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Multi-family Homes in Springfield, VA

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View this home at S George Mason Dr Apt 606 Falls Church VA 22041
Preforeclosure
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S George Mason Dr Apt 606
Falls Church, VA 22041
Multi-Family
AUCTION: 04-17-2024
Multi-Family
View this home at Weeping Willow Ct Chantilly VA 20151
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Weeping Willow Ct
Chantilly, VA 20151
Multi-Family
|
3 |
2.5
|
1,294
AUCTION: 05-03-2024
Multi-Family
|
3 |
2.5
|
1,294
View this home at Edgehill Dr Alexandria VA 22303
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$517,100 EMV
Edgehill Dr
Alexandria, VA 22303
Multi-Family
|
2 |
1
|
816
EST. RENT: $1,950
|
AUCTION: 04-02-2024
Multi-Family
|
2 |
1
|
816
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Top Reasons To Live In Springfield, VA In 2024

Springfield is located in Fairfax, Virginia, with an estimated municipal population of 32,222 residents. All of the best foreclosed homes for sale in Springfield are located in the following zip code areas on Foreclosure.com: 22151 22150 22156 22159 22161 22313. The estimated population per square kilometer (.62 miles) in Springfield is 1,584.


Cost Of Living In Springfield, VA

So, about how much do homes cost in Springfield? The most recent median value of resident-owned homes in Springfield is 468,000. An estimated 62.6 percent of households in Springfield own their homes, with an average family size of 3.75. The median household income in Springfield is 101,814, with51.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Springfield, the median commute time of resident workers (in minutes) is 30.6. And last, but certainly not least, are you looking for homes to rent in Springfield? If so, the average rent price paid by renters in Springfield is 2,102, according to recent statistics.


Diversity And Demographics In Springfield, Virginia

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Springfield, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Springfield is 39.5, split between 50.5 percent male versus 49.5 female. The percentage of residents who report being married in Springfield is 49.8, with an average family size of 3.75.

The percentage of residents who report their race in Springfield is as follows:

White 55.5%
Black / African American 11.2%
Asian 22.2%
American Indian / Alaskan Native 0.6%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.1%
Other 7.5%

Looking for family-friendly neighborhoods in and/or near Springfield? Or maybe you are searching for 55+ active adult communities in and/or near Springfield?

The percentage of residents who report their age in Springfield is as follows:

Under 10 11.3%
Aged 10-19 12.1%
20s 13.2%
30s 14.3%
40s 12.8%
50s 13%
60s 9.6%
70s 5.1%
80+ 8.6%

Best Schools In Springfield, Virginia

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Springfield with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Springfield.


Pros And Cons Of Living In Springfield, Virginia

How do you know that living in -- or moving to -- Springfield is right where you need to be? Perhaps you grew up in Springfield or already live nearby; therefore, the decision to buy a home in Springfield is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Springfield for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Springfield:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Springfield.


Reasons To Move To Springfield, Virginia, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Springfield can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Springfield, meanwhile, can field multiple offers from more qualified buyers.

Springfield, VA Multi-family Homes Foreclosures


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