Springfield, TN Real Estate
According to census data in the year 2000 there were 5,778 housing units in Springfield.
This represents a 27.5% growth from 4,530 in 1990.
Of those housing units, 5,299 were located in either urbanized areas or urban clusters, and 479 were located in what is classified as a rural area.
Homeownership rate in Springfield is about 57.8%.
Springfield's vacancy rate, including seasonal lodging, is about 6.7%.
Average household size is 2.55 people.
The majority of houses, apartments or condos in Springfield were built after 1972.
|Housing Units by Size|
|Five Bedrooms or more||1.40%|
Owned Homes, Apartments and Condos
|Average Household Size||2.56|
|Median year structure was built||1976|
|Median Value of occupied units||$90,400|
|Median Price asked for vacant units||$84,800|
Rented Homes, Apartments and Condos
|Average Household Size||2.54|
|Median year structure was built||1968|
|Median Monthly Rent asked for vacant units||$272|
Owners Finance Status
|Second Mortgage & Equity Loan||0.30%|
|Home Equity Loan||5.20%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.7%|