How much do homeowners pay a month in Springfield Township (Montgomery County), PA?
Homeowners with a mortgage in Springfield Township (Montgomery County), PA pay a median of $2,621 (±$89) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $1,010 (±$49).
70.6% of owned homes carry a mortgage.
In Springfield Township (Montgomery County), the median monthly cost with a mortgage went from $2,312 in 2015–2019 to $2,621 in 2020–2024 (+13.4%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Figures last updated on .
- With a mortgage
- $2,621 (±$89)
- Without a mortgage
- $1,010 (±$49)
- Owned with a mortgage
- 70.6%
Monthly owner costs in Springfield Township (Montgomery County)
| Springfield Township (Montgomery County) | Montgomery County | Pennsylvania | United States | |
|---|---|---|---|---|
| With a mortgage | $2,621 (±$89) | $2,441 (±$22) | $1,762 (±$6) | $1,963 |
| Without a mortgage | $1,010 (±$49) | $936 (±$12) | $644 (±$3) | $638 |
| Owned homes with a mortgage | 70.6% (±3.3 points) | 66.0% (±0.7 points) | 58.0% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $6,640 (±$174) | $5,875 (±$49) | $3,311 (±$12) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Springfield Township (Montgomery County), the median cost with a mortgage is higher than in Montgomery County ($2,441).
It is also higher than in Pennsylvania ($1,762).
It is higher than the national figure ($1,963).
In Montgomery County, Springfield Township (Montgomery County) ranks 18 of 62 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 102 of 2,539.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Springfield Township (Montgomery County) have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $2,312 (±$57) | $2,621 (±$89) | +13.4% | Down after inflation |
| Median real estate taxes | $5,660 (±$118) | $6,640 (±$174) | +17.3% | Down after inflation |
| Median home value | $341,600 (±$6,772) | $469,500 (±$10,284) | +37.4% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median monthly cost with a mortgage in places near Springfield Township (Montgomery County)
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Springfield Township (Montgomery County) | — | $2,621 (±$89) | — |
| Whitemarsh Township | 2.3 mi | $2,739 (±$158) | Not measurably different |
| Glenside | 2.6 mi | $2,395 (±$166) | Lower |
| Wyncote | 2.9 mi | $3,269 (±$161) | Higher |
| Fort Washington | 2.9 mi | $2,836 (±$174) | Higher |
| Cheltenham Township | 3.6 mi | $2,793 (±$57) | Higher |
| Jenkintown | 3.7 mi | $3,143 (±$414) | Higher |
| Upper Dublin Township | 3.8 mi | $2,871 (±$90) | Higher |
| Roslyn | 4.0 mi | $2,039 (±$105) | Lower |
Nearby places with a measurably lower figure: Glenside, PA ($2,395), Roslyn, PA ($2,039).
Nearby places with a measurably higher figure: Wyncote, PA ($3,269), Fort Washington, PA ($2,836), Cheltenham Township, PA ($2,793).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Montgomery County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 12 | Collegeville | $2,836 (±$182) |
| 13 | Cheltenham Township | $2,793 (±$57) |
| 14 | Bryn Athyn | $2,764 (±$529) |
| 15 | Whitemarsh Township | $2,739 (±$158) |
| 16 | Upper Providence Township (Montgomery County) | $2,732 (±$210) |
| 17 | Lower Providence Township | $2,676 (±$190) |
| 18 | Springfield Township (Montgomery County) | $2,621 (±$89) |
| 19 | Horsham Township | $2,592 (±$187) |
| 20 | Marlborough Township | $2,549 (±$225) |
| 21 | Conshohocken | $2,441 (±$250) |
| 22 | Montgomery Township (Montgomery County) | $2,408 (±$120) |
| 23 | Perkiomen Township | $2,403 (±$109) |
| 24 | Upper Merion Township | $2,402 (±$84) |
Showing 13 of 62 places in Montgomery County, ranked from highest to lowest.
The figures for Springfield Township (Montgomery County) include the places inside it that have pages of their own: Flourtown, Oreland, Wyndmoor.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Springfield Township (Montgomery County)
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Springfield Township (Montgomery County) beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Springfield Township (Montgomery County), save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Springfield Township (Montgomery County), and send estimates and invoices from your phone.
Questions about Springfield Township (Montgomery County)
What is the average mortgage payment in Springfield Township (Montgomery County)?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Springfield Township (Montgomery County), PA is $2,621 (±$89) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Springfield Township (Montgomery County)?
Owners without a mortgage in Springfield Township (Montgomery County) pay a median of $1,010 (±$49) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Springfield Township (Montgomery County) gone up?
In Springfield Township (Montgomery County), the median monthly cost with a mortgage went from $2,312 in 2015–2019 to $2,621 in 2020–2024 (+13.4%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Springfield township, Montgomery County, Pennsylvania
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Springfield township, Montgomery County, Pennsylvania
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Springfield township, Montgomery County, Pennsylvania
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Springfield township, Montgomery County, Pennsylvania
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Springfield township, Montgomery County, Pennsylvania
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Springfield township, Montgomery County, Pennsylvania (county subdivision:73088, in state:42 county:091).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Springfield Township (Montgomery County) at a glance
- Median rent in Springfield Township (Montgomery County)
- Rent by bedrooms in Springfield Township (Montgomery County)
- Rent burden in Springfield Township (Montgomery County)
- Renters and owners in Springfield Township (Montgomery County)
- Income and affordability in Springfield Township (Montgomery County)
- Home values in Springfield Township (Montgomery County)
- Property taxes in Springfield Township (Montgomery County)
- Types of homes in Springfield Township (Montgomery County)
- Bedrooms in Springfield Township (Montgomery County)
- Age of homes in Springfield Township (Montgomery County)
- Vacancy rate in Springfield Township (Montgomery County)
- Heating fuel in Springfield Township (Montgomery County)
- Commute and cars in Springfield Township (Montgomery County)
- Crime reported to police in Springfield Township (Montgomery County)
- Population growth in Springfield Township (Montgomery County)
- How long people stay in Springfield Township (Montgomery County)
- Crowding and facilities in Springfield Township (Montgomery County)
- Fair Market Rent in Springfield Township (Montgomery County)
- Pennsylvania landlord and tenant rules
- Housing across Montgomery County
- Housing data for every place in Pennsylvania