A typical Springfield home is worth roughly $242,000
What kind of housing town is Springfield?
Read from the numbers below. The page puts what stands out first.
96% of Springfield households own their home
Half of Springfield’s homes were built before 1978.
Missouri: 68% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
What it takes to buy in Springfield
Try your own numbers below.
That covers a typical Springfield home, with $37K to spare.
A two-bedroom rents for about $890 a month here, $550 less than owning.
How Springfield ranks on affordability →
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Missouri typical property tax (0.85% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $890
Fair Market Rent a month, utilities included
How Springfield ranks on rent that’s easy to afford →
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Henry County, MO): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Springfield vs. its neighbors
Springfield is the priciest of 3 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Springfield | $242K* | — | $890 | $37,450 |
| Leesville | $125K* | −1%† | $890 | $70,000 |
| Deer Creek | — | −1%† | $890 | $106,667 |
| Windsor | $184K | +4.7% | $900 | $51,719 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Springfield buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.