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Springfield, KY Real Estate


According to census data in the year 2000 there were 1,274 housing units in Springfield. This represents a 6.8% growth from 1,193 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 1,274 were located in what is classified as a rural area.

Homeownership rate in Springfield is about 66.2%. Springfield's vacancy rate, including seasonal lodging, is about 6.1%. Average household size is 2.17 people.

The majority of houses, apartments or condos in Springfield were built after 1957.

Statistics

Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom11.80%
Two Bedrooms30.10%
Three Bedrooms43.40%
Four Bedrooms10%
Five Bedrooms or more4%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.28
Median year structure was built1955
Median Value of occupied units$74,900
Median Price asked for vacant units$62,500

Rented Homes, Apartments and Condos

Average Household Size1.95
Median year structure was built1963
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage4.60%
Home Equity Loan4.60%
Simple Mortgage38.90%
Debt Free51.50%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs14.7%