Springfield, MO housing market
The typical Springfield home is worth about $246,000, up 2.9% in a year, 8% below the Missouri typical home. Homes typically sell in 12 days, below asking.
Home values, sales, trends and how Springfield compares with the towns next door — updated as new data is published.
Springfield at a glance
A seller's market
Supply is tight — about 2.2 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Springfield | Missouri |
|---|---|---|
| 2017 | $123,000 | $148,000 |
| 2018 | $131,000 | $156,000 |
| 2019 | $141,000 | $165,000 |
| 2020 | $151,000 | $173,000 |
| 2021 | $170,000 | $193,000 |
| 2022 | $198,000 | $219,000 |
| 2023 | $222,000 | $237,000 |
| 2024 | $233,000 | $247,000 |
| 2025 | $240,000 | $258,000 |
| 2026 | $243,000 | $263,000 |
| August 2026 | $246,000 | $268,000 |
Springfield and its neighbors
5 years of income
The typical Springfield home costs about 5 years of the town's median household income, more than across Missouri (3.8 years).
How Springfield ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.