Springfield, OR Foreclosures
How much do homes sell for in Springfield, OR?
The average home price is currently $453,849.
In Springfield, OR, how many homes are available?
There are currently 76 active home listings available in Springfield.
What’s the average rental cost in Springfield, OR?
The average rental price in Springfield is $1,225.
What is the most expensive home in Springfield?
The most expensive home sold in Springfield had a price of $92,471,644.
What is currently the cheapest priced home in Springfield, OR?
The cheapest home for sale in Springfield is priced at $14,357.
Living in Springfield, OR
Springfield, Oregon, is a dynamic city with a thriving community atmosphere. Rich in outdoor activities and amenities, it boasts scenic river views and numerous parks for residents to enjoy. With excellent schools and a rising real estate market, Springfield is an attractive option for homebuyers.
Current Market Conditions in Springfield, OR
Springfield's real estate market is experiencing an upward trend, influenced by the growing demand for housing and its proximity to Eugene. The average home prices have been steadily increasing over the past few months, making now an opportune time for potential buyers looking to invest in the area.
The local market in Springfield shows a diverse range of available properties, including single-family homes, townhouses, and condos, catering to various price points and preferences. Sellers are receiving competitive offers, and homes are often selling quickly, reflecting the area's desirability.
Home Value Estimator For Springfield, OR
There are currently 27,726 real estate properties
in Springfield, OR,
with a median automated valuation model (AVM) price
of $401,129.00. 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, OR, 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, OR,
is $453,849.00, with the most expensive house
in Springfield, OR, topping out
at $92,471,644.00 and the cheapest home
in Springfield, OR,
clocking in at $14,357.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Springfield, OR!
Rent Prices
In Springfield, OR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Springfield, OR, is on
a rollercoaster ride. The
average rent price in Springfield, OR,
is $1,225.00. Indeed, when looking to rent in
Springfield, OR, you can expect to pay as little
as $500.00 or as much
as $3,160.00,
with the average rent median estimated to
be $1,190.00. The good news is that finding
an affordable and desirable property to rent in Springfield, OR
-- 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
