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Sarah Mitchell
Compass Real Estate · ZIP 65809
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65809 ZIP Code Housing Market
$417,400median sale price
What is the 65809 housing market like right now?
The median home sale price in ZIP code 65809 is $417,400, down 0.6% year-over-year. Homes sell in an average of 22 days with 57 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 65809 ZIP code a buyer's or seller's market?
ZIP code 65809 is currently a balanced market and homes selling in about 22 days. How we determine this →
What are the latest 65809 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $417,400 |
| Median list price | $437,500 |
| Year-over-year price change | -0.6% |
| Average days on market | 22 days |
| Active inventory | 57 listings |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The 65809 zip code, located in Springfield, MO, is currently classified as a balanced market. The median sale price stands at $417,400, representing a -0.6% change year over year. Homes in this area spend an average of 22 days on the market before going under contract. There are currently 57 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 65809 sits in the Springfield, MO area, roughly 5.8 miles from downtown Springfield. Because home prices are set street by street, this ZIP can move differently from Springfield's citywide averages. The figures below reflect 65809 specifically — drawn from Redfin transactions, U.S. Census data for its 11,384 residents, and Zillow value estimates.
Homes sold
50
Last 12 weeks
Days on market
22
Average pace
Active listings
57
Sale-to-list
—
Below asking
What is driving the 65809 housing market?
The 65809 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, market dynamics influence how quickly homes sell and at what price relative to their listing.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 65809 have declined -0.6% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 65809 stands at $452,420, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $2,100 per month. This gives a price-to-rent ratio of approximately 18.0, which sits in a moderate range where the buy-versus-rent decision depends heavily on individual financial circumstances and time horizon. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 65809?
Population
11,384
Median income
$111,364/yr
Median age
48.4 years
Owner-occupied
83.3%
College grads
59.9%
Avg commute
20.38 min
What is it like living in 65809?
Zip code 65809 is home to approximately 11,384 residents. The median household income is $111,364 per year, which shapes the types of homes and amenities available in the area. With a median age of 48.4 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 83.3% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 59.9% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 20.38 minutes, which is close to the national average. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 65809.
Frequently asked questions about 65809
What is the median home price in 65809?
The current median sale price in 65809 is $417,400, based on recent Redfin transaction data. Prices have changed -0.6% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 65809 a buyer's or seller's market?
The 65809 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 65809?
Zip code 65809 has a population of approximately 11,384 residents. The median household income is $111,364 per year. About 83.3% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 65809?
Properties Incorporated provides comprehensive data for 65809 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 65809 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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