Springfield, Missouri housing market and home prices
Springfield, Missouri home prices: according to the Zillow Home Value Index, a typical home was worth $243,597 in September 2026. That was +3.1% higher than a year earlier and the highest monthly value on record.
- Typical value of a home
- $243,597September 2026, Zillow ZHVI
- Change over 12 months
- +3.1%. Since September 2025.
Springfield, Missouri home prices since 2000
Springfield, Missouri is shown by the steel line, while the United States is shown by the grey line. In Springfield, Missouri, the typical home increased from $116,534 to $243,597 since August 2007, a ×2.09 change. Over the same months, the typical US home rose ×1.76. The peak during the boom was $116,987 in July 2008. The low was $101,803 in February 2012, a change of −13.0%.
Springfield, Missouri median home price by year
Each yearly figure averages the twelve monthly values. The figure for 2026 shows the latest month.
| Year | Springfield, Missouri | Change on the year | United States |
|---|---|---|---|
| 2008 | $116,414 | $195,574 | |
| 2009 | $112,389 | −3.5% | $177,542 |
| 2010 | $111,106 | −1.1% | $171,462 |
| 2011 | $104,385 | −6.0% | $162,508 |
| 2012 | $103,477 | −0.9% | $161,137 |
| 2013 | $106,581 | +3.0% | $171,420 |
| 2014 | $110,617 | +3.8% | $182,996 |
| 2015 | $113,059 | +2.2% | $192,738 |
| 2016 | $118,164 | +4.5% | $204,509 |
| 2017 | $124,887 | +5.7% | $216,767 |
| 2018 | $134,108 | +7.4% | $230,541 |
| 2019 | $143,475 | +7.0% | $242,088 |
| 2020 | $154,846 | +7.9% | $257,151 |
| 2021 | $180,761 | +16.7% | $295,959 |
| 2022 | $212,799 | +17.7% | $340,014 |
| 2023 | $224,246 | +5.4% | $348,160 |
| 2024 | $233,981 | +4.3% | $359,751 |
| 2025 | $236,941 | +1.3% | $362,959 |
| September 2026 | $243,597 | +3.1% | $366,157 |
What a home bought in Springfield, Missouri in any year is worth now
An index-based estimate for a typical home rather than an appraisal.
Each year's figure averages its twelve monthly index values. The current value is from September 2026. Other options: home appreciation calculator.
Considering a sale? Compare local agents through Realtor.com. Advertising disclosure: the site may receive payment for links such as this, but it never changes a number. Disclosure.
Housing market forecast for Springfield, Missouri
Zillow's Springfield, MO metro forecast projects +2.4% over 12 months beginning September 2026. It also projects +0.7% for the next three months. Springfield, Missouri's typical value is $243,597. Applied to that figure, the forecast would put the value near $249,400 one year later.
Zillow's central estimate for the metro is restated here. The site does not publish its own forecast. This kind of 12-month forecast has typically missed the realized change by several percentage points, either above or below it. This is not investment advice.
All metro forecasts sit together in a single table: housing market forecast.
Crash risk score for the Springfield, Missouri housing market
40 out of 100, heightened
Across the 292 cities, the score ranks Springfield, Missouri on five conditions that ran high before earlier price declines. Each input is scored from 0 to 100 compared with the other cities. The five scores are then averaged with equal weight. The score shows current conditions and does not predict a crash.
| Input | Value | Sub-score | Weight |
|---|---|---|---|
| Active listings vs 2019 | +2.9% | 50 | 20% |
| Time on the market vs 2019 | +2.0% | 45 | 20% |
| Price-to-rent ratio | 17.0 | 44 | 20% |
| Price-to-income ratio | 4.5 | 42 | 20% |
| 12-month price change | +3.1% | 19 | 20% |
This is not investment advice. How inputs get scored: methodology. Crash risk by city ranks all 292 cities.
Springfield, Missouri inventory and days on market
For September 2026 the Springfield, MO metro listed 1,710 homes for sale, down 2.3% from a year earlier and up 2.9% from the same month in 2019. Listings sold in a median of 52 days, up 2.0% against 2019, while 20.2% received a price cut.
| Springfield, MO metro, September 2026 | Value | On a year |
|---|---|---|
| Active listings | 1,710 | −2.3% |
| New listings | 726 | |
| Median days on market | 52 | +1.0% |
| Median list price | $347,268 | +6.5% |
| Share with a price cut | 20.2% |
Metro inventory data from Realtor.com® Economic Research. Realtor.com data. View days on market by city for every metro.
Living costs in Springfield, Missouri
By the Zillow Observed Rent Index, a typical asking rent in Springfield, Missouri runs $1,192 a month, +6.0% on the year. The typical home's price works out to 17.0 years of the rent. At a median household income of $54,414 (Census ACS 2024), a typical home costs 4.5 times what a household earns in a year. BEA gives the metro a price index of 88.6 compared with the US average of 100, and a housing cost index of 65.6.
Learn about Springfield, Missouri rent and prices, and the salary required to make the move, with the cost of living details.
More housing markets in Missouri
- Kansas City $250,185
- $181,157 for St. Louis.
- Columbia, Missouri $321,671
- For Independence: $210,944.
- For Branson: $245,493.
Across the state: Missouri housing market.
How to read this chart
The Zillow Home Value Index for Springfield, Missouri shows a typical home's value at each point. It covers the market's middle third, uses smoothing and seasonal adjustment, and gives values in dollars for the month. The hollow dot identifies the month selected on the slider, while the terracotta dot marks the latest month. These numbers ignore inflation, and an index tracks a typical home rather than one particular house. Use the card above or the home appreciation calculator to value a single home from its own sale price.