Home Insurance in Springfield, Missouri
The median home value in Springfield is $177,700, 20% lower than the Greene County median.
The typical home in Springfield was built around 1975. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 29% of homes were built before 1960, about 8 points above Greene County's 21%.
In Springfield, the housing stock is 62% single-family homes, 29% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
About 60% of owner-occupied homes in Springfield have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
About 44% of occupied homes in Springfield are owner-occupied. The vacancy rate is 7%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
Most homes in Springfield - 54% - are primarily heated with natural gas.
What's the biggest home insurance risk near Springfield? FEMA's National Risk Index points to winter weather (Very High) in Greene County and Greene County had 223 active NFIP flood policies as of September 2026. See the full Greene County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Missouri is $1,589 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $177,700 |
|---|---|
| Median year built | 1975 |
| Owner-occupied share | 44% |
| Share of owner-occupied homes with a mortgage | 60% |
| Top county hazard | Winter Weather (Very High) |
| Active NFIP policies in Greene County | 223 |
| Home insurance premium | $1,589 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)