Data as of April 2026. Source: Realtor.com.
The SPRINGFIELD, MN real estate market (56087) currently shows 6 active listings, with 3 pending sales. Homes are averaging 136 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are taking longer to sell, averaging 136 days on market compared to 40 days last year.
The median listing price has fallen 52.1% year-over-year, from $200,000 to $95,875.
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 April 2026, there are 6 active listings in SPRINGFIELD, MN (zip code 56087), compared to 6 the prior year.
The median listing price in SPRINGFIELD, MN 56087 is $95,875 as of April 2026, a 52.1% decrease from $200,000 the prior year.
Homes in SPRINGFIELD, MN 56087 spend an average of 136 days on the market before going under contract, compared to 40 days the prior year.
Based on current inventory and days-on-market data as of April 2026, SPRINGFIELD, MN 56087 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 136 days on market compared to 40 days last year.
With SELL123.com's maximum 3% commission, sellers in SPRINGFIELD, MN 56087 save an estimated $1,918 compared to a typical 5% commission on the median listing price of $95,875. 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.