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City / Town Overview

Springfield, MO

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The Springfield, MO real estate market currently shows 966 active listings, with 353 pending sales. Homes are averaging 56.8 days on the market before going under contract.

Inventory has increased compared to last year, with 92 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 56.8 days on market compared to 53.4 days last year.

The median listing price has risen 9.8% year-over-year, from $268,320 to $294,581.

Whether you are buying or selling in Springfield, MO, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 235,737  ·  Density: 779.6/mi²  ·  Median household income: $52,984

Typical home value: $170,414  ·  Homeownership: 52.5%

Included Areas

Springfield: 65801, 65802, 65803, 65804, 65805, 65806, 65807, 65808, 65809, 65810, 65814, 65817

Area Map

Market Overview

Active Listings
966
⇧ 10.5% vs 874 last year
Pending
353
37% pending ratio
Median Price
$294,581
⇧ 9.8% vs $268,320 last year
Average Price
$397,888
⇧ 7.5% vs $370,255 last year
Days on Market
56.8
⇧ 6.4% vs 53 days last year

Price Per Square Foot

Median $/sqft
$167
⇧ 3.7% vs $161/sqft last year
Median Home Size
1,785 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %