Springfield, WV

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Springfield short-term rental market based on reliable data.

Listings

25 / 31

Reliable / Active

Cap Rate

15%

Middle-Earners Gross Yield

Revenue

$26,175

Middle-Earners Revenue

Occupancy

59%

Middle-Earners Occupancy

Home Value

$179,641

Median Home Sale Price

Top Earners

$54,360

Top-Earners Revenue

Springfield

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Springfield.

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A

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.

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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.

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