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Housing

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  HOUSING OVERVIEW
  

The median home value in Springfield, Massachusetts, is $129,100. Home appreciation is -14.71% over the last 10 years. The median age of Springfield, Massachusetts, real estate is 66 years.

Springfield, Massachusetts Apartments and Rentals

Renters make up 47.38% of the Springfield, Massachusetts, population. 9.16% of houses and apartments in Springfield, Massachusetts, are unoccupied (vacancy rate).


  HOUSINGSpringfield, MassachusettsUnited States
  Median Home Age  6637
  Median Home Cost  $129,100$185,800
  Home Appr. Last 12 months  0.53%3.74%
  Home Appr. Last 5 yrs.  -6.40%16.02%
  Home Appr. Last 10 yrs.  -14.71%-0.68%
  Property Tax Rate  $16.71$11.80
  Homes Owned  43.46%56.34%
  Housing Vacant  9.16%12.45%
  Homes Rented  47.38%31.21%
  AVERAGE RENT FOR HOME OR APARTMENT
  Studio Apartment  $663$712
  1 Bedroom Home or Apartment  $811$825
  2 Bedroom Home or Apartment  $1,003$1,027
  3 Bedroom Home or Apartment  $1,247$1,379
  4 Bedroom Home or Apartment  $1,523$1,601
  VACANT HOUSING
  Vacant For Rent  2.83%2.34%
  Vacant Rented  0.40%0.46%
  Vacant For Sale  0.74%1.20%
  Vacant Sold  0.04%0.46%
  Vacant Vacation  0.38%3.97%
  Vacant Other  4.78%4.02%
  VALUE OF OWNER-OCCUPIED HOUSING
  Less Than $20,000  4.00%4.57%
  $20,000 to $39,999  0.62%3.37%
  $40,000 to $59,999  1.27%4.19%
  $60,000 to $79,999  2.01%5.74%
  $80,000 to $99,999  6.77%6.79%
  $100,000 to $149,999  38.49%15.19%
  $150,000 to $199,999  29.61%14.69%
  $200,000 to $299,999  12.29%18.15%
  $300,000 to $399,999  3.65%10.43%
  $400,000 to $499,999  0.32%5.70%
  $500,000 to $749,999  0.44%6.39%
  $750,000 to $999,999  0.28%2.41%
  $1,000,000 or more  0.28%2.39%

  HOUSING MAP

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Reviews for Springfield


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  3/14/2017
New resident, and I love it

This city has a bad rep that is unwarranted. I just bought a terrific little house in a quiet and friendly neighborhood. Everywhere I go in this town, people are... (Read More)

 54

 45

  8/13/2014
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)

 92

 95

  6/10/2013
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)

 87

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