Local Market0 views · 1 answer
How competitive is the Springfield housing market?
P
Primpted Housing Analyst
Updated monthly · Data through August 2026 · v268
- Sold Score
- 74/100
- YoY Good Chance of Selling
- Pending ratio
- 1.04
- YoY contracts vs active
- Inventory YoY
- +0.2%
- YoY active listings
- Median DOM
- 39
- YoY days on market
- Price cuts
- 50.0%
- YoY of active listings
Springfield is competitive as of August 2026, with a Sold Score of 74/100 (Good Chance of Selling).
**Pending ratio** is 1.04 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +16.0% — more choices for buyers than a year ago.
**Median days on market** is 39. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 50.0% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (August 2026): Sold Score: 74/100 (Good Chance of Selling) · Pending ratio: 1.04 · Inventory YoY: +16.0% · Median days on market: 39 · Sellers cutting price: 50.0% · Median listing price: $379,900 (+7.0% YoY)
Springfield snapshot
As of the latest 2026 data- Median listing
- $380K
- YoY +0.1%
- Active inventory
- 552
- YoY +0.2%
- Median DOM
- 39
- YoY +0.3%
- Pending ratio
- 1.04
- YoY +0.8%
- Price-reduced
- 17.8%
- YoY +0.0%