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Springfield Metro Area Housing

 

As of 2010-2014, median price of a house in Springfield Area is $214,000, which is lower than the state average of $329,900 and is higher than the national average of $175,700. The median year that a house in Springfield Area was built is 1958, which is about the same as the median year for a house built in the state which is 1959 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 147,937 Owner Occupied Houses in Springfield Area, #93
Springfield Area
214,000 USD
Massachusetts
329,900 USD
U.S.
175,700 USD
Median House Price Growth Since 2005-2009, see rank
Springfield Area
0.52%
Massachusetts
77.65%
U.S.
46.91%

*The Springfield Area median house price growth rate is since 2005-2009. The Massachusetts and U.S population growth rate is since 2000.
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Springfield AreaMassachusettsU.S.
Total Housing Units254,759, see rank, 100%2,816,875132,741,033
Occupied Housing Units236,512, 92.84%, see rank90.12%87.55%
Owner Occupied147,937, 58.07%, see rank56.12%56.34%
Renter Occupied88,575, 34.77%, see rank33.99%31.21%
Vacant Housing Units18,247, 7.16%, see rank9.88%12.45%
For Rent3,880, 1.52%, see rank1.67%2.34%
For Sale Only1,941, 0.76%, see rank0.74%1.20%
Rented or Sold, Not Occupied1,194, 0.47%, see rank0.77%0.92%
For Seasonal, Recreational, or Occasional Use3,227, 1.27%, see rank4.29%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant8,005, 3.14%, see rank2.40%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #807
Springfield AreaMassachusettsU.S.
195819591976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Springfield Area%MassachusettsU.S.
Owner-Occupied Units147,937100%1,580,93874,787,460
With a Mortgage100,79168.13%, see rank71.18%65.58%
Without a Mortgage47,14631.87%, see rank28.82%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Springfield Area
1,599 USD
Massachusetts
2,095 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsSpringfield Area%MassachusettsU.S.
$299 or Less2130.21%, see rank0.09%0.20%
$300 to $4997740.77%, see rank0.49%1.59%
$500 to $6992,7692.75%, see rank1.47%5.01%
$700 to $9998,8888.82%, see rank4.74%14.32%
$1,000 to $1,49931,25931.01%, see rank16.44%27.90%
$1,500 to $1,99929,90129.67%, see rank22.84%20.35%
$2,000 to $2,99921,69721.53%, see rank34.83%19.52%
$3,000 or More5,2905.25%, see rank19.10%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Springfield Area
23.60% of the Total Income
Massachusetts
24.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Springfield Area%MassachusettsU.S.
10% or Less5,4245.38%, see rank5.29%5.86%
10% to 20%32,38832.13%, see rank29.25%31.95%
20% to 30%29,94329.71%, see rank29.39%27.64%
30% to 40%13,52913.42%, see rank14.83%13.74%
40% or More19,21719.07%, see rank20.86%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Springfield Area
588 USD
Massachusetts
707 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsSpringfield Area%MassachusettsU.S.
$199 or Less7891.67%, see rank1.57%7.76%
$200 to $2991,5163.22%, see rank2.45%14.70%
$300 to $49912,83927.23%, see rank16.27%34.63%
$500 to $69917,26936.63%, see rank28.91%21.16%
$700 or More14,73331.25%, see rank50.80%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Springfield Area
14.70% of the Total Income
Massachusetts
14.90% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Springfield Area%MassachusettsU.S.
10% or Less15,33032.52%, see rank31.52%40.19%
10% to 20%14,87631.55%, see rank31.52%31.47%
20% to 30%7,28015.44%, see rank14.65%12.24%
30% to 40%3,5117.45%, see rank7.86%5.64%
40% or More5,74412.18%, see rank13.41%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Springfield AreaMassachusettsU.S.
Total Housing Units254,759, 100%2,816,875132,741,033
1-unit, Detached145,590, 57.15%, see rank52.24%61.65%
1-unit, Attached10,462, 4.11%, see rank5.19%5.82%
2 Units28,434, 11.16%, see rank10.16%3.75%
3 or 4 Units20,690, 8.12%, see rank10.94%4.43%
5 to 9 Units17,290, 6.79%, see rank5.95%4.78%
10 or More Units29,020, 11.39%, see rank14.65%13.08%
Mobile Home, Boat, RV, Van, etc.3,273, 1.28%, see rank0.87%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Springfield AreaMassachusettsU.S.
Total Housing Units254,759, 100%2,816,875132,741,033
1 Room6,198, 2.43%, see rank2.33%1.95%
2 Rooms6,716, 2.64%, see rank3.02%2.48%
3 Rooms21,743, 8.53%, see rank10.03%9.13%
4 Rooms40,385, 15.85%, see rank15.77%16.60%
5 Rooms57,519, 22.58%, see rank18.26%20.41%
6 Rooms50,363, 19.77%, see rank17.63%18.06%
7 Rooms30,191, 11.85%, see rank12.23%12.27%
8 Rooms19,946, 7.83%, see rank9.28%8.48%
9 Rooms or More21,698, 8.52%, see rank11.45%10.60%
Median Rooms5.40, see rank5.505.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Springfield AreaMassachusettsU.S.
Total Housing Units254,759, 100%2,816,875132,741,033
No Bedroom6,580, 2.58%, see rank2.56%2.17%
1 Bedroom30,900, 12.13%, see rank14.08%11.16%
2 Bedrooms71,368, 28.01%, see rank28.19%26.69%
3 Bedrooms98,868, 38.81%, see rank34.72%39.70%
4 Bedrooms37,521, 14.73%, see rank16.00%16.05%
5 or More Bedrooms9,522, 3.74%, see rank4.45%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Springfield AreaMassachusettsU.S.
Total Housing Units236,512, 100%2,538,485116,211,092
Utility Gas101,647, 42.98%, see rank49.70%48.85%
Bottled, Tank, or LP Gas9,075, 3.84%, see rank2.86%4.86%
Electricity41,495, 17.54%, see rank14.23%36.68%
Fuel Oil, Kerosene, etc.72,619, 30.70%, see rank30.36%5.86%
Coal or Coke424, 0.18%, see rank0.13%0.12%
Wood7,994, 3.38%, see rank1.69%2.12%
Solar Energy68, 0.03%, see rank0.03%0.05%
Other Fuel2,547, 1.08%, see rank0.65%0.47%
No Fuel Used643, 0.27%, see rank0.35%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalSpringfield AreaMassachusettsU.S.
Occupied Units Paying Rent85,480, 100%924,80939,201,928
$199 or Less2,611, 3.05%, see rank2.07%1.50%
$200 to $2996,800, 7.96%, see rank5.74%3.18%
$300 to $4999,321, 10.90%, see rank7.69%7.37%
$500 to $69910,969, 12.83%, see rank8.07%16.01%
$700 to $99928,606, 33.47%, see rank20.08%29.17%
$1,000 to $1,49920,759, 24.29%, see rank31.42%26.88%
$1,500 to $1,9994,316, 5.05%, see rank15.67%9.79%
$2,000 or More2,098, 2.45%, see rank9.27%6.10%
Median$839, see rank$1,088$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Springfield AreaMassachusettsU.S.
Occupied Housing Units236,512, 100%2,538,485116,211,092
No Vehicles Available29,586, 12.51%, see rank12.57%9.12%
1 Vehicles Available88,309, 37.34%, see rank36.07%33.80%
2 Vehicles Available82,453, 34.86%, see rank36.51%37.48%
3 or More Vehicles Available36,164, 15.29%, see rank14.84%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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