Springfield, WV
- Overview
- Performance
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Key Performance Metrics
Market snapshotPerformance indicators for the Springfield short-term rental market based on reliable data.
Listings
23 / 31
Reliable / Active
Cap Rate
15%
Middle-Earners Gross Yield
Revenue
$27,327
Middle-Earners Revenue
Occupancy
56%
Middle-Earners Occupancy
Home Value
$179,069
Median Home Sale Price
Top Earners
$47,869
Top-Earners Revenue
Springfield
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Springfield.
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Very Investor friendly
Springfield Regulations
Short‑term rentals are permitted citywide absent any Springfield‑specific STR rules, so investors operate under general zoning and standard business licensing. Permitting is simple/inexpensive (city business registration plus state sales/lodging tax) and there are no explicit caps or zone bans. The tone is pragmatic and supportive of compliant STRs, with enforcement focused on normal life‑safety and zoning rather than restrictive STR measures.
Local STR Agent
STR specialist · Springfield, WV
About Springfield
Springfield is a census-designated place (CDP) in northwestern Hampshire County in the U.S. state of West Virginia. As of the 2010 census, Springfield had a population of 477. Springfield is located north of Romney along West Virginia Route 28 at its junction with Green Spring Road (West Virginia Secondary Route 1) and Springfield Pike (West Virginia Secondary Route 3). It is currently considering incorporation.