Rents in Springfield average $1,158 per month, up 9.9% year-over-year. The composite momentum score is 75 of 100 (Rising). The market is healthy with prices supported by underlying demand.
▲ Bull case
▼ Bear case
About Springfield (Wikipedia)
Springfield is a city in Clark County, Ohio, United States, and its county seat. It is located in southwestern Ohio along the Mad River, Buck Creek, and Beaver Creek, about 45 miles (72 km) west of Columbus and 25 miles (40 km) northeast of Dayton. The city had a total population of 58,662 at the 2020 census, while the Springfield metropolitan area had 136,001 residents.
Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.
City facts
Extracted from the Wikipedia infobox. Values may be slightly out of date relative to the latest sources.
Playbook
You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.
Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.
Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.
Local safety & alerts
No active National Weather Service alerts for Clark County right now.
Public-safety links are official .gov sources, not curated by us. Clark County routes NWS alerts; check the state EM portal for non-weather emergencies.
Neighborhoods of Springfield
1 tracked · ranked by median home valueCities like Springfield
Run the numbers for Springfield
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.
Climate & natural-disaster risk
State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.
Current weather
Find rentals & listings
Open current Springfield listings on the major real-estate sites.
Links open the live search on the destination site — results are always current.
Local news & community
Latest news
- How gas prices have changed in Springfield, Ohio in the last weekWHIO-TV · 2d ago
- Edwin Fenner Obituary (1944 – 2026) – Springfield, OH – Dayton Daily NewsLegacy · 3d ago
- Springfield, Ohio’s Haitian Workers Face Uncertain FutureThe New York Times · 3w ago
- Springfield man faces 10th operating a vehicle under the influence chargeWLWT · 2d ago
- Springfield man charged with 10th OVI following traffic stop, troopers sayWKEF · 3d ago
- Springfield, Ohio awaits masked thugs out to brutalize neighbors and stomp on the Bill of RightsOhio Capital Journal · 3mo ago
Local chatter (Reddit)
Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.
Local sports teams
Major professional teams the Springfield area cheers for. Detailed stats, schedules, and player pages on intherafters.com.
Local economy & environment
Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.
Cities similar to Springfield
Explore other places with comparable momentum or affordability.