Springfield, OH Foreclosures
How much do homes sell for in Springfield, OH?
The average home price is currently $208,010.
In Springfield, OH, how many homes are available?
There are currently 193 active home listings available in Springfield.
What’s the average rental cost in Springfield, OH?
The average rental price in Springfield is $1,135.
What is the most expensive home in Springfield?
The most expensive home sold in Springfield had a price of $21,624,556.
What is currently the cheapest priced home in Springfield, OH?
The cheapest home for sale in Springfield is priced at $10,032.
Living in Springfield, OH
Springfield, OH, is a lively city offering a mix of suburban tranquility and urban convenience. With a strong sense of community and a variety of amenities, residents enjoy parks, shops, and educational institutions. The city's rich history and outdoor activities make it an appealing choice for families and individuals alike.
Current Market Conditions in Springfield, OH
The Springfield real estate market has shown steady growth in recent years, bolstered by a strong local economy and an influx of new residents seeking affordable housing options. Homes in Springfield are generally more budget-friendly compared to larger metropolitan areas, making it an attractive location for first-time buyers, families, and retirees.
Recent data indicates that the housing inventory is beginning to tighten, leading to increased competition among buyers. Many homes are receiving multiple offers, particularly in desirable neighborhoods near schools and parks. As more people discover the charm and convenience of Springfield, the demand for housing is expected to rise, impacting future pricing trends.
Home Value Estimator For Springfield, OH
There are currently 36,881 real estate properties
in Springfield, OH,
with a median automated valuation model (AVM) price
of $175,454.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Springfield, OH, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Springfield, OH,
is $208,010.00, with the most expensive house
in Springfield, OH, topping out
at $21,624,556.00 and the cheapest home
in Springfield, OH,
clocking in at $10,032.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Springfield, OH!
Rent Prices
In Springfield, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Springfield, OH, is on
a rollercoaster ride. The
average rent price in Springfield, OH,
is $1,135.00. Indeed, when looking to rent in
Springfield, OH, you can expect to pay as little
as $440.00 or as much
as $2,480.00,
with the average rent median estimated to
be $1,110.00. The good news is that finding
an affordable and desirable property to rent in Springfield, OH
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
