Housing in 97477 Springfield, OR is currently valued at an average of $382,700, which is slightly above the national median of $338,100. On average, the value of homes has seen a 1 year appreciation rate of 8.24%, which is slightly lower than the national average of 8.27%. This suggests that housing in Springfield area is still a good investment and that property values have been increasing steadily over the last year.
The median home cost in Springfield (zip 97477) is $382,700. Home appreciation the last 10 years has been 126.6%. Home Appreciation in Springfield (zip 97477) is up 13.1%.
Average Age of Homes
- The median age of Springfield (zip 97477) real estate is 45 years old
The Rental Market in Springfield (zip 97477)
- Renters make up 46.2% of the Springfield (zip 97477) population
- 0.3% of houses and apartments in Springfield (zip 97477), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.