Springfield, GA—31303
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Springfield, GA
As of Oct '25, the median home price in Springfield, GA is $321,000, with a year-over-year change of -1.1%. This indicates that home prices in Springfield, GA are decreasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $321,000 | -1.1% |
| Single Family | $320,000 | -1.5% |
| 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, GA
Springfield, GA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Springfield, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Springfield, GA is 67. This is a decrease of -18.0% from last year, suggesting that homes are sitting on the market shorter 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 | $637,000 | 40.0% |
Listing Count | 6 | -6.0% |
| Listings as % of Homes | 0.4% | -6.0% |
Days on Market | 67 | -18.0% |
Demographics — Springfield, GA
As of the latest ACS Survey released in 2023, Springfield, GA has a population of 2,060, which has decreased by -21.6% over the past 5 years. Springfield, GA is a less popular place for families, as children make up 11.9% of the population. The area has a poorly educated workforce, with 22.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,060 | -21.6% |
% Under 18 | 11.9% | -52.6% |
% Seniors | 38.4% | 331.5% |
% WFH | 2.0% | 17.6% |
% w/ College Degree | 22.9% | 106.3% |
Springfield, GA lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 79.0% | 5.3% |
% Black | 20.1% | -16.6% |
% Hispanic | 0.0% | N/A |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | N/A |
Mortgage and Risk — Springfield, GA
Springfield, GA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Springfield, GA
Springfield, GA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 1.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,160 |
| 2 Bedroom | N/A | N/A | $1,310 |
| 3 Bedroom | N/A | N/A | $1,780 |
| 4 Bedroom | N/A | N/A | $2,080 |
Affordability — Springfield, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.7 |
| Median Home Price | $321,000 |
| Median Household Income | N/A |