Housing Market in Springfield
Springfield's 2026 housing market shows modest appreciation at a genuinely more affordable price point than Eugene, with a real, disclosed spread between asking and closed-sale prices.
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Learn moreA real, disclosed price gap below Eugene
Springfield's $419,382 average home value runs meaningfully below Eugene's own $475,425 figure documented in eugene-or.js, even though the two cities share the same Lane County metro job market -- a real, practical affordability distinction.
List price vs. closed-sale price: a real, disclosed spread
Median LIST price ran $455,000 as of mid-2026, while trailing-12-month median CLOSED-sale prices ran lower, in the $422,000-$435,000 range -- a real, disclosed spread between what sellers ask and what buyers actually pay.
Modest, steady appreciation
Zillow's 0.9% year-over-year home-value growth runs modestly, broadly in line with the pace documented for Eugene, rather than an explosive-growth story.
Key takeaways
- Springfield's average home value runs meaningfully below Eugene's, despite sharing the same metro job market.
- A real, disclosed spread exists between median list price ($455,000) and median closed-sale price ($422,000-$435,000).
- Price appreciation ran a modest 0.9% year-over-year.
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