Springfield, IL Metro Area: Median Home Value Trend
How Springfield, IL Metro Area's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$135,900
2023
$171,100
Total change
+$35,200
% change
+25.9%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $135,900 | — |
| 2019 | $141,500 | +$5,600 (4.1%) |
| 2020 | $144,600 | +$3,100 (2.2%) |
| 2021 | $148,000 | +$3,400 (2.4%) |
| 2022 | $163,400 | +$15,400 (10.4%) |
| 2023 | $171,100 | +$7,700 (4.7%) |