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
- 69/100
- YoY Good Chance of Selling
- Pending ratio
- 0.50
- YoY contracts vs active
- Inventory YoY
- -0.0%
- YoY active listings
- Median DOM
- 51
- YoY days on market
- Price cuts
- 34.8%
- YoY of active listings
Springfield is competitive as of August 2026, with a Sold Score of 69/100 (Good Chance of Selling).
**Pending ratio** is 0.50 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is -1.8% — fewer choices for buyers than a year ago.
**Median days on market** is 51. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 34.8% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (August 2026): Sold Score: 69/100 (Good Chance of Selling) · Pending ratio: 0.50 · Inventory YoY: -1.8% · Median days on market: 51 · Sellers cutting price: 34.8% · Median listing price: $349,900 (+4.5% YoY)
Springfield snapshot
As of the latest 2026 data- Median listing
- $350K
- YoY +0.0%
- Active inventory
- 1,676
- YoY -0.0%
- Median DOM
- 51
- YoY 0.0%
- Pending ratio
- 0.50
- YoY -0.0%
- Price-reduced
- 17.8%
- YoY -0.0%