Springfield, TN Real Estate

According to census data in the year 2000 there were 5,778 housing units in Springfield. This represents a 27.5% growth from 4,530 in 1990.

Of those housing units, 5,299 were located in either urbanized areas or urban clusters, and 479 were located in what is classified as a rural area.

Homeownership rate in Springfield is about 57.8%. Springfield's vacancy rate, including seasonal lodging, is about 6.7%. Average household size is 2.55 people.

The majority of houses, apartments or condos in Springfield were built after 1972.


Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom11.90%
Two Bedrooms32.30%
Three Bedrooms41.30%
Four Bedrooms11.90%
Five Bedrooms or more1.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.56
Median year structure was built1976
Median Value of occupied units$90,400
Median Price asked for vacant units$84,800

Rented Homes, Apartments and Condos

Average Household Size2.54
Median year structure was built1968
Median Monthly Rent asked for vacant units$272

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage12%
Home Equity Loan5.20%
Simple Mortgage50.30%
Debt Free32.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.7%