$305,000
- Studio
Highway 161, Springfield, TN 37172
Est. Refi. Payment $1,788/mo*
Refinance Your HomeCurrently Off Market - Sold May 16, 2022 for $674,442
Home Value
Trulia Estimate
$305KSince last month
Decreased$54K (-14.9%)Since last year
Increased$39K (+14.6%)Since last sale
Decreased$369K (-54.8%)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 decreased by -54% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $305K |
| August 2026 | $304K |
| July 2026 | $359K |
| June 2026 | $288K |
| May 2026 | $298K |
| April 2026 | $335K |
| March 2026 | $249K |
| February 2026 | $289K |
| January 2026 | $275K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
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 |
|---|---|---|---|---|---|---|---|
0.24 | Single-Family Home | $128,000 | 09/01/26 | 3 | 2 | 1,296 | |
0.44 | Single-Family Home | $605,000 | 04/27/26 | 3 | 3 | 2,591 | |
1.10 | Single-Family Home | $547,900 | 07/16/26 | 3 | 2.5 | 2,272 | |
0.98 | Single-Family Home | $387,000 | 04/17/26 | 3 | 2 | 2,240 | |
1.18 | Single-Family Home | $330,000 | 10/17/25 | 3 | 2.5 | 1,958 | |
1.26 | Single-Family Home | $380,000 | 08/10/26 | 3 | 2 | 1,973 | |
1.07 | Single-Family Home | $292,900 | 07/15/26 | 2 | 2 | 1,250 | |
1.05 | Single-Family Home | $540,000 | 06/15/26 | 1 | 1,200 | ||
1.84 | Single-Family Home | $679,900 | 03/31/26 | 4 | 3 | 2,956 | |
1.84 | Single-Family Home | $490,000 | 09/10/25 | 3 | 2.5 | 2,510 |
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 |
|---|---|---|---|---|---|---|
0.24 | $446,800 | 3 | 3 | 2,047 | Off Market | |
0.24 | $128,000 | 3 | 2 | 1,296 | Recently Sold | |
0.44 | $605,000 | 3 | 3 | 2,591 | Recently Sold | |
0.70 | $180,000 | - | - | - | For Sale | |
0.73 | - | - | - | - | Off Market | |
0.76 | $351,800 | 4 | 2 | 2,280 | Off Market | |
0.77 | $195,000 | 2 | 2 | 952 | Recently Sold | |
0.98 | $387,000 | 3 | 2 | 2,240 | Recently Sold | |
0.97 | - | - | - | - | Off Market | |
1.00 | $289,900 | - | - | - | For Sale | |
1.07 | $292,900 | 2 | 2 | 1,250 | Recently Sold | |
1.06 | $699,900 | 4 | 3 | 2,980 | For Sale |
Local Information
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Home Highlights
Property Type
Single-Family Home
Lot Size
3 acres
About this House
This single-family home is located at Highway 161, Springfield, TN. Highway 161 is in Springfield, TN and in ZIP code 37172. This property has a lot size of 3.00 acres.
Highway 161, Springfield, TN 37172 is a studio single-family home. It last sold for $674,442 on May 16, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $305,000, with a rent estimate of $1,827/month.
Home Details for Highway 161
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Property Type / Style Property Type: Single Family Home |
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Units in Building: 1 |
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Lot Area: 3.00 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 16, 2022 Source: N/A | Sold | $674,442 |
Feb 24, 2021 Source: N/A | Sold | $9,259 |
May 22, 2020 Source: N/A | Sold | $550,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $438 | $97,300 |
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
LGBTQ Local Legal Protections
Frequently asked questions about Highway 161
- What is Highway 161 estimated to be worth?Trulia's estimated value for Highway 161 in Springfield, TN is $305,000.
- What is the price history for Highway 161?Highway 161 in Springfield, TN last sold for $674,442 in May 2022.
- 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.
- How big is the lot at Highway 161?The lot at Highway 161 in Springfield, TN is about 3 acres.