Springfield, MA Real Estate
According to census data in the year 2000 there were 61,172 housing units in Springfield.
This represents a 0.2% decline from 61,320 in 1990.
Of those housing units, 61,172 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Springfield is about 49.9%.
Springfield's vacancy rate, including seasonal lodging, is about 6.6%.
Average household size is 2.57 people.
The majority of houses, apartments or condos in Springfield were built after 1952.
|Housing Units by Size|
|Five Bedrooms or more||3.60%|
Owned Homes, Apartments and Condos
|Average Household Size||2.61|
|Median year structure was built||1950|
|Median Value of occupied units||$87,300|
|Median Price asked for vacant units||$77,900|
Rented Homes, Apartments and Condos
|Average Household Size||2.52|
|Median year structure was built||1954|
|Median Monthly Rent asked for vacant units||$505|
Owners Finance Status
|Second Mortgage & Equity Loan||0.30%|
|Home Equity Loan||8.40%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.6%|