Local Market0 views · 1 answer
How competitive is the Springfield housing market?
P
Primpted Housing Analyst
Updated monthly · Data through September 2026 · v269
- Sold Score
- 73/100
- YoY Good Chance of Selling
- Pending ratio
- 0.74
- YoY contracts vs active
- Inventory YoY
- +0.3%
- YoY active listings
- Median DOM
- 39
- YoY days on market
- Price cuts
- 47.4%
- YoY of active listings
Springfield is competitive as of September 2026, with a Sold Score of 73/100 (Good Chance of Selling).
**Pending ratio** is 0.74 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +33.3% — 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 47.4% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (September 2026): Sold Score: 73/100 (Good Chance of Selling) · Pending ratio: 0.74 · Inventory YoY: +33.3% · Median days on market: 39 · Sellers cutting price: 47.4% · Median listing price: $377,450 (+2.0% YoY)
Springfield snapshot
As of the latest 2026 data- Median listing
- $377K
- YoY +0.0%
- Active inventory
- 641
- YoY +0.3%
- Median DOM
- 39
- YoY +0.2%
- Pending ratio
- 0.74
- YoY +0.5%
- Price-reduced
- 19.7%
- YoY -0.0%