Why Live in Lake Springfield
Lake Springfield offers a balanced lifestyle with abundant shopping and dining to the north and its namesake lake to the south. The neighborhood features peaceful subdivisions with mature trees and hilly terrain, predominantly showcasing ranch-style homes from the 1960s and 1970s, many with attached garages and three to four bedrooms. The area includes Lakewood Village and Spring Creek Property Owner's Associations, which offer clubhouses with outdoor pools and tennis courts. The lake, built in the 1950s, remains a popular spot for kayaking, fishing, and lakeside hikes, despite the EPA's advisory on fish consumption due to PCBs. The park around the lake includes an 18-hole disc golf course and trails where deer, turkey, and eagles can be spotted. For shopping and dining, residents frequent East Republic Road and Glenstone Avenue, home to local businesses, cafes, and fine-dining establishments like Char Steakhouse and Oyster Bar. Nightlife options include Georgia Macs, known for live music and sports viewing. The neighborhood is served by highly rated schools, including Walt Disney Elementary, Cherokee Middle, and Kickapoo High. Lake Springfield is safer than the national average and is conveniently located near U.S. routes 60 and 65, making it about an 8-mile drive to Downtown Springfield.
Frequently Asked Questions
Is Lake Springfield a good place to live?
Lake Springfield is a good place to live. Lake Springfield is considered very car-dependent and somewhat bikeable. Lake Springfield is a suburban neighborhood. Lake Springfield has 5 parks for recreational activities. It is sparse in population with 2.8 people per acre and a median age of 46. The average household income is $103,474 which is above the national average. College graduates make up 47% of residents. A majority of residents in Lake Springfield are home owners, with 34.4% of residents renting and 65.6% of residents owning their home. A
local real estate agent serving Lake Springfield can help you decide if this neighborhood is the right one for you. Learn more on our
Lake Springfield neighborhood guide.
How much do you need to make to afford a house in Lake Springfield?
The median home price in Lake Springfield is $349,000. If you put a 20% down payment of $69,800 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,810 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $78K a year to afford the median home price in Lake Springfield. The average household income in Lake Springfield is $103K.
What are the best public schools in Lake Springfield?
The best public schools that serve Lake Springfield are:
What are the best private schools in Lake Springfield?
The best private schools that serve Lake Springfield are:
What are the most popular zip codes in Lake Springfield, Springfield, MO?
What are the most popular neighborhoods near Lake Springfield, Springfield, MO?
Home Trends in Lake Springfield, MO
On average, homes in Lake Springfield, Springfield sell after 67 days on the market compared to the national average of 70 days. The median sale price for homes in Lake Springfield, Springfield over the last 12 months is $375,000, down 9% from the median home sale price over the previous 12 months.
Median Sale Price
$375,000
Median Single Family Sale Price
$349,000
Median Townhouse Sale Price
$375,000
Median 2 Bedroom Sale Price
$194,700
Median 1 Bedroom Sale Price
$252,750
Average Price Per Sq Ft
$250
Number of Homes for Sale
8
Last 12 months Home Sales
64
Median List Price
$349,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-9%
