Zip 45504 (Springfield, OH) Housing

The housing median value in 45504 Springfield, OH is $172,400, which is significantly less than the US house median value of $338,100. However, the 1 year house appreciation for 45504 Springfield, OH is 14.31%, which is significantly higher than the US 1 year house appreciation of 8.27%. This highlights the potential of this area to experience further increases in housing values over the coming years.

The median home cost in Springfield (zip 45504) is $172,400. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Springfield (zip 45504) is up 13.5%.

Average Age of Homes

- The median age of Springfield (zip 45504) real estate is 64 years old

The Rental Market in Springfield (zip 45504)

- Renters make up 30.5% of the Springfield (zip 45504) population
- 2.0% of houses and apartments in Springfield (zip 45504), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Springfield, Ohio	United States
	7,013.0	139,647,020.0
	66	42
	$172,400	$338,100
	13.5%	16.6%
	57.2%	57.0%
	73.1%	101.1%
	$14.33	$10.98
	$1,962	$2,690
	62.0%	57.4%
	12.6%	11.2%
	25.4%	31.4%
Vacant Housing
	2.0%	1.9%
	0.9%	0.4%
	0.9%	0.7%
	0.6%	0.4%
	0.4%	3.6%
	7.9%	4.1%
Value of Owner-Occupied Housing
	5.5%	2.6%
	3.8%	2.4%
	4.2%	2.8%
	7.2%	3.9%
	11.5%	4.5%
	24.7%	11.3%
	15.4%	13.0%
	16.1%	20.1%
	4.0%	13.6%
	4.1%	8.3%
	3.2%	9.7%
	0.3%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.7%	13.6%
	4.7%	13.6%
	5.7%	13.6%
	9.3%	13.2%
	11.8%	14.8%
	5.7%	13.6%
	19.5%	10.0%
	10.1%	4.7%
	30.1%	12.2%

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