Springfield, OR Real Estate
According to census data in the year 2000 there were 21,572 housing units in Springfield.
This represents a 19% growth from 18,121 in 1990.
Of those housing units, 21,540 were located in either urbanized areas or urban clusters, and 32 were located in what is classified as a rural area.
Homeownership rate in Springfield is about 53.6%.
Springfield's vacancy rate, including seasonal lodging, is about 5%.
Average household size is 2.54 people.
The majority of houses, apartments or condos in Springfield were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.60% |
| One Bedroom | 14.20% |
| Two Bedrooms | 34.60% |
| Three Bedrooms | 41.10% |
| Four Bedrooms | 6.40% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.54 |
| Median year structure was built | 1973 |
| Median Value of occupied units | $117,500 |
| Median Price asked for vacant units | $118,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.54 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $519 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 13.10% |
| Home Equity Loan | 9.90% |
| Simple Mortgage | 56.90% |
| Debt Free | 19.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21% |
