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These days, finding an affordable place to live in the Springhill area can be challenging. Home prices in Springhill are now at a median cost of $293,400, higher than the Missouri average of $246,641.
The average cost of rent is $576/mo in Springhill, primarily driven by the current value of real estate in the Springhill area. In Springhill, 15.79% of households rent, and 37.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Springhill is $7,929 per month. Households that rent pay about 7.26% of their income on rent here. Springhill’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sampsel, MO: less expensive homes
- Sturges, MO: less expensive homes
- Lock Springs, MO: less expensive homes
- Chillicothe, MO: less expensive homes
- Hickory Creek, MO: less expensive homes
- Farmersville, MO: less expensive homes
- Utica, MO: less expensive homes
- Chula, MO: less expensive homes
- Jamesport, MO: less expensive homes
- Mooresville, MO: less expensive homes
Cities with Similar Populations
- Loretto, NE: equally priced homes
- Lincoln, IN: less expensive homes
- Linden, FL: equally priced homes
- Linwood, NE: less expensive homes
- Little Italy, AR: less expensive homes
- Little Lake, MI: less expensive homes
- Lively, WV: less expensive homes
- Lockhart, MS: less expensive homes
- Long Eddy, NY: less expensive homes
- Longview, WV: less expensive homes
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