Springfield, VA Real Estate
According to census data in the year 2000 there were 10,822 housing units in Springfield.
This represents a 23.1% growth from 8,790 in 1990.
Of those housing units, 10,822 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 70.7%.
Springfield's vacancy rate, including seasonal lodging, is about 3.3%.
Average household size is 2.88 people.
The majority of houses, apartments or condos in Springfield were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.40% |
| One Bedroom | 12.50% |
| Two Bedrooms | 17.50% |
| Three Bedrooms | 41.50% |
| Four Bedrooms | 19.90% |
| Five Bedrooms or more | 6.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.88 |
| Median year structure was built | 1963 |
| Median Value of occupied units | $185,700 |
| Median Price asked for vacant units | $205,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.88 |
| Median year structure was built | 1978 |
| Median Monthly Rent asked for vacant units | $1,435 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 9.30% |
| Home Equity Loan | 7.70% |
| Simple Mortgage | 64.10% |
| Debt Free | 18.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.1% |
