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Springfield, VA Real Estate


According to census data in the year 2000 there were 10,822 housing units in Springfield. This represents a 23.1% growth from 8,790 in 1990.

Of those housing units, 10,822 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 70.7%. Springfield's vacancy rate, including seasonal lodging, is about 3.3%. Average household size is 2.88 people.

The majority of houses, apartments or condos in Springfield were built after 1967.

Statistics

Housing Size

Housing Units by Size
Studio Type2.40%
One Bedroom12.50%
Two Bedrooms17.50%
Three Bedrooms41.50%
Four Bedrooms19.90%
Five Bedrooms or more6.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.88
Median year structure was built1963
Median Value of occupied units$185,700
Median Price asked for vacant units$205,000

Rented Homes, Apartments and Condos

Average Household Size2.88
Median year structure was built1978
Median Monthly Rent asked for vacant units$1,435

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage9.30%
Home Equity Loan7.70%
Simple Mortgage64.10%
Debt Free18.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20.1%