Springfield, Missouri.
Typical home $243,597 (+3.1% in a year), asking rent $1,192 (+6.0%). Springfield, MO metro.
to buy the typical home at today's mortgage rate — +$735 (+135%) since Jan 2020.
- 1 year
- Up $7,221 +3%
- $236,375$243,597 since Sep 2025
- 5 years
- Up $56,934 +31%
- $186,663$243,597 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Springfield$1,279
- Missouri$1,393
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in Springfield, MO rose 3.1% over the past year — faster than the nation's +1.2%.
Asking rents in Springfield, MO rose 6.0% over the past year — faster than the nation's +2.7%.
Owning the typical home in Springfield runs $491/mo more than renting one. The gap peaked at $584 in Oct 2023.
That is $1,684 a month against $1,192 rent: a $1,279 mortgage payment, plus $144 property tax and $261 insurance & upkeep.
Owning vs renting — Springfield
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$1,684
- Renting$1,192
- Mortgage only$1,279
Property tax · $144/mo 0.71% of value a year — the ACS 2020-2024 median bill over the median home value for Greene County, MO
Insurance & upkeep · $261/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Springfield, Greene County, Missouri
Springfield is a city of 169,176 people in Greene County. Half its households earn more than $49,311 a year and half less, against $61,479 across Greene County; 18% of its people live below the poverty line. 44% of its homes are lived in by their owners and 56% are rented. Unemployment in Springfield was 3.9% in August 2026, and Greene County had 0.6% more jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Springfield is a city in Greene County, Missouri, and a fairly young one, with a median age on the youthful side. Far more homes are rented than across the county, and incomes run below the county's, with a good share of residents living below the poverty line. Homes cost less to buy than in many parts of the country, and the trip to work is short. Winters are cold, with January highs and lows around freezing and below, summers are warm, and rain and melted snow add up to a fair amount over the year.
Work. Many residents work in schools, hospitals and social care, in shops, in restaurants, hotels and entertainment, or in professional and business services. The largest workplaces in town include Mercy Hospital Springfield, CoxHealth and Missouri State University-Springfield. Unemployment has eased a little compared with a year earlier, and the county has added a small number of jobs.
Things to do. In or beside town, the Wonders of Wildlife Museum & Aquarium is a zoo-and-aquarium attraction, and the Landers Theatre and the Gillioz Theatre are both theatres. A short drive away are Fantastic Caverns, a tourist attraction, and Wilson's Creek National Battlefield, a historic site. Fellows Lake, also a short drive away, is a reservoir.
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- 78,824households
- 31%of adults have a degree
- 18%below the poverty line
- 18 mintypical commute
- 10%work from home
What residents work in
Employed residents by industry, from the Census survey. Greene County had 179,452 jobs in 2025, 0.6% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 43° and lows near 22°; warmest in July, with highs near 88° and lows near 68°. About 47 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Springfield Wbo weather station, under a mile away (NOAA).
Largest workplaces in Springfield
- Lester E. Cox Medical CentersHospitals, general medical and surgical11,485
- CoxhealthGeneral hospital7,188FTE
- Mercy Hospital SpringfieldGeneral hospital3,872FTE
- Missouri State University-SpringfieldUniversity or college2,894
- Springfield R-xii SchoolsSchool district2,875FTE
- CoxHealthHospitals, specialty2,836
- The Arc of the OzarksGroup homes, intellectual and developmental disability1,754
- Ozarks Technical Community CollegeUniversity or college1,597
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 296 workplaces with 20 or more staff, 53,010 people in all. Hospitals come from their Medicare cost reports (CMS, 2023), colleges from IPEDS (NCES, 2023–24) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Ice stormsRelatively high
- Heat wavesRelatively high
- Winter weatherRelatively high
- LightningRelatively high
- HailRelatively moderate
- Tornadoesrelatively high in parts of SpringfieldRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Springfield’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Greene County and the Springfield, MO metro.
Springfield home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Springfield$243,597
- Missouri$265,387
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 4 Springfield listings, and the typical home goes pending in 16 days — the market is heating up.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Springfield26.53%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Springfield16
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Springfield983
New listings per month
Sellers arriving at the market.
- Springfield317
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Springfield$250,182
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Springfield98.17%
Zip codes with a Springfield address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Springfield — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Springfield
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 65807 | Springfield | 56,659 | $1,233 | $232,623 |
| 65802 | Springfield | 46,739 | $1,105 | $207,312 |
| 65803 | Springfield | 42,882 | $1,071 | $186,931 |
| 65804 | Springfield | 40,935 | $1,314 | $265,985 |
| 65810 | Springfield | 22,137 | $1,461 | $355,258 |
| 65806 | Springfield | 13,692 | $978 | $134,704 |
| 65809 | Springfield | 11,384 | $1,875 | $450,208 |