Springfield, OH Real Estate
According to census data in the year 2000 there were 29,301 housing units in Springfield.
This represents a 0.9% decline from 29,562 in 1990.
Of those housing units, 29,247 were located in either urbanized areas or urban clusters, and 54 were located in what is classified as a rural area.
Homeownership rate in Springfield is about 56.9%.
Springfield's vacancy rate, including seasonal lodging, is about 10.4%.
Average household size is 2.38 people.
The majority of houses, apartments or condos in Springfield were built after 1950.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 14.60% |
| Two Bedrooms | 34.20% |
| Three Bedrooms | 38.30% |
| Four Bedrooms | 9.70% |
| Five Bedrooms or more | 1.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.43 |
| Median year structure was built | 1949 |
| Median Value of occupied units | $69,600 |
| Median Price asked for vacant units | $63,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1953 |
| Median Monthly Rent asked for vacant units | $367 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 9.80% |
| Home Equity Loan | 6.90% |
| Simple Mortgage | 48.90% |
| Debt Free | 34.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.9% |
