Springfield FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Springfield, Oregon.

Featured Foreclosure Listings in Springfield, OR

Springfield Home Foreclosure Listing ID: 2059349

Foreclosure

Springfield, OR - 97478

2 Bd | 1 Ba | $51,500.00

Springfield Home Foreclosure Listing ID: 2050925

Foreclosure

Springfield, OR - 97477

2 Bd | 1 Ba | $70,000.00

Springfield Home Foreclosure Listing ID: 1883186

Foreclosure

Springfield, OR - 97477

3 Bd | 2 Ba | $89,900.00

Springfield Home Foreclosure Listing ID: 1951135

Foreclosure

Springfield, OR - 97478

3 Bd | 2 Ba | $129,900.00

Springfield Home Foreclosure Listing ID: 2056498

Foreclosure

Springfield, OR - 97478

2 Bd | 1 Ba | $192,950.00

Total: 32
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
2 Photos
G ST Springfield OR 97477 Foreclosures 3 2 $74,900.00 Details
2
3 Photos
N 35TH ST Springfield OR 97478 Foreclosures 2 1 $82,500.00 Details
3
18 Photos
HOLLY ST Springfield OR 97478 Foreclosures 4 3 $221,000.00 Details
4
15 Photos
G ST Springfield OR 97477 Foreclosures 2 1 $72,900.00 Details
5
17 Photos
MAIN ST Springfield OR 97478 Foreclosures 3 1 $60,000.00 Details
6
9 Photos
MARCOLA RD Springfield OR 97478 Foreclosures 2 1 $192,950.00 Details
7
4 Photos
35TH ST Springfield OR 97478 Foreclosures 2 1 $51,500.00 Details
8
28 Photos
21ST ST Springfield OR 97477 Foreclosures 3 2 $89,900.00 Details
9
8 Photos
5TH ST Springfield OR 97477 Foreclosures 2 1 $70,000.00 Details
10
16 Photos
DAISY ST Springfield OR 97478 Foreclosures 3 2 $129,900.00 Details
11
12 Photos
A ST Springfield OR 97478 Foreclosures 2 1 $60,000.00 Details
12
16 Photos
BROOKDALE AVE Springfield OR 97477 Foreclosures 3 1 $125,000.00 Details
13
1 Photo
W CENTENNIAL BLVD Springfield OR 97477 Foreclosures 3 1 - Details
14
18 Photos
54TH ST Springfield OR 97478 Auctions 3 3 - Details
15
16 Photos
54TH ST Springfield OR 97478 Auctions 3 1 - Details
16
29 Photos
PARSONS CREEK RD Springfield OR 97478 Foreclosures 4 2 - Details
17
1 Photo
N ST Springfield OR 97477 Foreclosures 3 1 - Details
18
25 Photos
GATEWAY ST APT 3 Springfield OR 97477 Auctions 2 1 - Details
19
17 Photos
HOLDEN CREEK LN Springfield OR 97478 Foreclosures 4 2.5 - Details
20
3 Photos
69TH PL Springfield OR 97478 Foreclosures 3 2 - Details
About our Listings

How to Buy Springfield Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Springfield, OR starts with finding listings. By browsing Springfield foreclosure lists, you can find all kinds of properties either scheduled for sale at public foreclosure auctions or available directly from banks (known as bank-owned or REO homes). The foreclosure process moves quickly, but as long as you give yourself time to research the home that interests you, you can find fantastic deals when you buy foreclosures in Springfield, OR.

>> See more info about how to Buy foreclosures

How to Invest in Springfield Foreclosures

How to invest foreclosure

Springfield foreclosure homes are perfect for property investors because they can be purchased for below their actual market value right off the bat. To find the best Springfield real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Springfield foreclosure investment value. Remember, real estate investing isn't just about getting the lowest price, it's about buying desirable home in locations with the potential for future value. Don't buy the first thing you see at Springfield foreclosure short sales, wait for the right property at the right price.

