Metro area index
Home appreciation in the Springfield, OH metro area
FHFA HPI® data shows the Springfield, OH metro area's all-transactions index changed +2.3% over the year to Q2 2026, versus +4.3% for Ohio and +3.0% for the U.S. That ranks 269th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +2.3%
- 5-year change
- +52.7%
- Since Q1 1995
- +194%
- Metro rank (1 year)
- 269th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Springfield, OH vs Ohio and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Springfield, OH: 294.1
- Ohio: 301.1
- United States: 391.6
Appreciation by time window
| Window | Metro | OH | U.S. | Gap vs OH | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +2.3% | +4.3% | +3.0% | −2.0 pts | −0.7 pts |
| 3 years | +18.9% | +18.3% | +12.9% | +0.6 pts | +6.0 pts |
| 5 years | +52.7% | +48.1% | +41.3% | +4.6 pts | +11.4 pts |
| 10 years | +118% | +103% | +93.3% | +15.3 pts | +24.6 pts |
| Since Q1 1995 | +194% | +201% | +292% | −7.0 pts | −97.5 pts |
3-digit ZIP regions in the Springfield, OH area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 455 · Springfield, OH area | OH | +3.1% | +53.4% | +189% | 100% |
Boom, bust, and recovery in Springfield, OH area
Springfield, OH area's index peaked in Q2 2007, fell 14.5% to its low in Q2 2014, and regained its peak in Q3 2018, about 11.2 years after the top. Today it sits +92.4% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q2 2007 | Q2 2014 | -14.5% | Q3 2018 (11.2 yrs) | +92.4% |
| OH | Q4 2005 | Q2 2012 | -12.9% | Q2 2017 (11.5 yrs) | +95.6% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Springfield, OH area's index has changed +32.8% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | OH after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | -1.5% | +0.4% | -0.8% |
| 3 years | +9.8% | +8.2% | +7.7% | +2.8% |
| 5 years | +24.0% | +23.1% | +19.4% | +13.9% |
| 10 years | +39.1% | +56.7% | +45.7% | +39.0% |
| Since Q1 1995 | +121% | +32.8% | +36.0% | +76.8% |
If you bought in the Springfield, OH area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +183% | $849,942 |
| Q2 2000 | +135% | $706,357 |
| Q2 2005 | +96.4% | $589,063 |
| Q2 2010 | +111% | $633,702 |
| Q2 2015 | +112% | $636,215 |
| Q2 2020 | +75.4% | $526,208 |
| Q2 2021 | +52.7% | $458,116 |
| Q2 2023 | +18.9% | $356,576 |
| Q2 2025 | +2.3% | $306,866 |
Frequently asked questions
- How much have home prices risen in the Springfield, OH area?
- FHFA HPI® data for the Springfield, OH metro area shows changes of +2.3% over one year, +52.7% over five years, and +118% over ten years to Q2 2026, and +194% since Q1 1995.
- Is the Springfield, OH area beating the national average?
- Over the past year the metro's index moved −0.7 pts versus the U.S.; over five years the gap is +11.4 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.