Springfield, OH
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's accelerated Springfield market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Springfield, OH.
The Springfield, OH housing market is currently exhibiting an Accelerated condition, driven by a pending ratio of 0.76. This indicates robust demand absorption relative to available inventory. The median listing price has increased 1.5% month-over-month, although it remains down 2.2% year-over-year.
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
Unemployment rate · Jul 2026
Shows whether local employment conditions are supporting buyer demand.
U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).
Population & Migration
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
Building permits (private housing units) · Jul 2026
Shows whether future inventory pressure may increase.
U.S. Census Bureau building permits via FRED (St. Louis Fed).
What's moving the Springfield market right now.
Active listings have experienced a modest contraction of 2.8% year-over-year, while new listings have remained flat over the same period. The median days on market have extended by 15.0% year-over-year, reaching 46 days. Concurrently, the median price per square foot has seen a notable increase of 5.2% year-over-year, contrasting with a slight year-over-year decline in the overall median listing price.
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
With a pending ratio of 0.76, the market demonstrates significant demand absorbing inventory at an accelerated pace. This environment suggests that properties are moving quickly, leading to diminished inventory pressure. As such, sellers may maintain stronger price discipline, while buyers should anticipate a more competitive landscape with less time for protracted negotiations.
The average listing price has declined 2.8% year-over-year, while the median listing price has also declined 2.2% year-over-year. This suggests no distinct softening trend within the luxury segment relative to the broader market dynamics.
248 active listings represent the current floor, with new supply arriving at roughly 156 per month.
of active listings carry a price reduction, -1.4% from prior period.
Median price per square foot has moved +5.2% year-over-year.
Pending-to-active ratio — Accelerated.
Recommended For This Market
AcceleratedSelling in Springfield, OH? Homes here are taking 6 days longer to sell than last year.
Demand in Springfield, OH is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.
- Buyer Demand Index
- 76%
- Median Days on Market
- 46 days
- Inventory YoY
- −3%
Demand is strong in Springfield, OH. Check your Sold Score before you price — conditions this favorable don't hold forever.
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Metro Demographics
ZIPs in Springfield, OH
45503
springfield
$205K
69 active · 51 DOM
45505
springfield
$165K
51 active · 46 DOM
45504
springfield
$215K
33 active · 50 DOM
45502
springfield
$355K
32 active · 37 DOM
45506
springfield
$130K
17 active · 33 DOM
Sorted by active inventory · click a ZIP for its full report