Local Market0 views · 1 answer
How competitive is the Springfield housing market?
P
Primpted Housing Analyst
Updated monthly · Data through May 2026 · v265
- Sold Score
- 83/100
- YoY Excellent Chance of Selling
- Pending ratio
- 1.68
- YoY contracts vs active
- Inventory YoY
- +0.0%
- YoY active listings
- Median DOM
- 32
- YoY days on market
- Price cuts
- 39.8%
- YoY of active listings
Springfield is competitive as of May 2026, with a Sold Score of 83/100 (Excellent Chance of Selling).
**Pending ratio** is 1.68 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +3.1% — more choices for buyers than a year ago.
**Median days on market** is 32. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 39.8% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (May 2026): Sold Score: 83/100 (Excellent Chance of Selling) · Pending ratio: 1.68 · Inventory YoY: +3.1% · Median days on market: 32 · Sellers cutting price: 39.8% · Median listing price: $247,425 (+5.3% YoY)
Springfield snapshot
As of the latest 2026 data- Median listing
- $247K
- YoY +0.1%
- Active inventory
- 235
- YoY +0.1%
- Median DOM
- 32
- YoY -0.1%
- Pending ratio
- 1.33
- YoY -0.2%
- Price-reduced
- 13.7%
- YoY +0.0%