Zip 57062 (Springfield, SD) Housing

The housing market in Springfield, SD (zip code 57062) shows an above average appreciation rate over the past year. The median value of a house in this area is $140,500 which is significantly lower than the national median of $338,100. However, appreciating 12.74% over the past year compared to 8.27% across the US as a whole, Springfield shows that it’s housing market is performing better than average.

The median home cost in Springfield (zip 57062) is $140,500. Home appreciation the last 10 years has been 95.0%. Home Appreciation in Springfield (zip 57062) is up 18.1%.

Average Age of Homes

- The median age of Springfield (zip 57062) real estate is 49 years old

The Rental Market in Springfield (zip 57062)

- Renters make up 15.5% of the Springfield (zip 57062) population
- 1.2% of houses and apartments in Springfield (zip 57062), 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, South Dakota	United States
	608.0	139,647,020.0
	57	42
	$140,500	$338,100
	18.1%	16.6%
	55.0%	57.0%
	95.0%	101.1%
	$15.65	$10.98
	$1,305	$2,690
	58.6%	57.4%
	18.1%	11.2%
	23.4%	31.4%
Vacant Housing
	1.2%	1.9%
	1.2%	0.4%
	1.3%	0.7%
	2.3%	0.4%
	10.0%	3.6%
	2.1%	4.1%
Value of Owner-Occupied Housing
	11.0%	2.6%
	6.7%	2.4%
	4.5%	2.8%
	9.0%	3.9%
	12.1%	4.5%
	14.9%	11.3%
	7.3%	13.0%
	22.5%	20.1%
	5.6%	13.6%
	0.6%	8.3%
	1.4%	9.7%
	4.5%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.0%	13.6%
	3.0%	13.6%
	10.5%	13.6%
	13.7%	13.2%
	12.5%	14.8%
	10.5%	13.6%
	8.7%	10.0%
	5.8%	4.7%
	29.4%	12.2%

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