97478, Springfield, OR

The 97478 zip code of Springfield, OR has a population of around 107,000 people. The median home value in this zip code is $187,200 which is about $130/per square foot. The median home equity in this zip code is $101,700 which means that the typical homeowner in this zip code has around $128,000 worth of equity in their home.

Since the typical homeowner in this zip code has a lot of equity in their home, they are likely to be able to afford to keep their home for a long time if they want to. Additionally, since the median home value in this zip code is relatively high compared to other zip codes in Oregon, it may be more affordable for someone who wants to buy a house in Springfield than it would be elsewhere.

Overall, the 97478 zip code of Springfield appears to be doing well economically and homeowners here are likely to be able to afford homes for quite some time into the future.