Data as of September 2026. Source: Realtor.com.
The SPRINGFIELD, MN real estate market (56087) currently shows 8 active listings, with 2 pending sales. Homes are averaging 86 days on the market before going under contract.
Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 86 days on market compared to 49 days last year.
The median listing price has risen 92.7% year-over-year, from $129,216 to $249,000.
Population: 3,054 · Density: 8.1/mi² · Median household income: $65,588
Typical home value: $139,737 · Homeownership: 78.6%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 56087 | Springfield, MN 56087 | 0.0 mi | 8 | $1,235,504 | $103,950 | $154,438 |
| 56019 | Comfrey, MN 56019 | 9.6 mi | 3 | $249,000 | $83,000 | $83,000 |
| 56266 | Morgan, MN 56266 | 12.6 mi | 5 | $1,003,390 | $240,250 | $200,678 |
| 56145 | Jeffers, MN 56145 | 16.1 mi | 1 | $120,000 | $120,000 | $120,000 |
| 56166 | Revere, MN 56166 | 19.9 mi | 2 | $858,000 | $429,000 | $429,000 |
| 56118 | Bingham Lake, MN 56118 | 21.2 mi | 1 | $149,000 | $149,000 | $149,000 |
| 56283 | Redwood Falls, MN 56283 | 21.8 mi | 31 | $7,679,103 | $199,900 | $247,713 |
| 55332 | Fairfax, MN 55332 | 23.3 mi | 3 | $904,200 | $301,400 | $301,400 |
| 56255 | Lucan, MN 56255 | 24.3 mi | 2 | $424,850 | $212,425 | $212,425 |
| 56073 | New Ulm, MN 56073 | 25.5 mi | 36 | $11,559,744 | $299,450 | $321,104 |
| 56183 | Westbrook, MN 56183 | 26.4 mi | 9 | $1,252,386 | $112,750 | $139,154 |
| 56160 | Odin, MN 56160 | 29.3 mi | 2 | $229,800 | $114,900 | $114,900 |
| 56214 | Belview, MN 56214 | 30.8 mi | 1 | $144,900 | $144,900 | $144,900 |
As of September 2026, there are 8 active listings in SPRINGFIELD, MN (zip code 56087), compared to 13 the prior year.
The median listing price in SPRINGFIELD, MN 56087 is $249,000 as of September 2026, a 92.7% increase from $129,216 the prior year.
Homes in SPRINGFIELD, MN 56087 spend an average of 86 days on the market before going under contract, compared to 49 days the prior year.
Based on current inventory and days-on-market data as of September 2026, SPRINGFIELD, MN 56087 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 86 days on market compared to 49 days last year.
With SELL123.com's maximum 3% commission, sellers in SPRINGFIELD, MN 56087 save an estimated $4,980 compared to a typical 5% commission on the median listing price of $249,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.