Springfield, MI Real Estate
According to census data in the year 2000 there were 2,364 housing units in Springfield.
This represents a 1.9% decline from 2,409 in 1990.
Of those housing units, 2,359 were located in either urbanized areas or urban clusters, and 5 were located in what is classified as a rural area.
Homeownership rate in Springfield is about 55.6%.
Springfield's vacancy rate, including seasonal lodging, is about 8.8%.
Average household size is 2.18 people.
The majority of houses, apartments or condos in Springfield were built after 1965.
|Housing Units by Size|
|Five Bedrooms or more||1.40%|
Owned Homes, Apartments and Condos
|Average Household Size||2.33|
|Median year structure was built||1957|
|Median Value of occupied units||$61,000|
|Median Price asked for vacant units||$50,500|
Rented Homes, Apartments and Condos
|Average Household Size||2|
|Median year structure was built||1973|
|Median Monthly Rent asked for vacant units||$405|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||5.20%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.9%|