Explore Similar Townhomes Within 25 Miles of Springfield, MO

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Why Live in Springfield

Springfield's Wonders of Wildlife National Museum & Aquarium stands as a world-renowned attraction where visitors spend full days exploring extensive wildlife exhibits. The city features America's only ride-through cave at Fantastic Caverns, plus the flagship Bass Pro Shops Outdoor World headquarters. Nature lovers frequent the Springfield Conservation Nature Center's Ozark trails and Nathanael Greene Park's botanical gardens, including the serene Mizumoto Japanese Stroll Garden. The downtown area buzzes with local restaurants like Gailey's Breakfast Cafe, established in 1942, and Black Sheep Burgers and Shakes' gourmet creations.

The housing market presents diverse options across price points. The median sale price in Springfield is $195,000, with single-family homes available from $315,000. One-bedroom condos have a median price of $205,000, while two-bedroom condos typically sell for $177,500. Premium neighborhoods like Brentwood command higher prices, with single-family homes showing a median of $379,900. Phelps Grove homes have a median price of $352,500, while University Heights properties typically sell for $290,000.

Springfield's cost of living sits 12.1% below the national average. A family with school-age children needs approximately $93,000 annually to live comfortably, while renters require about $45,000. Property taxes remain competitive at 0.72%, lower than nearby Joplin at 0.74%. The public school system includes highly rated institutions like Wilson's Creek Intermediate School and Central High School, plus private options such as Greenwood Laboratory School. Major employers include CoxHealth, Mercy Hospital, and Bass Pro Shops headquarters, supporting a robust job market in healthcare and retail sectors.

Home Trends in Springfield, MO

Housing Trends

Median Sale Price
$127,900
Median Single Family Sale Price
$289,900
Median Townhouse Sale Price
$195,000
Median 2 Bedroom Sale Price
$313,250
Median 1 Bedroom Sale Price
$199,995
Average Price Per Sq Ft
$174
Number of Homes for Sale
724
Last 12 months Home Sales
2,951
Months of Supply
2.90
Median List Price
$295,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
39%
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