>> See more info about how to invest in foreclosures

Types of Foreclosures in Springfield

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Springfield will have all kinds of opportunities. In addition to single family homes, you'll find lots of duplex, triplex, and multi family homes, which are great for investing. You'll find upscale townhouse and lofts, and all kinds of houses and condo foreclosures in Springfield, OR. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Springfield apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

>> Learn more about foreclosures

Oregon Foreclosure Laws

Foreclosure law

Oregon real estate foreclosures are both judicial and non-judicial foreclosures in that foreclosure houses can be processed through either mechanism. In a judicial foreclosure, distressed properties in Springfield have to be approved through a court before an auction can take place. In a non-judicial foreclosure, no court approval is required; the lender can file a Notice of Default and eventually put the auction up for sale. Real estate brokers can handle foreclosures after they have been either cleared by the court or put on the market by the lender. In either case, homes that do not sell at auction are now owned by the lender and are Springfield REO properties.

Springfield Banks Foreclosures

Bank Foreclosure

Springfield bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Springfield, OR are not sold through a foreclosure auction, they become REO homes that are under the bank's control. Buyers must then approach banks and make offers on Springfield bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Springfield Oregon to be similar to buying from an agent. Check our Springfield bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Springfield Government Foreclosures

Government Foreclosure

Springfield Government homes are usually foreclosures with government-sponsored mortgages, but they can also be the result of a repossession due to a government tax lien. Most commonly you'll find homes from agencies like Freddie Mac, Fannie Mae, and the USDA, which are federal homes mortgage sponsors. Like like all lenders, they offer foreclosures for sale to the public. HUD homes in Springfield OR are another popular type of foreclosure, as are VA foreclosures in Springfield, which are available from the Veterans Affairs Department for especially great deals. Check our Springfield government foreclosure listings.

>> See more info about govermment foreclosures

Springfield Pre-Foreclosures

Foreclosure

PreForeclosures in Springfield are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Springfield Lis Pendens, or Notice of Default. In some cases, the homeowner may attempt to pay off their debt during this time, but bankruptcies are also often declared. Law requires that bankruptcy homes and pre foreclosures must be in the pre foreclosure stage for at least 60 days before a foreclosure auction can be scheduled, but it can still takes weeks or months for a sale to occur.

>> See more info about pre-foreclosures

Springfield Foreclosure Auctions

Foreclosure Auction

Most Springfield foreclosed homes are sold through Sheriff auctions. These auctions are fantastic ways to find cheap houses for sale, often at up to 50% off market value. Anyone can bid at foreclosure auctions in Springfield, and the auction is overseen by the Sheriff's office or a trustee. Be sure to secure financing before you attend an auction, because a down payment on the winning bid will be required after the sale ends. Auctions are the most common and sought after way to buy repo homes in Springfield, OR. We offer a comprehensive Springfield foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Springfield, Oregon

Find Home Foreclosure Listings in Springfield, OR

Springfield foreclosure listings are your ticket to the lowest prices on real estate in the city, and there's no better source for them than ForeclosureListingsNationwide.com. With our constantly updated database of foreclosure listings in Springfield, OR and easy-to-use search tools, finding the properties you want is fast and effective. Spend more time comparing Los Angeles apartment foreclosures, houses for sale or investment foreclosure properties and let us take care of the hard work! Use ForeclosureListingsNationwide.com to find bankruptcy houses for sale in Springfield Oregon, best affordable foreclosure condo in Springfield, cheap apartments for sale, bargain foreclosed homes for sale in Springfield, OR and earn huge savings on the homes YOU want to buy!

Our Springfield Foreclosure Lists

You can find Springfield foreclosure homes for sale which you can buy for living or investment. Simply click through our Springfield foreclosure home listings to find government foreclosures and bank owned homes in Springfield area. If you're searching for a deep discount or low prices on real estate then searching our Springfield foreclosure lists for homes foreclosure for sale or short sale listing in Springfield is your answer. Our up-to-date Springfield short sale listings provide the latest investing opportunities on affordable Springfield bank owned property listings, government pre foreclosure lists, Springfield banrkuptcy homes and Springfield HUD repossessed homes for sale which can be found at below market value. With our massive foreclosure list in Springfield, you should have little trouble finding the cheapest deal on a foreclosed home in Springfield, Oregon.

