Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Phelps area can be challenging. Home prices in Phelps are now at a median cost of $138,100, lower than the Springfield average of $156,426.
The average cost of rent is $860/mo in Phelps, primarily driven by the current value of real estate in the Phelps area. While nearly 58.30% of residents own their homes outright in Phelps, 65.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in Phelps is $3,481 per month. Households that rent pay about 24.71% of their income on rent here. Phelps's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the neighborhood.
Nearby Neighborhoods
- Rountree, Springfield, MO: higher priced homes
- Downtown Springfield, Springfield, MO: less expensive homes
- West Central, Springfield, MO: less expensive homes
- Seminole Holland, Springfield, MO: less expensive homes
- Fassnight, Springfield, MO: less expensive homes
- Midtown Springfield, Springfield, MO: higher priced homes
- Meador Park, Springfield, MO: less expensive homes
- Bingham, Springfield, MO: less expensive homes
- Weller, Springfield, MO: less expensive homes
- Grant Beach, Springfield, MO: less expensive homes
Neighborhoods with Similar Populations
- Las Vistas, Tucson, AZ: less expensive homes
- Sheraden, Pittsburgh, PA: less expensive homes
- Saint Claire-Superior, Cleveland, OH: less expensive homes
- Pulaski Park, Hammond, IN: less expensive homes
- Plymouth Village, Redlands, CA: higher priced homes
- North, Helena, MT: higher priced homes
- Nassau Shores, East Massapequa, NY: higher priced homes
- Midtown Phillips, Minneapolis, MN: higher priced homes
- McGirts Creek, Jacksonville, FL: higher priced homes
- Marriott's Griffin Gate Golf Culb, Lexington, KY: less expensive homes
All Local Stats
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