YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Roughly $15 million worth of high-end residences were listed in Springfield during October, according to data pulled from the Southern Missouri Regional MLS.
For the monthly editorial series Curb Appeal, Springfield Business Journal compiled a list of 23 single-family homes within city limits that were listed last month with asking prices of $500,000 or more. That compares with 34 in September and 32 in August.
The highest-priced home of the month, at 6148 S. Hampton Ave., has a listing price of $995,000. The four-bedroom, four-bathroom home, with nearly 4,500 square feet, is newly constructed in the Anthony Park housing development in south Springfield.
The latest Greatest Springfield Board of Realtors data shows an average October sale price of $302,202, up from $294,934 in the same month last year. The same number of units sold, at 502, in GSBOR's service area.
Statewide, the latest data from the Missouri Relators industry group points to a $315,339 average sale price in September, a 3.2% increase year over year. Realtors sold 6,114 residential properties in September, a 0.4% increase from the same month in 2023.
A wave of affordable housing built in the 1990s through the federal Low-Income Housing Tax Credit are expected to revert to market rate housing in the next few years.
