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Housing

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  HOUSING OVERVIEW
  

The median home value in Springfield, Massachusetts, is $123,000. Home appreciation is 0.50% over the last year. The median age of Springfield, Massachusetts, real estate is 65 years.

Springfield, Massachusetts Apartments and Rentals

Renters make up 45.02% of the Springfield, Massachusetts, population. 10.25% of houses and apartments in Springfield, Massachusetts, are unoccupied (vacancy rate).

  HOUSINGSpringfield, MassachusettsUnited States
  Median Home Age  6537
  Median Home Cost  $123,000$170,100
  Home Appr. Last 12 months  0.50%4.90%
  Home Appr. Last 5 yrs.  -5.30%-4.60%
  Home Appr. Last 10 yrs.  14.40%12.70%
  Property Tax Rate  $15.51$12.07
  Homes Owned  44.72%57.34%
  Housing Vacant  10.25%12.47%
  Homes Rented  45.02%30.19%
  AVERAGE RENT FOR HOME OR APARTMENT
  Studio Apartment  $639$661
  1 Bedroom Home or Apartment  $767$765
  2 Bedroom Home or Apartment  $959$957
  3 Bedroom Home or Apartment  $1,198$1,289
  4 Bedroom Home or Apartment  $1,364$1,490
  VACANT HOUSING
  Vacant For Rent  2.94%2.50%
  Vacant Rented  0.37%0.46%
  Vacant For Sale  0.99%1.38%
  Vacant Sold  0.13%0.46%
  Vacant Vacation  0.30%3.81%
  Vacant Other  5.52%3.87%
  VALUE OF OWNER-OCCUPIED HOUSING
  Less Than $20,000  1.81%3.30%
  $20,000 to $39,999  1.35%3.44%
  $40,000 to $59,999  0.91%4.18%
  $60,000 to $79,999  2.85%5.80%
  $80,000 to $99,999  6.05%7.08%
  $100,000 to $149,999  34.72%15.77%
  $150,000 to $199,999  35.16%15.03%
  $200,000 to $299,999  13.06%18.50%
  $300,000 to $399,999  2.45%10.39%
  $400,000 to $499,999  0.66%5.66%
  $500,000 to $749,999  0.54%6.39%
  $750,000 to $999,999  0.25%2.28%
  $1,000,000 or more  0.18%2.18%
  HOUSING UNITS BY YEAR STRUCTURE BUILT
  2010 and newer  0.08%0.29%
  2000 to 2009  3.10%14.18%
  1990 to 1999  2.28%13.96%
  1980 to 1989  6.29%13.99%
  1970 to 1979  9.69%16.09%
  1960 to 1969  2.28%13.96%
  1950 to 1959  16.33%11.05%
  1940 to 1949  9.79%5.59%
  1939 or Earlier  43.53%13.68%
  HOUSING COMMENTS
  
City of Homes
I just moved to Springfield almost a year now. I moved there because I know the housing stock there is plentiful. It's also very affordable. The most affordable place to... (read more)
demographics
I just wanted to correct the demographic info presented on this site. As of the 2010 census, the breakdown for Springfield, MA as listed on the Springfield, MA city... (read more)
Expensive, but some of the cheapiest in New Englan
Springfield has a gluttony of very nice houses, and the prices are much more affordable than other metro areas in New England. We moved to Springfield from Boston and... (read more)
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  GENERAL COMMENTS
  
re: Springfield is the dog feces of New England!!!
What is wrong with gays?? I understand springfield has a large lgbt community but that dosent make the area... (read more)
re: Run AWAY!! - 4/7/2013
I think George's air tube has come loose again. ... (read more)
re: Springfield is the dog feces of New England!!!
Ah! The poetry of language. The deft use of metaphor. The witty aside. Here we have all the marks of the full flower of our country: yet another Krazy Kristian... (read more)
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