242 Elder Dr
Springfield, TN 37172
- Studio
- 2 Baths
- 1,260 sqft (on 1 acre)
Studio
2 Baths
1,260 sqft
(on 1 acre)
Home Value
Trulia Estimate
$341KSince last month
Increased$1K (+0.3%)Since last year
Increased$200 (+0.1%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +3% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $340K |
| July 2026 | $338K |
| June 2026 | $339K |
| May 2026 | $341K |
| April 2026 | $339K |
| March 2026 | $340K |
| February 2026 | $337K |
| January 2026 | $330K |
2025 | |
2024 | |
2023 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.09 | Single-Family Home | $267,000 | 12/02/25 | 3 | 2 | 1,075 | |
0.05 | Single-Family Home | $290,000 | 07/13/26 | 3 | 2 | 1,165 | |
0.12 | Single-Family Home | $290,000 | 07/14/26 | 3 | 2 | 1,171 | |
0.04 | Single-Family Home | $270,000 | 09/22/25 | 3 | 2 | 1,125 | |
0.32 | Single-Family Home | $340,000 | 06/08/26 | 3 | 2 | 1,954 | |
0.34 | Single-Family Home | $366,500 | 08/28/25 | 3 | 2 | 1,713 | |
0.21 | Single-Family Home | $270,000 | 09/15/25 | 3 | 2 | 1,200 | |
0.19 | Single-Family Home | $295,000 | 08/28/25 | 3 | 2 | 1,156 | |
0.14 | Single-Family Home | $279,900 | 08/26/25 | 3 | 2 | 1,066 | |
0.25 | Single-Family Home | $254,000 | 08/29/25 | 3 | 2 | 1,025 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | $284,800 | 3 | 2 | 1,162 | Off Market | |
0.05 | $290,000 | 3 | 2 | 1,165 | Recently Sold | |
0.04 | $276,900 | 3 | 2 | 1,125 | Off Market | |
0.09 | $266,400 | 3 | 1.5 | 1,050 | Off Market | |
0.10 | $257,500 | 3 | 1.5 | 1,050 | Off Market | |
0.10 | $275,600 | 3 | 1.5 | 1,025 | Off Market | |
0.07 | $289,900 | 3 | 2 | 1,170 | Off Market | |
0.07 | $288,500 | 3 | 2 | 1,144 | Off Market | |
0.12 | $285,500 | 3 | 2 | 1,104 | Off Market | |
0.10 | $269,100 | 3 | 2 | 1,025 | Off Market | |
0.14 | $287,700 | 3 | 2 | 1,066 | Off Market | |
0.15 | $278,700 | 3 | 2 | 1,025 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
2022
Lot Size
1 acre
Living Area
1,260 sqft
Price/Sqft
$271
About this House
This single-family home is located at 242 Elder Dr, Springfield, TN. 242 Elder Dr is in Springfield, TN and in ZIP code 37172. This property has 2 bathrooms and approximately 1,260 sqft of floor space. This property has a lot size of 1 acre and was built in 2022.
242 Elder Dr, Springfield, TN 37172 is a studio, 2 bathroom, 1,260 sqft single-family home built in 2022. It is currently off market. The Trulia Estimate is $341,100, with a rent estimate of $1,838/month.
Home Details for 242 Elder Dr
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Heating & Cooling Heating: OtherAir ConditioningHeating Fuel: Other |
Levels, Entrance, & Accessibility Stories: 1 |
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Year Built Year Built: 2022 |
Property Type / Style Property Type: Single Family Home |
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Exterior Home Features DeckExterior: Other |
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Lot Area: 1 acre |
Price and Tax history
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,903 | $293,300 |
Home facts updated by county records
Market trends in Springfield
Last updated July 2026
Avg. sale price
$335K
$1.68KMoM
Sale-to-List Price
98.7%
Price per sq ft
$210
$4MoM
Available listings
143
11MoM
Around this home
What Locals Say about Springfield
At least 83 Trulia users voted on each feature.
86 % Say car is needed
85 % Say parking is easy
79 % Say yards are well-kept
73 % Say there's holiday spirit
59 % Say kids play outside
55 % Say it's dog friendly
51 % Say neighbors are friendly
51 % Say it's quiet
51 % Say there's wildlife
42 % Say there are sidewalks
41 % Say people would walk alone at night
41 % Say streets are well-lit
36 % Say they plan to stay for at least 5 years
34 % Say it's walkable to grocery stores
33 % Say there are community events
30 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near 242 Elder Dr
Off Market Homes Near 242 Elder Dr
Frequently asked questions about 242 Elder Dr
- What is 242 Elder Dr estimated to be worth?Trulia's estimated value for 242 Elder Dr in Springfield, TN is $341,100.
- Is Springfield a buyer's or seller's market?Springfield is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Springfield?The median sale price in Springfield is $335K. That is down $1.68K from the prior month.
- What do residents say about Springfield?Residents describe Springfield, TN as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See recently sold homes in Springfield, TN.
- How big is the lot at 242 Elder Dr?The lot at 242 Elder Dr in Springfield, TN is about 1 acre.