Hey everyone! It’s that time of the month for another edition of Market Insider! This week I’m featuring the lovely town of Springfield, WV. If you happen to be buying or selling a home here, you might want to take a quick read at this!
The number of active listings in Springfield increased by 4.8% from the previous month. The median listing price for homes in this area is $176,250.
Understand the difference between “listing prices” (what sellers are asking for) and “sold prices” (what buyers are willing to pay). By comparing these price trends, you’ll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month. (Some sales are not immediately available from public records. As they become available, the data are updated.)
Median household income is $37,058 with 68 households earning between $35,000 to $40,000 annually.
The Crime Risk Index compares the likelihood of different crimes happening within this community to the national average. The national average for each type of crime equals a score of 100. A score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk.
Number of Homes
Homes with Children
The above data was gathered from multiple sources and includes current listings, recent sales, and more. Whether you’re a buyer or seller, the knowledge you gain will help put you in control of your real estate transactions.
If you’d like to read more statistics on the current housing market in Springfield, visit my website here. You can find more information on it such as local schools, a list of establishments (categorized and searchable by map), and you can even compare areas/neighborhoods according to zip code. It can really provide you with a thorough insight so you have a better idea of the community you want to move into.
Enjoy the rest of the week, everyone!