The story of this market
The typical home in ZIP 65803 sells for about $197,000, or $135 per square foot.
Prices are up +2% from a year ago, so sellers still have some momentum. Homes take about 51 days to sell. HUD's fair market rent for a two-bedroom is $919 a month.
ZIP 65803 — Springfield
The 65803 housing market is showing signs of stabilization with modest price growth and increased inventory compared to the previous year. While affordability remains a challenge for some, the area's low cost of living and steady demand continue to support a healthy, balanced market environment.
This ZIP is well-suited for first-time homebuyers, budget-conscious families, and investors seeking affordable entry points into the Springfield market due to its lower price-to-income ratio.
Median prices moved up 2.0% year over year.
Homes spend a median of 51 days on market with 5.2 months of supply — a balanced-paced market.
19% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 18.0% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 65803, Greene County MO
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the 65803 area are generally higher than the national average, with property crime being the most frequently reported issue in this part of Springfield.
Schools serving the area are part of the Springfield R-XII School District, which provides a range of educational options, though performance ratings vary significantly by individual campus.
The area is subject to standard Midwestern climate risks, including severe thunderstorms and occasional tornado activity, with flood risks localized to specific low-lying areas near drainage basins.
Economic momentum is driven by the healthcare and education sectors in Springfield, with ongoing residential infill projects and commercial redevelopment occurring along the Glenstone and Kearney corridors.
Property taxes are assessed by Greene County based on market value, with the total rate determined by the sum of municipal, county, and school district levies; no specific special district surcharges are widely reported for this ZIP.
Residents typically rely on personal vehicles for commuting, with easy access to I-44 and US-65 providing efficient transit to major employment hubs in downtown Springfield and the medical mile.
The area features several local parks and green spaces, including proximity to the Dickerson Park Zoo and various community centers that offer trails and recreational programming.
The rental market is moderately tight with consistent demand from students and workforce populations, though rent growth has stabilized compared to the pandemic-era peak.
The local economy is anchored by healthcare systems like CoxHealth and Mercy, alongside a strong presence from Missouri State University and various manufacturing and logistics firms.
The area is served by a network of arterial roads including Glenstone Avenue and Kearney Street, with limited public transit coverage provided by the City Utilities bus system.
Development is focused on residential infill and the revitalization of older commercial corridors to support the city's growing population.
The Greene County Assessor maintains property valuations based on annual market analysis and physical inspections to ensure equitable tax distribution.
Parcels are primarily served by the Springfield R-XII School District and various municipal utility districts for water and sewer services.
Property insurance premiums are influenced by regional exposure to severe weather, with competitive rates available through multiple national and regional carriers.
Missouri has experienced modest net domestic migration gains, with Springfield serving as a primary destination for residents moving from rural areas and other parts of the Midwest.
Missouri is a non-judicial foreclosure state, allowing for relatively efficient processing of defaults, though current rates remain low in this market.
Sellers are required to provide a property disclosure statement detailing known material defects, though the state maintains a caveat emptor approach in many respects.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- College Station Theaters4.75.9 mi
- Urban Air Trampoline and Adventure Park4.29.2 mi
- Chuck E. Cheese410.2 mi
- Jump Mania4.211.1 mi
- 417 Escape Artist4.810.8 mi
- Ozark Empire Fairgrounds(Springfield MO)4.32.8 mi
- Alamo Drafthouse Cinema Springfield4.510.5 mi
- Golden Corral Buffet & Grill4.110.2 mi
- Great Southern Bank Arena4.56.4 mi
- Relics Antique Mall4.59.3 mi
- Wonders of Wildlife National Museum and Aquarium4.87.8 mi
- Fantastic Caverns4.73.4 mi
- Alamo Drafthouse Cinema Springfield4.510.5 mi
- Dickerson Park Zoo4.52.8 mi
- AMC Springfield 114.410.3 mi
- Wonders of Wildlife National Museum and Aquarium4.87.8 mi
- Wilson's Creek National Battlefield4.814 mi
- Finley Farms4.619.1 mi
- Discovery Center of Springfield4.55.9 mi
- Pythian Castle4.15.3 mi
- Dickerson Park Zoo4.52.8 mi
- Nathanael Greene/Close Memorial Park4.98.7 mi
- Sequiota Park4.710.6 mi
- Rutledge-Wilson Farm Park4.77.9 mi
- Phelps Grove Park4.77.3 mi
- Fellows Lake Marina4.55.4 mi
- BigShots Golf Springfield4.74.4 mi
- Getaway Golf4.79.1 mi
- Hickory Hills Country Club4.67.7 mi
- Bill & Payne Stewart Golf Course4.33.6 mi
- Deer Lake Golf Course3.67.9 mi
- Battlefield Mall4.29.3 mi
- Hy-Vee Grocery Store4.68.2 mi
- Hy-Vee Grocery Store4.59.4 mi
- Ross Dress for Less4.29.9 mi
- T.J. Maxx4.310 mi
- Springfield-Branson National Airport4.46.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major regional zoo featuring diverse animal exhibits and educational programs.
A historic park offering a swimming pool, walking trails, and community facilities.
Deterministic aggregate of 1 researched property in this ZIP (latest reading each) — each property weighs one; per point, properties lacking the value are excluded. Property-level records (taxes, scores, permits) never roll individually.
No county-record distress flags across 1 researched property on the ARED base layer. Key-figure check: median price diverges 21.3% from the nearest retained anchor (researched-property base layer) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: confirmed genuine market swing — the flagged $197,000 was independently re-read and corroborated by 2 source(s); it stands as the new anchor baseline.