Springfield, IL Real Estate

According to census data in the year 2000 there were 53,887 housing units in Springfield. This represents a 11% growth from 48,534 in 1990.

Of those housing units, 53,792 were located in either urbanized areas or urban clusters, and 95 were located in what is classified as a rural area.

Homeownership rate in Springfield is about 62.8%. Springfield's vacancy rate, including seasonal lodging, is about 9.7%. Average household size is 2.25 people.

The majority of houses, apartments or condos in Springfield were built after 1968.


Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom15.30%
Two Bedrooms35.60%
Three Bedrooms34.80%
Four Bedrooms11.10%
Five Bedrooms or more2.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.44
Median year structure was built1967
Median Value of occupied units$88,600
Median Price asked for vacant units$81,000

Rented Homes, Apartments and Condos

Average Household Size1.93
Median year structure was built1970
Median Monthly Rent asked for vacant units$387

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage8%
Home Equity Loan9.60%
Simple Mortgage53.40%
Debt Free28.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.3%