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Springfield, MO
Springfield ranked well on a newly released list of the best housing markets for first-time homebuyers.
The Queen City is No. 23 on financial data tracking firm SmartAsset's list of 185 metro areas, based on affordability, growth potential and competition.
Springfield's individual metrics comprise a median sale price of $249,967, per Zillow data in May and June, a median of seven days on the market before going under contract and a one-year growth forecast of 8.4%. The growth forecast is based on Zillow home value estimates.
The only other Missouri city in the top 25 is St. Joseph, which ranked No. 4. Three Texas cities – Killeen, Wichita Falls and McAllen – took the top three spots.
This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.
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