New Listing
5
$89,000
626 W Division St
Springfield, MO 65803
3 bd1 ba952 sqft$93/ft²
House3,920 sqft lot
Keller Williams
View photos & details
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Sarah Mitchell
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Compass Real Estate · Springfield, MO
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Springfield, MO(512) 555-0184TX License #0512847
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Springfield, MO Housing Market & Real Estate
Seller's market+3.8% YoY
Housing market overview · Updated monthly ·
$217,900median sale price
How is the Springfield, MO housing market right now?
The median home sale price in Springfield, MO is $217,900, up 3.8% year-over-year. Homes sell in an average of 12 days with 513 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Springfield a buyer's or seller's market?
Seller's market2.2 months of supply12 avg. days on market
Springfield, MO is currently a seller's market, based on 2.2 months of supply and homes selling in about 12 days. How we determine this →
Homes sold
231
Last 12 weeks
Days on market
12
Fast-moving
Active listings
513
2.2 months supply
Sale-to-list
93.0%
Below asking
What does the Springfield housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $217,900 |
| Median list price | $165,000 |
| Year-over-year price change | +3.8% |
| Average days on market | 12 days |
| Active inventory | 513 listings |
| Months of supply | 2.2 months |
| Sale-to-list price ratio | 93.0% |
| Median price per sq ft | $153/sq ft |
| Homes sold (latest month) | 231 |
| New listings (latest month) | 405 |
| Listings with a price cut | 27.9% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Springfield by property type?
How the Springfield, MO market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $217,500 | $153/sq ft | 223 | 12 days |
| Condo / Co-op | $257,448 | $148/sq ft | 4 | 35 days |
| Townhouse | $287,500 | $130/sq ft | 2 | 26 days |
Source: Redfin · Updated monthly
The Springfield housing market is currently classified as a seller's market with a median sale price of $217,900. Prices have risen 3.8% compared to last year, with homes spending an average of 12 days on market, indicating 2.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.4x provides context for how home values compare to local earning capacity.
Homes for sale in Springfield
There are currently 513 homes listed for sale in Springfield, Missouri. The median listing price is $165K. Featured listings range from $89,000 to $1,175,000.
New Listing
6
$120,000
5912 S Siler Ct
Springfield, MO 65804
Land6,970 sqft lot
Alpha Realty MO, LLC
View photos & details
New Listing
20
$195,000
2203 N National Ave
Springfield, MO 65803
4 bd2 ba1,238 sqft$158/ft²
duplex triplex6,970 sqft lot
Epique Realty
View photos & details
New Listing
44
$214,900
1844 S Dollison Ave
Springfield, MO 65807
3 bd2 ba1,528 sqft$141/ft²
Condo9,148 sqft lot
Murney Associates - Primrose
View photos & details
New Listing
36
$245,000
3853 W Lombard St
Springfield, MO 65802
3 bd2 ba1,458 sqft$168/ft²
House8,712 sqft lot
AMAX Real Estate
View photos & details
New Listing
41
$255,900
726 S Abbey Rd
Springfield, MO 65809
3 bd2 ba1,380 sqft$185/ft²
House20,038 sqft lot
Sturdy Real Estate
View photos & details
New Listing
29
$275,000
513 S Orchard Crest Ave
Springfield, MO 65802
4 bd2 ba1,708 sqft$161/ft²
House10,019 sqft lot
EXP Realty LLC
View photos & details
New Listing
39
$315,000
2466 E Cambridge St
Springfield, MO 65804
3 bd2 ba2,170 sqft$145/ft²
House12,632 sqft lot
House Theory Realty
View photos & details
New Listing
36
$469,900
3233 Shady Glen St
Springfield, MO 65804
4 bd3 ba2,857 sqft$164/ft²
House12,632 sqft lot
Keller Williams
View photos & details
New Listing
45
$489,900
3834 E Stanford St
Springfield, MO 65809
4 bd4 ba4,006 sqft$122/ft²
House13,068 sqft lot
Murney Associates - Primrose
View photos & details
New Listing
59
$699,000
5341 S Woodfield Ave
Springfield, MO 65810
4 bd3 ba4,210 sqft$166/ft²
House17,424 sqft lot
Pell Realty
View photos & details
New Listing
37
$1,175,000
5197 S Stonehaven Dr
Springfield, MO 65809
3 bd3 ba4,978 sqft$236/ft²
House22,651 sqft lot
Century 21 Integrity Group
View photos & details
Looking to buy in Springfield?
Get connected with a local real estate expert — free, no obligation.
Active listings
513
Homes on market
Median list price
$165K
Avg. days on market
12
Days until sale
New this week
405
Newly listed
Price drops:27.9%of listings
Sale-to-list:93.0%
Who lives in Springfield?
Population
169,432
Median income
$45,984/yr
Median age
33.6 years
Owner-occupied
42.9%
College grads
30.3%
Avg commute
18 min
Source: U.S. Census Bureau ACS
What are homes worth in Springfield?
Zillow home value
$248,023
Zillow rent index
$1,230/mo
Price-to-rent ratio
16.8x
Price-to-income
5.4x
Source: Zillow Research
What is it like to live in Springfield?
Springfield is a community of approximately 169K residents with a median age of 33.6 years.The median household income is $45,984, which represents a working-class community with solid middle-income opportunities. 30.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 42.9%, showing a blend of owner and renter-occupied properties. The average commute time is 18 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Springfield offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Springfield?
50 schools tracked · 25,794 students
The largest public schools serving Springfield, MO by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
KICKAPOO HIGH
Grades 9-12 · 1,918 students
MOCA-S
Grades K-12 · 1,747 students
CENTRAL HIGH
Grades 6-12 · 1,449 students
GLENDALE HIGH
Grades 9-12 · 1,369 students
PARKVIEW HIGH
Grades 9-12 · 1,274 students
HILLCREST HIGH
Grades 9-12 · 1,079 students
MOCAP Attendance Center
Grades K-12 · 885 students
CHEROKEE MIDDLE
Grades 6-8 · 746 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Springfield, MO?
Want a head-to-head view? Compare Springfield side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Springfield?
Is Springfield a good real estate investment market?
For investors evaluating Springfield, the price-to-rent ratio of 16.8x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 3.8% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Springfield's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Springfield's median home price.
Frequently asked questions
What is the average home price in Springfield?
The median home sale price in Springfield is $217,900, up 3.8% from last year.
How long do homes stay on market in Springfield?
Homes typically spend 12 days on market before going under contract.
What is the median income in Springfield?
The median household income is $45,984 per year.
Is Springfield a buyer's or seller's market?
With 2.2 months of supply, Springfield is currently a seller's market.
How many homes are for sale in Springfield?
There are currently 513 homes listed for sale in Springfield, MO.
What is the Zillow home value estimate for Springfield?
The Zillow Home Value Index (ZHVI) for Springfield is $248,023, representing the typical home value in the area.
What is the median condo price in Springfield?
The median condo/co-op sale price in Springfield, MO is $257,448, compared to $217,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Springfield?
The median single-family home price in Springfield, MO is $217,500 (about $153 per square foot).
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