Prior to the completion of I-95/395 in the mid-1940s, Springfield real estate consisted of little more than a railroad station and a post office. Today, however, it is a bustling Washington D.C. suburb covering four zip codes. Springfield real estate is also home to Springfield Mall, a major retail destination that is currently being overhauled and converted into a mixed-use venue called Springfield Town Center.
The primary appeal of Springfield real estate is its accessibility. The Springfield Interchange boasts three interstates: I-95, I-395, and I-495. In addition, Metro, Virginia Railway Express, and Amtrak all provide service to Springfield real estate owners, and Washington National Airport is just a short drive away. Another appeal is the suburb’s excellent schools, including Garfield Elementary School and Robert E. Lee High School, which make Springfield real estate ideal for families. But that’s not all! Springfield real estate offers an enticing blend of condos, townhouses, and single family homes with an average household expenditure of $73,463. Springfield also has a crime index much lower than the national average, as well as a low turnover, making Springfield real estate a wise long-term investment. You can learn more about the Springfield housing market, including timely statistics about active inventory and the median sales price of area homes, by visiting the Springfield housing market report. You can also find more localized information by visiting the North Springfield housing market report, the West Springfield housing market report, the East Springfield housing market report, and the South Springfield housing market report.
