Located east of Eugene, Springfield benefits from its close connection to a larger metropolitan area while being able to maintain its own distinct identity and more affordable housing market. The city has experienced consistent growth as more people are looking for alternatives to the high cost of living in larger Oregon cities like Portland. Plus, Springfield's location also makes it attractive for both residents and visitors who enjoy outdoor activities and local attractions.
The neighborhoods in Springfield offer a wide range of housing options for different types of buyers and investors. The Thurston area is one of the most popular and family-friendly neighborhoods with good schools, parks, and newer housing developments. For those looking for more established neighborhoods, the Hayden Bridge area offers larger homes and proximity to the McKenzie River. Downtown Springfield has seen revitalization in recent years, with new businesses and developments making it a desirable location for younger buyers and those looking for rental income opportunities. Whether investors are interested in single-family homes, multi-family units or vacation properties, Springfield's variety of neighborhoods and proximity to Eugene make it a highly desirable market for real estate investment.