Springfield, VT—05156
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Springfield, VT
Home Price Trends — Springfield, VT
Springfield, VT lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $246,000 | 2.0% |
| Single Family | $247,000 | 2.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Springfield, VT
As of July '25, Rentcast reports the average rent in Springfield, VT is $1,620, with a year-over-year rent change of 26.6%. Per bedroom, the median rent as of July '25 in Springfield, VT is 1-bedrooms: $1,190, 2-bedrooms: $1,650, 3-bedrooms: $2,480, 4-bedrooms: $2,900. The most common rental property sizes in Springfield, VT are 1-bedroom and 2-bedroom, accounting for 43.0% and 33.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,620 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,150 | $1,190 |
| 2 Bed Rent | $1,650 | $1,650 |
| 3 Bed Rent | $1,650 | $2,480 |
| 4 Bed Rent | $2,900 | $2,900 |
% of Rental Stock
Property Listings — Springfield, VT
As of Oct '25, Realtor.com reports that the median days on market for a home in Springfield, VT is 71. This is a increase of 41.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $428,000 | 41.0% |
Listing Count | 34 | 19.0% |
| Listings as % of Homes | 0.4% | 19.0% |
Days on Market | 71 | 41.0% |
Demographics — Springfield, VT
As of the latest ACS Survey released in 2023, Springfield, VT has a population of 9,030, which has remained stable by -0.9% over the past 5 years. Springfield, VT is a moderately popular place for families, as children make up 15.4% of the population. The area has a poorly educated workforce, with 24.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,030 | -0.9% |
% Under 18 | 15.4% | -18.5% |
% Seniors | 22.0% | 6.8% |
% WFH | 10.2% | 104.0% |
% w/ College Degree | 24.9% | 43.1% |
As of the latest ACS Survey released in 2023, Springfield, VT is a predominantly white area, with 93.0% of the population identifying as white. The white population has shrunk by 2.5% in the last 5 years. The second most common race or ethnicity in Springfield, VT is hispanic, making up 3.1% of the population. Foreign-born residents account for 2.1% of the population in Springfield, VT, and this percentage has decreased by 8.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.0% | -2.5% |
% Black | 0.5% | -44.4% |
% Hispanic | 3.1% | 287.5% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.1% | -8.7% |
Mortgage and Risk — Springfield, VT
According to HUD data as of 2023, there were 127 mortgage originations in Springfield, VT, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Springfield, VT. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 127 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 2.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Springfield, VT
Springfield, VT lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 411 |
Total Units Section 8 | 411 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 82.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$120 | $1,150 | $1,030 |
| 2 Bedroom | -$440 | $1,650 | $1,210 |
| 3 Bedroom | -$90 | $1,650 | $1,560 |
| 4 Bedroom | -$1,290 | $2,900 | $1,610 |
Affordability — Springfield, VT
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $246,000 |
| Median Household Income | $64,300 |