Springfield, MO home prices
Typical home $270,546 · +3.2% in a year · income needed $75,100
The Springfield, MO metro area ranks 390 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +3.2% in a year and +29.3% over five years. With 20% down at 7.11%, the typical home costs about $1,751 a month including 0.71% property tax (Greene County rate).
Mortgage on the typical Springfield home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $54,109 | $216,436 | $1,456 | $0 | $295 | $1,751 | $75,100 |
| 10% down | $27,055 | $243,491 | $1,638 | $101 | $295 | $2,035 | $87,200 |
| 5% down | $13,527 | $257,018 | $1,729 | $107 | $295 | $2,131 | $91,300 |
| 3.5% down (FHA) | $9,469 | $265,645 | $1,787 | $120 | $295 | $2,202 | $94,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.71% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Springfield area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Greene County, MO | $255,838 | +3.2% | 0.71% |
| Christian County, MO | $318,549 | +2.6% | 0.7% |
| Webster County, MO | $268,140 | +5.0% | 0.52% |
| Polk County, MO | $274,050 | +2.0% | 0.55% |
| Dallas County, MO | $239,061 | +7.1% | 0.4% |
What can you afford in Missouri on your salary? · Missouri home prices · Salaries in Missouri
Frequently asked questions
How much is a house in Springfield?
The typical home in the Springfield, MO metro area is worth $270,546 (Zillow, September 2026).
What salary do you need to buy a house in Springfield?
About $75,100 a year for the typical home with 20% down at 7.11%.