Springfield, MO Real Estate
According to census data in the year 2000 there were 69,877 housing units in Springfield.
This represents a 11.9% growth from 62,472 in 1990.
Of those housing units, 69,646 were located in either urbanized areas or urban clusters, and 231 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 7.2%.
Average household size is 2.17 people.
The majority of houses, apartments or condos in Springfield were built after 1970.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.80% |
| One Bedroom | 14.60% |
| Two Bedrooms | 35.40% |
| Three Bedrooms | 37.30% |
| Four Bedrooms | 7.90% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $79,800 |
| Median Price asked for vacant units | $64,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.02 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $370 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 6.30% |
| Home Equity Loan | 6% |
| Simple Mortgage | 51.10% |
| Debt Free | 36.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16% |
