Real Estate Market Update for Springfield, OH
Welcome to January's Market Update. Let’s take a look at residential real-estate activity in your area during the month of December. The number of active listings was up 32% from one year earlier, and down 16% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just over 160-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 9%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 110-thousand dollars. The number of units sold increased 125% year-over-year, and increased nearly 300% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Springfield, OH
Area Information for Springfield, OH
  • Population: 59,759
  • Median Age: 36.58 yr
  • Median Commute Time: 19 mins
  • Educational Climate*: 3
  • Sales Tax: 7%
  • Population Density: 2,313/sq mi
  • Population Change Since 2000: -10.47%
  • Closest Airport: James M Cox Dayton International
  • Closest College: Wittenberg University
  • Closest Jr. College: Clark State Community College
  • Median Household Income: $35,217
  • Annual Residential Turnover: 20%
  • Median Home Sales Price: $65,000
  • Closest Major Sports Team: Dayton Dragons (a)
  • Change Avg. Household Income Since 2000: 12.92%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Springfield, OH
Median Age: 36.58 Married: 31% Number of Households: 24,052 Households with Children: 6,718
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Springfield, OH

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Hayward Middle School 0.4 mi Public 7-8 3 4
      Keifer Alternative Academy 0.5 mi Public K-12 0 4
      Lincoln Elementary School 0.5 mi Public K-6 2 3
      Springfield Academy Of Excellence 0.5 mi Public K-6 2 5
      Perrin Woods Elementary School 0.9 mi Public K-6 2-5 4
      Fulton Elementary School 0.9 mi Public K-6 2 3
      Springfield Christian School 1.0 mi Private PRESCHOOL-8 0 0
      Springfield Preparatory And Fitness Academy 1.0 mi Public K-8 2 4
      Life Skills Center-springfield 1.0 mi Public 9-12 0 0
      Nightingale Montessori Inc Ele 1.1 mi Private PRESCHOOL-12 0 0
      Kenwood Elementary School 1.1 mi Public K-6 1 3
      Catholic Central High School 1.2 mi Catholic 7-12 0 4
      Catholic Central Elementary School - Pk-6 1.2 mi Catholic PRESCHOOL-6 0 5
      Springfield-clark County 1.2 mi Public 11-12 0 3
      Global Impact Stem Academy 1.3 mi Public 9-9 0 0
      Clark Preschool 1.6 mi Public PRESCHOOL-PRESCHOOL 0 0
      Maiden Lane Educare 1.7 mi Private PRESCHOOL-PRESCHOOL 0 4
      Possum Elementary School 1.9 mi Public K-8 2-5 3
      Possum Middle School 1.9 mi Public 6-8 0 0
      Snyder Park Elementary School 2.0 mi Public K-6 2 4
      Lagonda Elementary School 2.0 mi Public K-6 3 3
      Mann Elementary School 2.3 mi Public K-6 2 5
      Schaefer Middle School 2.4 mi Public 7-8 2-5 3
      Snowhill Elementary School 2.5 mi Public K-6 4-5 4
      Catholic Central Elementary - Limestone Campus 2.5 mi Catholic PRESCHOOL-2 0 0
      Risen Christ Lutheran School 2.6 mi Private PRESCHOOL-6 0 5
      Warder Park-wayne Elementary School 2.6 mi Public K-6 1 3
      Roosevelt Middle School 3.0 mi Public 7-8 3 3
      Kenton Elementary School 3.0 mi Public K-6 2 2
      Shawnee High School 3.2 mi Public 9-12 3-5 4
      Ridgewood School 3.3 mi Private K-8 0 4
      Reid Middle School 3.5 mi Public 6-8 0 0
      Reid Elementary School 3.5 mi Public K-8 4-5 5
      Rockway Middle School 3.7 mi Public 6-8 0 0
      Rockway Elementary School 3.7 mi Public PRESCHOOL-8 3-5 4
      Twin Oaks Sda Elementary School 3.7 mi Private K-8 0 0
      Emmanuel Christian Academy 4.8 mi Private K-12 0 5
      Greenon High School 5.1 mi Public 7-12 3 4
      Northridge Elementary School 5.7 mi Public K-5 3 4
      Northridge Middle School 5.7 mi Public 6-8 4 3
      Kenton Ridge High School 5.8 mi Public 9-12 3 4
      Rolling Hills Elementary School 6.5 mi Public PRESCHOOL-5 3-5 4
      Northeastern High School 7.1 mi Public 9-12 3 4
      Northwestern Elementary School 7.6 mi Public PRESCHOOL-6 2 3
      Northwestern High School 7.6 mi Public 7-12 3-5 5
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for Springfield, OH
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.