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The median home value in Springfield, MI is $435,739 as of 2026-07-31, up 3.43% from a year earlier.
Median Home Value
$435,739
Year-over-Year
+3.43%
Population
14,762
Springfield ranks #21 of 149 Michigan cities tracked here by median home value, and sits 66.1% above the state's city median of $262,319. It sits in Oakland County, where the county-wide median is $373,377.
Median household income in Springfield is $44,808, so the typical home value is about 9.7× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Springfield police recorded a violent crime rate of 27 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 393 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Springfield, that value is $435,739. That's up 3.43% from a year earlier. It is about 66.1% above the typical Michigan city tracked here.
Homes in Springfield are more expensive than Oakland County as a whole, where the median is $373,377 — a difference of about 16.7%.
Median household income here is $44,808, so the typical home value is about 9.7× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Springfield police reported 27 violent crimes per 100,000 residents, covering a population of about 14,762. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.