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Springfield, PA Real Estate


According to census data in the year 2000 there were 8,800 housing units in Springfield. This represents a 2.3% growth from 8,604 in 1990.

Of those housing units, 8,800 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 92.3%. Springfield's vacancy rate, including seasonal lodging, is about 2.1%. Average household size is 2.73 people.

The majority of houses, apartments or condos in Springfield were built after 1954.

Statistics

Housing Size

Housing Units by Size
Studio Type0.10%
One Bedroom2.10%
Two Bedrooms9.80%
Three Bedrooms60.10%
Four Bedrooms24.10%
Five Bedrooms or more3.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.81
Median year structure was built1954
Median Value of occupied units$162,500
Median Price asked for vacant units$139,800

Rented Homes, Apartments and Condos

Average Household Size1.76
Median year structure was built1958
Median Monthly Rent asked for vacant units$672

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage5.40%
Home Equity Loan11.80%
Simple Mortgage43.40%
Debt Free39.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.1%