Republic, MO housing market
Typical home value
$270K
▲ 2.8% 1 yr
Typical rent
$1,393/mo
▼ 0.3% 1 yr
Gross rent yield
6.2%
U.S. 6.3%
5-year home value change
+25%
U.S. +20%
Key takeaways
- 1The typical home in Republic is worth $269,759, up 2.8% over the past year and up 25% over five years.
- 2Typical rent is $1,393 a month (−0.3% YoY), a gross rent yield of 6.2% (above the Springfield, MO metro's 5.5%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $1,482/mo, $89 more than typical rent.
- 4Zillow forecasts the Springfield, MO metro's home values to change +2.4% over the next 12 months.
Market temperature (Springfield, MO metro)
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 40/100, #271 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Republic compares
| Measure | Republic | Springfield, MO metro | United States |
|---|---|---|---|
| Typical home value | $269,759 | $270,546 | $366,157 |
| Home value, 1-yr change | +2.8% | +3.2% | +1.2% |
| Typical rent | $1,393 | $1,251 | $1,932 |
| Rent, 1-yr change | −0.3% | +5.5% | +2.7% |
| Gross rent yield | 6.2% | 5.5% | 6.3% |
| Price-to-rent ratio | 16.1 | 18.0 | 15.8 |
| Mortgage P&I, typical home | $1,482 | $1,487 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Republic rental, pre-filled.
Rent vs buy in Republic
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $270K home.
Other cities in the Springfield, MO metro
Springfield, MO
$244K home$1,192 rent
▲ 3.1% 1 yr
Ozark, MO
$322K home$1,566 rent
▲ 2.1% 1 yr
Nixa, MO
$324K home$1,582 rent
▲ 2.6% 1 yr
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.