Real Estate details: Springfield OR vs Lancaster CA
RE Insights
| Metric | Springfield | Lancaster |
|---|---|---|
| Population | 61,400 | 169,185 |
| Median Home Price | $420,000 | $399,000 |
| Rent | 46% | 43% |
| Own | 54% | 57% |
Real Estate Insights Comparison: Springfield vs Lancaster
- The population in Lancaster is greater at 169,185 compared to 61,400 in Springfield.
- A higher median home price of $420,000 is found in Springfield compared to $399,000 in Lancaster.
- Rent in Springfield is higher at 46% compared to 43% in Lancaster.
- More homeowners can be found in Lancaster at 57% compared to 54% in Springfield.
Environmental Insights
Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.