Cities with the most expensive homes in the Springfield metro area

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

compiled a list of cities with the most expensive homes in the Springfield metro area using data from . Charts show the monthly typical home value since January 2018. Data was available for 37 cities and towns.

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#30. Bolivar, MO

- Typical home value: $258,250
- 1-year price change: +1.1%
- 5-year price change: +33.7%

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#29. Seymour, MO

- Typical home value: $258,354
- 1-year price change: +8.0%
- 5-year price change: +40.8%

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#28. Marshfield, MO

- Typical home value: $260,119
- 1-year price change: +4.5%
- 5-year price change: +27.8%

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#27. Niangua, MO

- Typical home value: $263,894
- 1-year price change: +9.7%
- 5-year price change: +33.1%

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#26. Ash Grove, MO

- Typical home value: $264,356
- 1-year price change: +3.9%
- 5-year price change: +32.3%

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#25. Sparta, MO

- Typical home value: $264,760
- 1-year price change: +2.9%
- 5-year price change: +37.7%

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#24. Conway, MO

- Typical home value: $265,257
- 1-year price change: +7.0%
- 5-year price change: +34.3%

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#23. Republic, MO

- Typical home value: $270,014
- 1-year price change: +2.6%
- 5-year price change: +25.5%

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#22. Fair Play, MO

- Typical home value: $273,245
- 1-year price change: +6.2%
- 5-year price change: +41.3%

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#21. Willard, MO

- Typical home value: $273,518
- 1-year price change: +2.5%
- 5-year price change: +28.9%

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#20. Clever, MO

- Typical home value: $274,636
- 1-year price change: +3.9%
- 5-year price change: +37.5%

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#19. Pleasant Hope, MO

- Typical home value: $281,429
- 1-year price change: +4.1%
- 5-year price change: +32.3%

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#18. Fordland, MO

- Typical home value: $282,967
- 1-year price change: +7.2%
- 5-year price change: +29.7%

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#17. Long Lane, MO

- Typical home value: $283,686
- 1-year price change: +8.9%
- 5-year price change: +44.1%

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#16. Elkland, MO

- Typical home value: $287,564
- 1-year price change: +8.1%
- 5-year price change: +36.1%

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#15. Brighton, MO

- Typical home value: $296,516
- 1-year price change: +3.6%
- 5-year price change: +32.2%

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#14. Morrisville, MO

- Typical home value: $300,139
- 1-year price change: +2.7%
- 5-year price change: +33.4%

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#13. Battlefield, MO

- Typical home value: $306,986
- 1-year price change: +4.1%
- 5-year price change: +31.3%

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#12. Walnut Grove, MO

- Typical home value: $311,641
- 1-year price change: +6.4%
- 5-year price change: +38.4%

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#11. Strafford, MO

- Typical home value: $312,181
- 1-year price change: +4.5%
- 5-year price change: +29.7%

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#10. Chadwick, MO

- Typical home value: $313,923
- 1-year price change: +9.7%
- 5-year price change: data not available

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#9. Ozark, MO

- Typical home value: $320,956
- 1-year price change: +1.9%
- 5-year price change: +26.8%

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#8. Nixa, MO

- Typical home value: $324,067
- 1-year price change: +2.4%
- 5-year price change: +25.9%

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#7. Rogersville, MO

- Typical home value: $332,358
- 1-year price change: +4.8%
- 5-year price change: +29.6%

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#6. Spokane, MO

- Typical home value: $332,703
- 1-year price change: +6.4%
- 5-year price change: +45.7%

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#5. Billings, MO

- Typical home value: $332,888
- 1-year price change: +4.9%
- 5-year price change: +45.0%

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#4. Highlandville, MO

- Typical home value: $343,703
- 1-year price change: +7.3%
- 5-year price change: +41.8%

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#3. Dunnegan, MO

- Typical home value: $346,398
- 1-year price change: -1.4%
- 5-year price change: +23.5%

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#2. Bois D Arc, MO

- Typical home value: $371,085
- 1-year price change: +7.2%
- 5-year price change: +38.8%

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#1. Fremont Hills, MO

- Typical home value: $542,442
- 1-year price change: +0.4%
- 5-year price change: +29.3%

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