Springfield, NE 68059 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Springfield, NE—68059

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$439,000

2.6% YoY Growth

Household Income

$97,200

30.1% YoY Growth

Days on Market

31.0% Shorter YoY

Home Price Forecast

1.8%

Median Rent

$1,450

N/A

1-Bed Rent

N/A

2-Bed Rent

$1,450

N/A

3-Bed Rent

$2,300

N/A

Home Price Trends — Springfield, NE

As of Nov '25, the median home price in Springfield, NE is $439,000, with a year-over-year change of 2.6%. This indicates that home prices in Springfield, NE are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$439,000	2.6%
Single Family	$438,000	3.1%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Springfield, NE

Springfield, NE lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$1,450	$1,870
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$1,450	$1,450
3 Bed Rent	$2,300	$2,300
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

2.7%

1 Bedroom

20.7%

2 Bedrooms

22.3%

3 Bedrooms

46.2%

4 Bedrooms

6.0%

5+ Bedrooms

2.2%

Property Listings — Springfield, NE

As of Nov '25, Realtor.com reports that the median days on market for a home in Springfield, NE is 68. This is a decrease of -31.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$508,000	-31.0%
Listing Count	15	11.0%
Listings as % of Homes	0.7%	11.0%
Days on Market	68	-31.0%

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Demographics — Springfield, NE

As of the latest ACS Survey released in 2023, Springfield, NE has a population of 3,350, which has increased by 11.8% over the past 5 years. Springfield, NE is a moderately popular place for families, as children make up 24.9% of the population. The area has a moderately educated workforce, with 31.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	3,350	11.8%
% Under 18	24.9%	30.4%
% Seniors	22.6%	8.1%
% WFH	15.9%	178.9%
% w/ College Degree	31.4%	-4.3%

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As of the latest ACS Survey released in 2023, Springfield, NE is a predominantly white area, with 92.6% of the population identifying as white. The white population has shrunk by 4.4% in the last 5 years. The second most common race or ethnicity in Springfield, NE is hispanic, making up 2.5% of the population. Foreign-born residents account for 0.7% of the population in Springfield, NE, and this percentage has decreased by 36.4% 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	92.6%	-4.4%
% Black	0.7%	40.0%
% Hispanic	2.5%	78.6%
% Asian	0.7%	250.0%
% Foreign Born	0.7%	-36.4%

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Mortgage and Risk — Springfield, NE

According to HUD data as of 2023, there were 87 mortgage originations in Springfield, NE, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Springfield, NE. Investor activity is low, as 0.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	87
% Conventional Loans	75.0%
% Government Loans	25.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	14.0%

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Rentals and Section 8 — Springfield, NE

Springfield, NE lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	N/A
Total Units Section 8	N/A
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,110
2 Bedroom	-$120	$1,450	$1,330
3 Bedroom	-$530	$2,300	$1,770
4 Bedroom	N/A	N/A	$1,970

Springfield, NE—68059

Key Metrics at a Glance

Home Price Trends — Springfield, NE

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Springfield, NE

% of Rental Stock

Property Listings — Springfield, NE

Demographics — Springfield, NE

Race and Ethnicity

Mortgage and Risk — Springfield, NE

Mortgages

Rentals and Section 8 — Springfield, NE

Section 8 Market Size

Section 8 Opportunity

Affordability — Springfield, NE

Home Price to Income Ratio

Springfield, NE — ZIP Code Boundary Map

Nearby ZIP Codes

Cedar Creek

Louisville, NE

Omaha, NE

South Bend, NE

Omaha, NE

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.1
Median Home Price	$439,000
Median Household Income	$97,200

Springfield, NE—68059

Key Metrics at a Glance

Home Price Trends — Springfield, NE

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Springfield, NE

% of Rental Stock

Property Listings — Springfield, NE

Demographics — Springfield, NE

Race and Ethnicity

Mortgage and Risk — Springfield, NE

Mortgages

Rentals and Section 8 — Springfield, NE

Section 8 Market Size

Section 8 Opportunity

Affordability — Springfield, NE

Home Price to Income Ratio

Springfield, NE — ZIP Code Boundary Map

Nearby ZIP Codes

Cedar Creek

Louisville, NE

Omaha, NE

South Bend, NE

Omaha, NE

Frequently Asked Questions

What is the average home price in Springfield, NE 68059?

How have home prices in Springfield, NE 68059 changed over the past year?

What is the home price projection for Springfield, NE 68059?

What are the demographics of Springfield, NE 68059?

How long does it take homes to sell in Springfield, NE 68059?

What is the average rent price in Springfield, NE 68059?