Data as of March 2026. Source: Realtor.com.
The SPRINGFIELD, MN real estate market (56087) currently shows 7 active listings, with 3 pending sales. Homes are averaging 140 days on the market before going under contract.
Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 140 days on market compared to 110 days last year.
The median listing price has fallen 33.7% year-over-year, from $154,389 to $102,295.
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%
Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.
| 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 March 2026, there are 7 active listings in SPRINGFIELD, MN (zip code 56087), compared to 3 the prior year.
The median listing price in SPRINGFIELD, MN 56087 is $102,295 as of March 2026, a 33.7% decrease from $154,389 the prior year.
Homes in SPRINGFIELD, MN 56087 spend an average of 140 days on the market before going under contract, compared to 110 days the prior year.
Based on current inventory and days-on-market data as of March 2026, SPRINGFIELD, MN 56087 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 140 days on market compared to 110 days last year.
With SELL123.com's maximum 3% commission, sellers in SPRINGFIELD, MN 56087 save an estimated $2,046 compared to a typical 5% commission on the median listing price of $102,295. 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.