Springfield, MO Real Estate
Springfield anchors one of Missouri's largest metro areas with a population of about 169,432. The median home value is near $165,200, and median rent runs around $920/mo.
Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.
Median Home Value
$165,200
Median Rent
$920/mo
Population
169,432
Median Income
$45,984
Median Age
33.6
Homeownership
42.9%
Monthly payment on a median Springfield home
Example for a $165,200 home: 20% down, 30-yr at ~6.75%, MO property tax ~0.89%, 0.4% insurance.
Est. monthly (PITI)
$1,035
Principal & interest
$857
Property tax / mo
$123
Down payment (20%)
$33,040
Springfield at a glance
- 18.7% of residents 25+ hold a bachelor's degree or higher.
- 42.9% of occupied homes are owner-occupied.
- Median household income is $45,984.
- Always verify the assigned school district, flood zone, and HOA for a specific address before signing.
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