$188,000
3 Beds
1 Bath
1,284 sqft (on 0.33 acres)
402 Ray Ave, Springfield, MN 56087
Est. Refi. Payment $1,267/mo*
Refinance Your HomeCurrently Off Market - Sold Mar 18, 1991 for $42,500
Home Value
Trulia Estimate
$188KSince last month
Decreased$5K (-2.7%)Since last year
Decreased$400 (-0.2%)Since last sale
Increased$146K (+343.5%)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 +66% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| October 2026 | $189K |
| September 2026 | $194K |
| 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 | |
0.29 | Single-Family Home | $150,000 | 10/09/26 | 3 | 2 | 1,631 | |
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 | |
0.28 | 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 | |
0.81 | Single-Family Home | $100,000 | 08/31/26 | 3 | 1 | 1,144 | |
0.39 | Single-Family Home | $155,000 | 03/03/26 | 4 | 2.5 | 2,344 | |
0.14 | Single-Family Home | $235,000 | 07/28/26 | 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 |
|---|---|---|---|---|---|---|
0.01 | $104,500 | 3 | 1 | 1,500 | Off Market | |
0.02 | $172,000 | 3 | 1.5 | 1,406 | Off Market | |
0.02 | $176,100 | 3 | 2 | 2,080 | Off Market | |
0.03 | $267,500 | 4 | 2 | 2,425 | Off Market | |
0.03 | $187,800 | 2 | 1 | 1,522 | Off Market | |
0.03 | $250,100 | 4 | 2 | 1,672 | Off Market | |
0.04 | $164,300 | 3 | 1.5 | 1,056 | Off Market | |
0.04 | $245,400 | 3 | 1 | 2,629 | Off Market | |
0.04 | $136,500 | 4 | 2 | 1,456 | Off Market | |
0.04 | $133,000 | 3 | 1 | 1,356 | Off Market | |
0.04 | $146,400 | 3 | 1 | 1,224 | Off Market | |
0.04 | - | 3 | 2 | 2,132 | Off Market | |
0.05 | $144,900 | Studio | 1 | 1,305 | Off Market | |
0.05 | $223,400 | 3 | 1 | 2,188 | Off Market | |
0.05 | $216,800 | 3 | 2 | 2,080 | Off Market | |
0.05 | $224,300 | 3 | 1 | 1,711 | Off Market | |
0.05 | $156,600 | 4 | 1 | 1,352 | Off Market | |
0.06 | - | Studio | - | - | Off Market | |
0.06 | $120,100 | 2 | 1 | 1,132 | Off Market | |
0.06 | $256,500 | 5 | 3 | 3,385 | 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
Home Highlights
Single-Family Home
Built in 1960
0.33 acre lot
1,284 sqft
$146/sqft
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. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $188,000, with a rent estimate of $1,476/month.
Home Details for 402 Ray Ave
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Interior Details BasementNumber of Rooms: 6 |
Heating & Cooling Heating: RadiantAir ConditioningCooling System: CentralHeating Fuel: Radiant |
Levels, Entrance, & Accessibility Stories: 1Floors: Carpet, Linoleum Vinyl |
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Exterior Home Features Roof: AsphaltExterior: Other |
Parking & Garage GarageParking: Garage Attached |
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Year Built Year Built: 1960 |
Property Type / Style Property Type: Single Family Home |
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Lot Area: 0.33 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 18, 1991 Source: N/A | Sold | $42,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,736 | $171,600 |
Home facts updated by county records
Market trends in Springfield
Last updated September 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
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Available listings
10
3MoM
Sourced by Trulia Market Trends
Around this home
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.
What Locals Say about Springfield
This October
Trick-or-Treat Score
Built from what locals say about this neighborhood.- 86% say there's holiday spirit
- 67% say there are sidewalks
- 61% say neighbors are friendly
Trulia Trick or TreatStart Ghost Hunt
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
LGBTQ Local Legal Protections
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 $188,000.
- 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 buyer'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).
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