Data as of July 2026. Source: Realtor.com.
The SPRINGFIELD, MN real estate market (56087) currently shows 9 active listings, with 3 pending sales. Homes are averaging 23 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 23 days on market compared to 37 days last year.
The median listing price has risen 121.8% year-over-year, from $118,932 to $263,750.
Whether you are buying or selling in SPRINGFIELD, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
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 July 2026, there are 9 active listings in SPRINGFIELD, MN (zip code 56087), compared to 10 the prior year.
The median listing price in SPRINGFIELD, MN 56087 is $263,750 as of July 2026, a 121.8% increase from $118,932 the prior year.
Homes in SPRINGFIELD, MN 56087 spend an average of 23 days on the market before going under contract, compared to 37 days the prior year.
Based on current inventory and days-on-market data as of July 2026, SPRINGFIELD, MN 56087 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 23 days on market compared to 37 days last year.
With SELL123.com's maximum 3% commission, sellers in SPRINGFIELD, MN 56087 save an estimated $5,275 compared to a typical 5% commission on the median listing price of $263,750. 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.