What is the housing market like in Lake Springfield today?
In October 2024, Lake Springfield home prices were up 25.7% compared to last year, selling for a median price of $465K. On average, homes in Lake Springfield sell after 7 days on the market compared to 13 days last year. There were 13 homes sold in October this year, down from 19 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$465,000
+25.7% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Lake Springfield, MO
$465,000
+25.7%
United States
To compare other locations to the Lake Springfield and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Springfield add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Lake Springfield housing market?
Learn what it takes to have a winning offer
All Home Types
Homes Sold Above List PriceAll Home Types
Homes Sold Above List Price
(All Home Types)
0.0%
0.0 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Lake Springfield, MO
0.0%
0.0 pt
United States
View houses in Lake Springfield that sold recently
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Lake Springfield housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lake Springfield.
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lake Springfield has a minor risk of flooding. 111 properties in Lake Springfield are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Lake Springfield. Flood risk is increasing slower than the national average.
79% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lake Springfield has a moderate risk of wildfire. There are 1,256 properties in Lake Springfield that have some risk of being affected by wildfire over the next 30 years. This represents 79% of all properties in Lake Springfield.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Lake Springfield has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Lake Springfield is most at risk from hurricanes. 1,577 properties in Lake Springfield have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 47 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 51 mph.
96% of properties are at major
risk of heat over the next 30 years
Heat Factor
Lake Springfield has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 96% of homes in Lake Springfield have a Major Heat Factor®.
Lake Springfield is expected to see a 185% increase in the number of days over 104ºF over the next 30 years. Lake Springfield is expected to experience 8