Home prices
The value of the median home in Springfield is $118,100. It is approximately $63,350 (34%) lower in comparison to other places in this area.It is about $99,400 (45%) lower compared to the nation as a whole.
Rents
In Springfield the median monthly rent is $744. It is approximately $68 (8%) lower compared to its nearby areas.In comparison to the rest of the country it is about $318 (29%) lower.
Nearby places
Republic
Republic is Springfield's neighbor to the southwest. Real estate prices there are somewhat more expensive. The cost of the median home in Republic is $131,000, which works out to $12,900 (9%) higher than Springfield. Rents there are somewhat more expensive. In Republic the median monthly rent is $853, which is $109 (12%) higher than Springfield.
Willard
Willard is Springfield's neighbor to the northwest. Its real estate prices are somewhat more expensive. The median home in Willard is valued at $139,400, which works out to $21,300 (15%) higher than Springfield. Rent there is a bit more expensive. The median rent in Willard is $834 per month, which is $90 (10%) higher than Springfield.
Battlefield
Battlefield is approximately 6 miles southwest from Springfield. The housing prices there are a little more expensive. The median home cost in Battlefield is $157,600, which comes out to $39,500 (25%) higher than Springfield. Its rents are fairly similar. The median monthly rent in Battlefield is $773, which comes out to $29 (3%) higher than Springfield.
Fremont Hills
Fremont Hills is roughly 9 miles south of Springfield. Housing prices there are substantially more expensive. The cost of the median home in Fremont Hills is $370,500, which is $252,400 (68%) higher than Springfield. Rents there are fairly similar. Fremont Hills's median rent is $750 per month, which is very similar to Springfield.
Strafford
Strafford is about 9 miles northeast from Springfield. The real estate prices there are a bit more expensive. Strafford's median home price is $129,600, which works out to $11,500 (8%) higher than Springfield. The rent there is a bit more expensive. In Strafford the median rent is $830 a month, which is $86 (10%) higher than Springfield.
Nixa
Nixa is roughly 10 miles south from Springfield. Its real estate prices are a little more expensive. The median home in Nixa costs $160,600, which works out to $42,500 (26%) higher than Springfield. Its rents are somewhat more expensive. In Nixa the median monthly rent is $834, which works out to $90 (10%) higher than Springfield.