Springfield, OH Metro Area - Investment Guide

Metro Area • 7 Cities • 12 ZIP Codes

Avg Home Value $199,609
Avg Monthly Rent $1,076
Avg Cap Rate 4.61%
Avg Investability 3.2 ★
Cities 7
ZIP Codes 12

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🏦 30-yr Fixed Rate: 7.28% as of Oct 1 Source: Freddie Mac PMMS
☀️
WARM MARKET
Springfield, OH Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
12.7%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions data as of September 19, 2026 — updated weekly

Best ZIP codes in Springfield, OH

Every ZIP in the metro, ranked four ways. Free.

Cash Flow → Appreciation → Affordable →

Cities in Springfield, OH

Top ZIP Codes by Investability

ZIP Code City State Home Value Rent Cap Rate Rating
45505 Springfield OH $130,572 $1,071 6.40% 4.0 ★
45506 Springfield OH $117,315 $1,044 6.94% 4.0 ★
45505 Springfield OH $130,360 $1,198 7.17% 4.0 ★
45506 Springfield OH $114,852 $963 6.54% 4.0 ★
45505 Springfield OH $124,921 $1,071 6.69% 4.0 ★
45506 Springfield OH $113,484 $1,008 6.93% 4.0 ★
45349 Springfield OH $185,162 $1,494 6.29% 4.0 ★
45372 Tremont City OH $123,897 $1,008 6.35% 4.0 ★
45505 Springfield OH $134,740 $1,081 6.26% 4.0 ★
45506 Springfield OH $120,595 $1,044 6.75% 4.0 ★
45349 Springfield OH $188,406 $1,494 6.19% 4.0 ★
45505 Springfield OH $124,632 $1,050 6.57% 4.0 ★
45506 Springfield OH $114,957 $1,008 6.84% 4.0 ★
45349 Springfield OH $185,162 $1,494 6.29% 4.0 ★
45505 Springfield OH $131,494 $1,081 6.41% 4.0 ★
45506 Springfield OH $120,410 $1,044 6.76% 4.0 ★
45505 Springfield OH $124,632 $1,050 6.57% 4.0 ★
45506 Springfield OH $114,957 $1,008 6.84% 4.0 ★
45323 Enon OH $234,201 $927 3.09% 3.0 ★
45368 South Charleston OH $274,348 $873 2.48% 3.0 ★
45341 Medway OH $176,894 $981 4.33% 3.0 ★
45372 Tremont City OH $126,635 $1,008 6.21% 3.0 ★
45502 Springfield OH $315,897 $1,098 2.71% 3.0 ★
45344 New Carlisle OH $208,132 $954 3.58% 3.0 ★
45349 Springfield OH $171,720 $1,494 6.79% 3.0 ★
45503 Springfield OH $196,691 $1,007 3.99% 3.0 ★
43010 Catawba OH $194,175 $1,125 4.52% 3.0 ★
45368 South Charleston OH $255,460 $873 2.67% 3.0 ★
45504 Springfield OH $215,444 $1,141 4.13% 3.0 ★
45323 Enon OH $247,113 $927 2.93% 3.0 ★
45372 Tremont City OH $119,877 $1,008 6.56% 3.0 ★
45341 Medway OH $189,202 $981 4.04% 3.0 ★
45502 Springfield OH $299,503 $1,098 2.86% 3.0 ★
45503 Springfield OH $189,137 $873 3.60% 3.0 ★
45344 New Carlisle OH $221,482 $1,100 3.87% 3.0 ★
45349 Springfield OH $183,322 $1,494 6.36% 3.0 ★
45504 Springfield OH $204,633 $1,141 4.35% 3.0 ★
43010 Catawba OH $184,751 $1,125 4.75% 3.0 ★
45323 Enon OH $236,380 $927 3.06% 3.0 ★
45368 South Charleston OH $275,176 $873 2.47% 3.0 ★
45341 Medway OH $178,511 $981 4.29% 3.0 ★
45372 Tremont City OH $130,007 $1,008 6.05% 3.0 ★
45502 Springfield OH $319,882 $1,098 2.68% 3.0 ★
45344 New Carlisle OH $206,881 $954 3.60% 3.0 ★
45503 Springfield OH $199,356 $1,007 3.94% 3.0 ★
45368 South Charleston OH $258,742 $873 2.63% 3.0 ★
45504 Springfield OH $218,016 $1,141 4.08% 3.0 ★
43010 Catawba OH $190,158 $1,125 4.61% 3.0 ★
45323 Enon OH $243,324 $927 2.97% 3.0 ★
45341 Medway OH $185,723 $981 4.12% 3.0 ★
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About Springfield, OH Real Estate Market

The Springfield, OH metropolitan statistical area (MSA) encompasses 7 cities and 12 ZIP codes. The average home value across the metro is $199,609, with an average monthly rent of $1,076. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.