Market Intelligence Report — MO-180

Springfield, MO

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-MO-09
As of the latest 2026 data
Stabilizing

Median Listing

$347K
+6.5% YoY

Pending Ratio

0.47
+0.1% YoY

Active Inventory

1,710
-2.3% YoY

Median DOM

52 Days
+1.0% YoY

Primary Intelligence Tool — Sold Score™

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The Springfield, MO market is currently stabilizing, with a pending ratio of 0.47, indicating a relatively even absorption of available inventory. The median listing price has increased 6.5% over the past year, while active listings experienced a slight contraction of 2.3% over the same period.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

3.1%-0.2 pp YoY

Unemployment rate · Sep 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

500,694+0.9% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Springfield market right now.

The market is showing signs of stability. Active listings saw a modest year-over-year contraction of 2.3%, reaching 1,710 units. New listings also decreased by 2.7% year-over-year, suggesting a slight moderation in new supply entering the market. Median listing prices have continued an upward trend, posting a 6.5% increase over the past year, with a minor month-over-month decline of 0.8%.

Historical Analysis

Market Trends

Median Price

$347K-0.8% MoM

Active Inventory

1,710-2.3% YoY

Days on Market

52+1.0% YoY

Sold Score™

66+0.1% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

66
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.47, the current market dynamics suggest a balanced pace of transactions. Inventory levels, as indicated by a slight year-over-year decrease in active listings, contribute to steady price discipline. Negotiating leverage appears to be relatively even, reflecting the current absorption rate of available properties.

Luxury Segment

The average listing price increased by 7.2% year-over-year, slightly outpacing the 6.5% increase in the median listing price. This indicates some resilience within higher-priced segments, though the overall median price per square foot saw a more modest 2.9% year-over-year gain.

Supply Dynamics

1,710 active listings represent the current floor, with new supply arriving at roughly 726 per month.

Pricing Pressure
20.2%

of active listings carry a price reduction, -1.0% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.9% year-over-year.

Absorption
0.47

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Springfield, MO? Buyer Demand Index is running at 47%.

Springfield, MO is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
47%
Median Days on Market
52 days
Inventory YoY
−2%

Springfield, MO is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Springfield, MO
CBSA Code
44180
State
MO

ZIPs in Springfield, MO

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