The short answer: In Missouri, a home is assessed at 19% of its market value. Your tax bill is that assessed value times your district’s total levy, divided by 100. For a home inside Springfield city limits in the Springfield R-12 school district, the 2025 total levy was 4.9820. On a $250,000 home, that works out to about $2,366 a year.
Property taxes can catch buyers off guard, especially if you’re moving from another state. Here’s how the math actually works in Springfield.
The formula
- Market value: the Greene County Assessor sets your home’s market value.
- Assessed value: market value × 19% (Missouri’s rate for residential property).
- Tax: assessed value × your total levy ÷ 100.
A real Springfield example
| Market value | $250,000 |
| Assessed value (19%) | $47,500 |
| 2025 total levy, Springfield city / R-12 | 4.9820 per $100 |
| Estimated annual tax | $2,366 |
| Per month | About $197 |
Where the money goes
That 4.9820 levy is the total of several taxing districts. In 2025, the biggest piece was Springfield R-12 Schools at 3.7036, followed by the City of Springfield at 0.5636. The rest is split among the library, Ozarks Technical Community College, county general revenue, roads, developmental disability programs, senior citizens’ services and the state.
Outside city limits, or in another school district, county or fire district, your levy will be different. Homes in Nixa, Ozark and other Christian County towns are taxed by Christian County, not Greene County.
Reassessment happens every two years
Greene County reassesses real estate every two years, with new values placed on the tax rolls as of January 1 of each odd-numbered year. If your value changes, you’ll get a Value Change Notice in the mail.
Your bill can also change in a year when your value doesn’t, because taxing districts can change their levies.
How to appeal your assessed value
- Informal review: call the Greene County Assessor’s appraisal staff during the dates listed on your Value Change Notice.
- Board of Equalization: if you still disagree, schedule an appeal through the Greene County Clerk’s Office.
- State Tax Commission: the final step is an appeal to the Missouri State Tax Commission.
Recent sales of similar homes are the strongest evidence in an appeal. We’re happy to pull comparable sales for you.
What buyers should know
- The tax shown on a listing is the seller’s current bill. After you buy, the assessor may revalue the home at the next reassessment.
- If you have a mortgage, your lender will usually collect taxes monthly in an escrow account and pay the bill for you.
- Missouri property tax bills cover the current calendar year and are due by December 31.
Want to see how taxes change your monthly payment? Plug your estimate into our Springfield mortgage calculator, or book a call with us and we’ll run the numbers on any home you’re considering.
Frequently asked questions
What percentage is residential property assessed at in Missouri?
Residential real estate in Missouri is assessed at 19% of its market value.
What is the property tax rate in Springfield, MO?
For a home inside Springfield city limits in the Springfield R-12 school district, the 2025 total levy was 4.9820 per $100 of assessed value. Because homes are assessed at 19%, that’s roughly 0.95% of market value per year.
How often are homes reassessed in Greene County?
Every two years. New values take effect January 1 of each odd-numbered year.
Sources: Greene County Collector levy table (2025 tax year) and Greene County Assessor value change information at greenecountymo.gov. Your exact levy depends on the districts your property is in. Confirm your bill with the Greene County Collector. This article is general information, not tax advice.