402 Ray Ave, Springfield, MN 56087
OFF MARKET

402 Ray Ave
Springfield, MN 56087

  • 3 Beds
  • 1 Bath
  • 1,284 sqft (on 0.33 acres)

$194,900

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $1,239/mo*

$194,900

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $1,239/mo*
3 Beds
1 Bath
1,284 sqft
(on 0.33 acres)

Home Value

Trulia Estimate
$195K
Since last month
Decreased$2K (-1.1%)
Since last year
Decreased$600 (-0.3%)
Since last sale
Increased$153K (+359.1%)
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 +69% in the last 10 years
MonthEstimated value
2026
August 2026$195K
July 2026$196K
June 2026$197K
May 2026$199K
April 2026$192K
March 2026$188K
February 2026$185K
January 2026$183K
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
0.32
Single-Family Home
$59,000
05/19/26
3
2
1,674
0.07
Single-Family Home
$75,000
06/25/26
4
2
2,544
0.42
Single-Family Home
$118,000
10/10/25
2
1
1,170
0.13
Single-Family Home
$200,000
07/16/26
2
2
1,972
0.28
Single-Family Home
$162,225
06/16/26
3
2
2,004
0.36
Single-Family Home
$127,500
09/12/25
2
1
980
0.28
Single-Family Home
$195,000
08/13/26
3
2
2,263
0.44
Single-Family Home
$78,000
04/20/26
3
2
1,952
0.77
Single-Family Home
$79,500
08/19/25
2
1
1,087
0.39
Single-Family Home
$155,000
03/03/26
4
2.5
2,344

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
$176,100
3
1.5
1,406
Off Market
0.02
$183,400
3
2
2,080
Off Market
0.06
$256,700
5
3
3,385
Off Market
0.08
$223,100
3
1.5
2,104
Off Market
0.07
$75,000
4
2
2,544
Recently Sold
0.10
$268,000
4
1.5
1,698
For Sale
0.09
$130,000
4
1
1,154
Off Market
0.14
$111,600
4
1
1,287
Off Market
0.13
$200,000
2
2
1,972
Recently Sold
0.14
$235,000
4
2.5
2,344
Recently Sold
0.14
$152,200
3
1.5
2,744
Off Market
0.15
$100,800
2
1
780
Off Market

Local Information

  • Map ViewExplore the area around 402 Ray Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1960
Lot Size
0.33 acres
Living Area
1,284 sqft
Price/Sqft
$152
Parking
Garage

About this House

This single-family home is located at 402 Ray Ave, Springfield, MN. 402 Ray Ave is in Springfield, MN and in ZIP code 56087. This property has 3 bedrooms, 1 bathroom and approximately 1,284 sqft of floor space. This property has a lot size of 0.33 acres and was built in 1960.
402 Ray Ave, Springfield, MN 56087 is a 3 bedroom, 1 bathroom, 1,284 sqft single-family home built in 1960. It last sold for $42,500 on Mar 18, 1991. It is currently off market. The Trulia Estimate is $194,900, with a rent estimate of $1,451/month.

Home Details for 402 Ray Ave

Interior Features

Interior Details
BasementNumber of Rooms: 6
Heating & Cooling
Heating: Radiant, OtherAir ConditioningCooling System: CentralHeating Fuel: Radiant
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Linoleum Vinyl

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Other
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1960
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 0.33 acres

Price and Tax history

DateEventPrice
Mar 18, 1991
Source: N/A
Sold
$42,500

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 402 Ray Ave

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Off Market Homes Near 402 Ray Ave

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Frequently asked questions about 402 Ray Ave

  • What is 402 Ray Ave estimated to be worth?
    Trulia's estimated value for 402 Ray Ave in Springfield, MN is $194,900.
  • What is the price history for 402 Ray Ave?
    402 Ray Ave in Springfield, MN last sold for $42,500 in March 1991.
  • 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 402 Ray Ave?
    The closest schools to 402 Ray Ave in Springfield, MN are Springfield Elementary School (Pre-K, rated 10/10), Springfield Secondary (Middle/High, rated 8/10).
  • Does 402 Ray Ave have air conditioning?
    Yes, 402 Ray Ave in Springfield, MN has air conditioning.
  • How big is the lot at 402 Ray Ave?
    The lot at 402 Ray Ave in Springfield, MN is about 0.33 acres (14,200 sq ft).