Zip 72157 (Springfield, AR) Housing

Springfield, AR (72157) has a median housing value of $121,900 which is significantly lower than the US median housing value of $338,100. Although Springfield's house values are much lower, they have experienced a higher appreciation rate over the past year at 9.77%, compared to the US average of 8.27%. This very favorable rate of appreciation could indicate that Springfield is growing in popularity as an ideal living location and could lead to further increases in housing value over time.

The median home cost in Springfield (zip 72157) is $121,900. Home appreciation the last 10 years has been 52.4%. Home Appreciation in Springfield (zip 72157) is up 18.8%.

Average Age of Homes

- The median age of Springfield (zip 72157) real estate is 27 years old

The Rental Market in Springfield (zip 72157)

- Renters make up 5.2% of the Springfield (zip 72157) population
- 0.0% of houses and apartments in Springfield (zip 72157), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Springfield, Arkansas	United States
	585.0	139,647,020.0
	33	42
	$121,900	$338,100
	18.8%	16.6%
	45.3%	57.0%
	52.4%	101.1%
	$5.02	$10.98
	$451	$2,690
	65.5%	57.4%
	18.3%	11.2%
	16.2%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	18.3%	4.1%
Value of Owner-Occupied Housing
	7.8%	2.6%
	12.8%	2.4%
	7.1%	2.8%
	12.8%	3.9%
	0.0%	4.5%
	9.1%	11.3%
	26.1%	13.0%
	9.1%	20.1%
	8.6%	13.6%
	6.5%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	1.5%	0.2%
	17.9%	13.6%
	17.9%	13.6%
	17.4%	13.6%
	15.2%	13.2%
	13.3%	14.8%
	17.4%	13.6%
	5.3%	10.0%
	4.4%	4.7%
	5.5%	12.2%

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