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
- 64/100
- YoY Good Chance of Selling
- Pending ratio
- 0.62
- YoY contracts vs active
- Inventory YoY
- +0.0%
- YoY active listings
- Median DOM
- 44
- YoY days on market
- Price cuts
- 34.4%
- YoY of active listings
Springfield is competitive as of May 2026, with a Sold Score of 64/100 (Good Chance of Selling).
**Pending ratio** is 0.62 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +1.8% — more choices for buyers than a year ago.
**Median days on market** is 44. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 34.4% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (May 2026): Sold Score: 64/100 (Good Chance of Selling) · Pending ratio: 0.62 · Inventory YoY: +1.8% · Median days on market: 44 · Sellers cutting price: 34.4% · Median listing price: $335,000 (-1.5% YoY)
Springfield snapshot
As of the latest 2026 data- Median listing
- $335K
- YoY -0.0%
- Active inventory
- 1,700
- YoY +0.0%
- Median DOM
- 44
- YoY -0.0%
- Pending ratio
- 0.58
- YoY -0.0%
- Price-reduced
- 17.2%
- YoY -0.0%