You can also search Oakridge foreclosure listings and Veneta foreclosure listings for more properties in the neighboring area.



Springfield, OR

As of 2011, Springfield's population is 57,942 people. Since 2000, it has had a population growth of 9. 52 percent. The median home cost in Springfield is $179,800. Home appreciation the last year has been -7. 21 percent. Compared to the rest of the country, Springfield's cost of living is 2. 40% Higher than the U. S. average. Springfield public schools spend $4,955 per student. The average school expenditure in the U. S. is $5,678. There are about 20 students per teacher in Springfield. The unemployment rate in Springfield is 11. 70 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Springfield jobs have Decreased by 1. 49 percent. Average Commute time is 22 minutes. The National Average is 28 minutes.

Peoplespringfield, orUS
Population57,942307,829,557
Pop Density3,92787
Pop Change9.52%9.34%
Median Age34.636.6
Households22,330116,329,167
Household Size2.552.58
Male Population49.14%49.31%
Female Population50.86%50.69%
Married Population41.72%47.15%
Single Population58.28%52.85%
Estimated Households By Household Incomespringfield, orUS
Income Less Than 15k15.52%12.10%
Income Between 15k And 25k14.89%10.18%
Income Between 25k And 35k12.16%10.56%
Income Between 35k And 50k18.15%14.98%
Income Between 50k And 75k21.36%19.53%
Income Between 75k And 100k9.78%12.52%
Income Between 100k And 150k6.41%12.14%
Income Between 150k And 250k1.00%3.91%
Income Between 250k And 500k0.64%3.34%
Income Greater Than 500k0.09%0.75%
Economyspringfield, orUS
Unemployment Rate11.70%9.10%
Recent Job Growth-1.49%-0.12%
Future Job Growth25.32%31.25%
Sales Taxes0.00%6.80%
Income Taxes9.00%6.25%
Income Per Cap$19,186$27,067
Household Income$41,016$52,954
Housingspringfield, orUS
Median Home Age35.835.1
Median Home Cost$179,800$175,100
Home Appreciation-7.21%-3.15%
Homes Owned51.90%59.90%
Housing Vacant4.43%10.37%
Homes Rented43.66%29.73%
Property Tax Rate$10.72$11.20
Owner Occupied Housing Units By Valuespringfield, orUS
Less Than 20k3.59%2.65%
20k To 399993.04%3.76%
40k To 599991.64%4.99%
60k To 799991.71%6.01%
80k To 999992.41%7.27%
100k To 14999923.22%19.24%
150k To 19999933.49%14.67%
200k To 29999925.35%18.09%
300k To 3999993.53%9.14%
400k To 4999991.00%4.94%
500k To 7499990.59%5.42%
750k To 9999990.14%2.03%
1kk Or More0.27%1.77%
Educationspringfield, orUS
School Expend$4,955$5,678
Pupil Teacher Ratio2014.9
Students Per Librarian543803
Students Per Counselor517513
2 Yr College Grad8.66%7.47%
4 Yr College Grad10.22%17.42%
Graduate Degrees4.59%10.12%
High School Grads84.63%84.72%
Crimespringfield, orUS
Violent Crime54
Property Crime74
Housing Units By Year Structure Builtspringfield, orUS
1999 To 200510.47%13.71%
1995 To 19988.57%8.54%
1990 To 19945.07%5.77%
1980 To 19897.61%13.87%
1970 To 197929.86%16.17%
1960 To 196914.39%11.70%
1950 To 195910.88%11.08%
1940 To 19498.65%6.02%
1939 Or Earlier4.49%13.15%

Table Information