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Springfield city, MO

ZIP 65806 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Low Income AreaLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 65806

Median Home Value
$85,700
Median Rent
$685
Affordability Snapshot
$24,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$551/mo PITI).

29%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.0x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

10.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 65806 in Springfield city, MO, a household would need roughly $24,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $551. That sits below the local median household income ($28,450), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
12.4%-81% vs US avg
x
Vacancy Rate
8.1%-21% vs US avg
x
Broadband Access
69.6%-20% vs US avg
x
4+ Bedrooms
0.7%-95% vs US avg
x
Built Pre-1939
6.8%-47% vs US avg
x
Built Post-2014
0.3%-95% vs US avg
x
Rent Burden >30%
31.3%-37% vs US avg
x
Mortgage-Free
48.0%+26% vs US avg
x
$85,700
Home Value
$685
Rent
1971
Year Built
2019
Moved In

Residents have lived here since ~2019 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached32.7%
  • 1-unit attached1.6%
  • 2-9 units16.4%
  • 10+ units48.7%
  • Mobile home & other0.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$85,700
Median rent$685
Owner-occupied12.4%
Vacant8.1%
Price-to-income3.0x
Est. income to buy$24,000