Home Values

Springfield Metro Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$109,400

  • 0.5% 1-year change
  • 2.9% 1-year forecast

The median home value in Springfield Metro is $109,400. Springfield Metro home values have gone up 0.5% over the past year and Zillow predicts they will rise 2.9% within the next year. The median price of homes currently listed in Springfield Metro is $126,900. The median rent price in Springfield Metro is $550, which is lower than the Missouri median of $795.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Springfield Metro is 2.3%, which is lower than the national value of 6.4%.

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Relative ZHVI
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Springfield Metro Market Overview

Data through Dec 31, 2014
  • $109,400 ZHVI
  • 2.9% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Dec 31, 2015)
  • $126,900 Median listing price
  • No data Median sale price
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Springfield Metro Market Health

Data through Dec 31, 2014
  • 5.1/10 Stable
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • 107 Average days on Zillow (Nov 30, 2014)
  • No data Homes with negative equity (16.9% US Avg)
  • 2.3% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Metro Areas

Name Median ZHVI
Columbia Metro $146,400
Fayetteville Metro $141,600
Kansas City Metro $138,000
Name Median ZHVI
Mountain Home Metro $107,400
Joplin Metro $93,300
 

Listings & Sales

Data through Dec 31, 2014
  • $77 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 12.5% Listings with price cut
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Springfield Metro Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $806 Springfield Metro
    $1,061 Missouri
    $1,345 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $550 Rent list price
  • $0.59 Rent list price / sq ft
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