Springfield, Oregon.
Typical home $414,755 (+1.1% in a year), asking rent $1,689 (+3.1%). Eugene-Springfield, OR metro.
to buy the typical home at today's mortgage rate — +$1,131 (+108%) since Jan 2020.
- 1 year
- Up $4,468 +1%
- $410,288$414,755 since Sep 2025
- 5 years
- Up $40,725 +11%
- $374,031$414,755 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Springfield$2,177
- Oregon$2,586
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 34 years.
Typical home values in Springfield, OR rose 1.1% over the past year — in step with the nation.
Asking rents in Springfield, OR rose 3.1% over the past year — faster than the nation's +2.7%.
Owning the typical home in Springfield runs $1,216/mo more than renting one. The gap peaked at $1,397 in Oct 2023.
That is $2,905 a month against $1,689 rent: a $2,177 mortgage payment, plus $284 property tax and $444 insurance & upkeep.
Owning vs renting — Springfield
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$2,905
- Renting$1,689
- Mortgage only$2,177
Property tax · $284/mo 0.82% of value a year — the ACS 2020-2024 median bill over the median home value for Lane County, OR
Insurance & upkeep · $444/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Springfield, Lane County, Oregon
Springfield is a city of 61,851 people in Lane County. Half its households earn more than $68,761 a year and half less, against $71,544 across Lane County; 15% of its people live below the poverty line. 55% of its homes are lived in by their owners and 45% are rented. Unemployment in Springfield was 5.5% in August 2026, and Lane County had 0.3% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Springfield sits right beside Eugene in Lane County, and the cities run into each other along the Willamette Valley floor. Fewer homes here are lived in by their owners than across much of the country, and household incomes run a little below the county's. Winters are cool and wet, with December the coldest month, summers turn warm in August, and the year brings a good amount of rain and melted snow.
Work. Many residents work in schools, hospitals and social care, with shops, manufacturing, and professional and business services also employing plenty of people. Among the largest workplaces in Springfield are the hospital known as Shmc-riverbend, the Springfield school district, and International Paper, which makes kraft liner board. The commute is fairly short, and a few residents work from home.
Things to do. The Mohawk River runs in or beside town, and Dorris Ranch Living History Farm, a garden and working-history site, is also in or beside town. A short drive away are Hayward Field, a stadium best known for track and field, and the Jordan Schnitzer Museum of Art. The McKenzie River is another short drive away for time on the water.
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- 25,210households
- 22%of adults have a degree
- 15%below the poverty line
- 19 mintypical commute
- 10%work from home
What residents work in
Employed residents by industry, from the Census survey. Lane County had 156,948 jobs in 2025, 0.3% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 47° and lows near 34°; warmest in August, with highs near 84° and lows near 52°. About 41 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Eugene Mahlon Sweet Airport weather station, 13 miles away (NOAA).
Largest workplaces in Springfield
- Shmc-riverbendGeneral hospital2,401FTE
- Springfield SD 19School district1,307FTE
- Mckenzie-willamette HospitalGeneral hospital777FTE
- WalmartWarehouse clubs and supercenters375
- Willamalane Park and Recreation DistrictGeneral public administration304
- International PaperKraft liner board manufacturing283
- Swanson Group MfgVeneer, plywood, and engineered wood product manufactoring280
- Franz Bakery Springfield Division - Bakery and Sales DepotBakeries with baking from flour on the premises, retailing not for immediate consumption278
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 72 workplaces with 20 or more staff, 11,159 people in all. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Inland floodingRelatively high
- Earthquakesrelatively high in parts of SpringfieldRelatively moderate
- Heat wavesRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Springfield’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Lane County and the Eugene-Springfield, OR metro.
Springfield home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Springfield$414,755
- Oregon$492,753
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Springfield listings, and the typical home goes pending in 16 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Springfield32.75%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Springfield16
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Springfield216
New listings per month
Sellers arriving at the market.
- Springfield76
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Springfield$428,091
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Springfield100.44%
Zip codes with a Springfield address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Springfield — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Springfield
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 97478 | Springfield | 39,373 | $1,803 | $431,109 |
| 97477 | Springfield | 37,534 | $1,610 | $398,927 |