Springfield, VA
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Springfield short-term rental market based on reliable data.
Listings
91 / 403
Reliable / Active
Cap Rate
5%
Middle-Earners Gross Yield
Revenue
$32,428
Middle-Earners Revenue
Occupancy
68%
Middle-Earners Occupancy
Home Value
$689,231
Median Home Sale Price
Top Earners
$71,428
Top-Earners Revenue
Springfield
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Springfield.
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Challenging to Investors
Springfield Regulations
STRs are technically allowed citywide under Fairfax County rules with a moderate permit fee ($270, 2‑year validity) and a clear application path, but they are heavily constrained: the 60‑night cap, primary‑residence requirement (185+ days/year), strict occupancy/contract limits, and required life‑safety equipment create high operational friction and risk, and inconsistent enforcement risks non‑compliance penalties.
Local STR Agent
STR specialist · Springfield, VA
About Springfield
Springfield is a census-designated place (CDP) in Fairfax County, Virginia, United States. The Springfield CDP is recognized by the U.S. Census Bureau with a population of 31,339 as of the 2020 census. Previously, per the 2010 census, the population was 30,484. Homes and businesses in bordering CDPs including North Springfield, West Springfield, and Newington are usually given a Springfield mailing address. The population of the collective areas with Springfield addresses is estimated to exceed 100,000. The CDP is a part of Northern Virginia, the most populous region of the Washington Metropolitan Area.