Market Overview
Home Prices in Long Lane, MO
The median home value in Long Lane, MO is $290,174 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.1% compared to a year ago and up 1.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Long Lane are priced29% below average. Long Lane is part of the Springfield, MO metro area.
Over the past five years, Long Lane home values have risen by approximately44.7%, reflecting strong long-term appreciation in this market.
Price History
Long Lane Home Price Trend
City Comparison
Long Lane vs. National Median
At $290,174, homes in Long Lane cost 29% below the national median of $410,000. This makes Long Lane a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Long Lane?
20% Down Payment
$58,035
on $290,174
Monthly P&I
$1,513/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,922/mo
incl. taxes & insurance
Income Needed
$76,880
gross annual (30% rule)
10% Down Option
$29,017
+ PMI applies
Loan Amount (20% dn)
$232,139
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Long Lane, MO?
The median home value in Long Lane is $290,174 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.1% year-over-year.
How much have home prices changed in Long Lane?
Over the past year, home values in Long Lane have increased by 8.1%. Over five years, prices have risen approximately 44.7%.
How much do I need to earn to buy a home in Long Lane?
To comfortably afford the median home price of $290,174 with a 20% down payment ($58,035) at today's rates (6.8%), you'd need a gross annual income of approximately $76,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Long Lane compare to the national average home price?
The national median home value is approximately $410,000. At $290,174, homes in Long Lane are 29% below the national average.
What metro area is Long Lane part of?
Long Lane is part of the Springfield, MO metropolitan area. Home prices and market conditions can vary across the broader metro region.