Housing & Real Estate — Springfield, Tennessee
Overview
| Total Housing Units | 7,344 |
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| Occupied | 6,920 |
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| Vacant | 424 |
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| Owner-Occupied | 3,904 |
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| Renter-Occupied | 3,016 |
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| Median Home Value (Census) | $253,600 |
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| Estimated 2026 | ~$302,000 |
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| Median Rent | $1,107/mo |
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| Median Property Tax | $1,298/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | moderate |
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| Rent as % of Income | 22.3% |
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| Severely Rent-Burdened | 41.2% |
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Housing Age
| Built 2010 or later | 1,038 |
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| Built 2000-2009 | 1,619 |
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| Built 1990-1999 | 740 |
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| Built before 1960 | 1,495 |
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| Median Year Built | 1984 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
