401 Ray Ave, Springfield, MN 56087
OFF MARKET

401 Ray Ave
Springfield, MN 56087

  • 4 Beds
  • 2 Baths
  • 1,456 sqft

$139,400

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $908/mo*
Refinance Your Home

$139,400

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $908/mo*
Refinance Your Home
4 Beds
2 Baths
1,456 sqft

Home Value

Trulia Estimate
$139K
Since last month
Decreased$2K (-1.1%)
Since last year
Increased$4K (+2.6%)
Since last sale
Increased$51K (+57.6%)
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 +92% in the last 10 years
MonthEstimated value
2026
August 2026$140K
July 2026$139K
June 2026$141K
May 2026$141K
April 2026$138K
March 2026$135K
February 2026$133K
January 2026$134K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
406 Burns Ave, Springfield, MN
0.03
Single-Family Home
$75,000
06/25/26
4
2
2,544
18 S Spring Ave, Springfield, MN
0.30
Single-Family Home
$59,000
05/19/26
3
2
1,674
111 N Park Ave, Springfield, MN
0.42
Single-Family Home
$78,000
04/20/26
3
2
1,952
401 Wilson St, Springfield, MN
0.15
Single-Family Home
$235,000
07/28/26
4
2.5
2,344
209 S Spring Ave, Springfield, MN
0.25
Single-Family Home
$162,225
06/16/26
3
2
2,004
320 S Paffrath Ave, Springfield, MN
0.17
Single-Family Home
$200,000
07/16/26
2
2
1,972
118 N O'Connell Ave, Springfield, MN
0.48
Single-Family Home
$89,000
05/27/26
2
1.5
2,136
505 W Van Dusen St, Springfield, MN
0.42
Single-Family Home
$178,900
03/16/26
3
2
2,441
115 W Lincoln St, Springfield, MN
0.41
Single-Family Home
$168,500
08/04/26
2
1.5
1,755
515 W Van Dusen St, Springfield, MN
0.43
Single-Family Home
$118,000
10/10/25
2
1
1,170

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
309 Ray Ave S, Springfield, MN 56087
0.05
$256,700
5
3
3,385
Off Market
511 W Walnut St, Springfield, MN 56087
0.03
$172,700
3
1.5
1,406
Off Market
417 S Ray Ave, Springfield, MN 56087
0.02
$175,600
3
2
2,080
Off Market
406 Burns Ave, Springfield, MN 56087
0.03
$75,000
4
2
2,544
Recently Sold
404 S Burns Ave, Springfield, MN 56087
0.05
$123,900
4
1
1,154
Off Market
214 Burns Ave, Springfield, MN 56087
0.11
$152,200
3
1.5
2,744
Off Market
314 Hoyt Ave, Springfield, MN 56087
0.12
$223,100
3
1.5
2,104
Off Market
201 Ray Ave, Springfield, MN 56087
0.14
$225,800
3
2
2,395
Off Market
401 Wilson St, Springfield, MN 56087
0.15
$235,000
4
2.5
2,344
Recently Sold
403 S Paffrath Ave, Springfield, MN 56087
0.14
$268,000
4
1.5
1,698
For Sale
216 S Hoyt, Springfield, MN 56087
0.16
$133,300
4
1
1,287
Off Market
206 Hoyt Ave, Springfield, MN 56087
0.17
$100,800
2
1
780
Off Market

Local Information

  • Map ViewExplore the area around 401 Ray Ave.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1925
Living Area
1,456 sqft
Price/Sqft
$96
Parking
Garage

About this House

This single-family home is located at 401 Ray Ave, Springfield, MN. 401 Ray Ave is in Springfield, MN and in ZIP code 56087. This property has 4 bedrooms, 2 bathrooms and approximately 1,456 sqft of floor space. This property has a lot size of 7100 sqft and was built in 1925.
401 Ray Ave, Springfield, MN 56087 is a 4 bedroom, 2 bathroom, 1,456 sqft single-family home built in 1925. It last sold for $88,500 on May 3, 2021. It is currently off market. The Trulia Estimate is $139,400, with a rent estimate of $1,611/month.

Home Details for 401 Ray Ave

Interior Features

Interior Details
BasementNumber of Rooms: 7
Heating & Cooling
Heating: Forced Air, OtherAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1.75Floors: Carpet, Linoleum Vinyl

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: Other, Metal
Parking & Garage
GarageParking: Garage Attached, Garage Detached

Property Information

Year Built
Year Built: 1925
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 7100 sqft

Price and Tax history

DateEventPrice
May 3, 2021
Source: NorthstarMLS as distributed by MLS GRID #5726582
Sold
$88,500

Market trends in Springfield

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
8
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Around this home

What Locals Say about Springfield

At least 4 Trulia users voted on each feature.

  • 100 % Say yards are well-kept

  • 100 % Say it's dog friendly

  • 100 % Say it's walkable to grocery stores

  • 100 % Say people would walk alone at night

  • 90 % Say it's quiet

  • 89 % Say parking is easy

  • 86 % Say there's holiday spirit

  • 86 % Say kids play outside

  • 71 % Say streets are well-lit

  • 67 % Say there are sidewalks

  • 61 % Say neighbors are friendly

  • 57 % Say they plan to stay for at least 5 years

  • 50 % Say car is needed

  • 50 % Say it's walkable to restaurants

  • 50 % Say there's wildlife

  • 33 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 401 Ray Ave

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Off Market Homes Near 401 Ray Ave

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Frequently asked questions about 401 Ray Ave

  • What is 401 Ray Ave estimated to be worth?
    Trulia's estimated value for 401 Ray Ave in Springfield, MN is $139,400.
  • What is the price history for 401 Ray Ave?
    401 Ray Ave in Springfield, MN last sold for $88,500 in May 2021.
  • Is Springfield a buyer's or seller's market?
    Springfield is currently a seller's market, based on recent for-sale activity.
  • What are the closest schools to 401 Ray Ave?
    The closest schools to 401 Ray Ave in Springfield, MN are Springfield Elementary School (Pre-K, rated 10/10), Springfield Secondary (Middle/High, rated 8/10).
  • Does 401 Ray Ave have air conditioning?
    Yes, 401 Ray Ave in Springfield, MN has air conditioning.
  • How big is the lot at 401 Ray Ave?
    The lot at 401 Ray Ave in Springfield, MN is about 0.16 acres (7,100 sq ft).