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
- 79/100
- YoY Good Chance of Selling
- Pending ratio
- 1.38
- YoY contracts vs active
- Inventory YoY
- +0.1%
- YoY active listings
- Median DOM
- 25
- YoY days on market
- Price cuts
- 35.6%
- YoY of active listings
Springfield is competitive as of May 2026, with a Sold Score of 79/100 (Good Chance of Selling).
**Pending ratio** is 1.38 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +12.4% — more choices for buyers than a year ago.
**Median days on market** is 25. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 35.6% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (May 2026): Sold Score: 79/100 (Good Chance of Selling) · Pending ratio: 1.38 · Inventory YoY: +12.4% · Median days on market: 25 · Sellers cutting price: 35.6% · Median listing price: $379,900 (+1.7% YoY)
Springfield snapshot
As of the latest 2026 data- Median listing
- $380K
- YoY +0.0%
- Active inventory
- 508
- YoY +0.2%
- Median DOM
- 33
- YoY +0.4%
- Pending ratio
- 1.21
- YoY +0.9%
- Price-reduced
- 11.3%
- YoY -0.0%