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Springfield, OH Real Estate


According to census data in the year 2000 there were 29,301 housing units in Springfield. This represents a 0.9% decline from 29,562 in 1990.

Of those housing units, 29,247 were located in either urbanized areas or urban clusters, and 54 were located in what is classified as a rural area.

Homeownership rate in Springfield is about 56.9%. Springfield's vacancy rate, including seasonal lodging, is about 10.4%. Average household size is 2.38 people.

The majority of houses, apartments or condos in Springfield were built after 1950.

Statistics

Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom14.60%
Two Bedrooms34.20%
Three Bedrooms38.30%
Four Bedrooms9.70%
Five Bedrooms or more1.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.43
Median year structure was built1949
Median Value of occupied units$69,600
Median Price asked for vacant units$63,600

Rented Homes, Apartments and Condos

Average Household Size2.31
Median year structure was built1953
Median Monthly Rent asked for vacant units$367

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage9.80%
Home Equity Loan6.90%
Simple Mortgage48.90%
Debt Free34.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.9%