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Property in Springfield, Ohio
| Zipcode |
Population |
Households |
Average
house value | | 45502 | 16,056 | 6,346 | $215,124 | | 45503 | 33,322 | 14,764 | $163,800 | | 45504 | 20,107 | 7,890 | $177,086 | | 45505 | 22,304 | 10,289 | $116,298 | | 45506 | 15,704 | 7,009 | $120,302 |
Other cities in the area: Fairborn, Urbana, New Carlisle, Dayton, Yellow Springs, Cedarville, Enon, Mechanicsburg
Condition of the land in Springfield is important when buying it as an income property. Local temperature and climate play into this condition. If the area has never been farmed but the soil is good, the price could be higher. If toxic chemicals have been driven into the ground or illegally leached out of pipes, the putative value of the land will drop because it will not be worth as much to other prospective buyers. Ohio consistently ranks among the top for attracting new business. Its
geographic location also provides excellent opportunities for trade and new commerce activities, and like most locations, Springfielddirectly benefits from this opportunity. The state
is within close proximity to major US urban areas and Canadian urban areas, making Springfield an excellent place
to start a business, find a rewarding career or invest in business.
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Equal Housing Opportunity
