Springfield housing market
September 2026 · All Residences
Springfield's median sale price rose 6.5% compared with the same month last year. Homes sold at the same median pace as a year ago, 25 days. Sellers received a median 101.1% of their final list price.
What this means for sellers
Recent sales are the best guide to pricing. A considered launch usually matters more than timing the market.
What this means for buyers
There is a reasonable selection of homes, giving time to compare options before making an offer.
Key figures
Closed sales: 113 this month · 399 last 3 months · 1,384 trailing 12 months
Median days on market
25 days
Prior month: 25 days · MoM 0%
Last year: 25 days · YoY 0%
Average days on market
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Cumulative days on market
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Closed sales (month)
113
Prior month: 141 · MoM -19.9%
Last year: 114 · YoY -0.9%
Median sale price
$330,000
Prior month: $326,000 · MoM +1.2%
Last year: $310,000 · YoY +6.5%
Average sale price
$342,511
Prior month: $339,707 · MoM +0.8%
Last year: $326,723 · YoY +4.8%
Median price per sq ft
$216
Prior month: $221 · MoM -2.3%
Last year: $200 · YoY +8%
New listings
180
Prior month: 156 · MoM +15.4%
Last year: 140 · YoY +28.6%
Active inventory
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Pending sales
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Months of supply
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Absorption rate
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Sale-to-list ratio
101.1%
Prior month: 101.9% · MoM -0.8%
Last year: 101.6% · YoY -0.5%
Sold over asking
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With price reductions
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Trends
Median sale price moved from $310,000 in October 2024 to $330,000 in September 2026.
View as table
| Month | Median price |
|---|---|
| October 2024 | $310,000 |
| November 2024 | $309,000 |
| December 2024 | $295,000 |
| January 2025 | $299,900 |
| February 2025 | $283,750 |
| March 2025 | $290,000 |
| April 2025 | $305,000 |
| May 2025 | $307,000 |
| June 2025 | $320,000 |
| July 2025 | $322,190 |
| August 2025 | $318,000 |
| September 2025 | $310,000 |
| October 2025 | $320,000 |
| November 2025 | $317,500 |
| December 2025 | $305,000 |
| January 2026 | $308,000 |
| February 2026 | $305,000 |
| March 2026 | $305,000 |
| April 2026 | $329,000 |
| May 2026 | $320,000 |
| June 2026 | $319,950 |
| July 2026 | $316,500 |
| August 2026 | $326,000 |
| September 2026 | $330,000 |
In September 2026: 113 closed sales and 180 new listings.
View as table
| Month | Closed sales | New listings |
|---|---|---|
| October 2024 | 107 | 188 |
| November 2024 | 121 | 120 |
| December 2024 | 117 | 82 |
| January 2025 | 109 | 124 |
| February 2025 | 68 | 99 |
| March 2025 | 101 | 144 |
| April 2025 | 94 | 173 |
| May 2025 | 129 | 155 |
| June 2025 | 133 | 161 |
| July 2025 | 133 | 156 |
| August 2025 | 120 | 160 |
| September 2025 | 114 | 140 |
| October 2025 | 121 | 178 |
| November 2025 | 112 | 110 |
| December 2025 | 121 | 93 |
| January 2026 | 79 | 101 |
| February 2026 | 97 | 98 |
| March 2026 | 93 | 143 |
| April 2026 | 107 | 180 |
| May 2026 | 121 | 169 |
| June 2026 | 134 | 184 |
| July 2026 | 145 | 165 |
| August 2026 | 141 | 156 |
| September 2026 | 113 | 180 |
Days on market moved from 23 in October 2024 to 25 in September 2026.
View as table
| Month | Median days |
|---|---|
| October 2024 | 23 |
| November 2024 | 22 |
| December 2024 | 29 |
| January 2025 | 27 |
| February 2025 | 29 |
| March 2025 | 27 |
| April 2025 | 25 |
| May 2025 | 22 |
| June 2025 | 21 |
| July 2025 | 22 |
| August 2025 | 23 |
| September 2025 | 25 |
| October 2025 | 25 |
| November 2025 | 30 |
| December 2025 | 30 |
| January 2026 | 27 |
| February 2026 | 35 |
| March 2026 | 36 |
| April 2026 | 26 |
| May 2026 | 22 |
| June 2026 | 21 |
| July 2026 | 22 |
| August 2026 | 25 |
| September 2026 | 25 |
Months of supply: not enough history yet.
View as table
| Month | Months |
|---|---|
| October 2024 | — |
| November 2024 | — |
| December 2024 | — |
| January 2025 | — |
| February 2025 | — |
| March 2025 | — |
| April 2025 | — |
| May 2025 | — |
| June 2025 | — |
| July 2025 | — |
| August 2025 | — |
| September 2025 | — |
| October 2025 | — |
| November 2025 | — |
| December 2025 | — |
| January 2026 | — |
| February 2026 | — |
| March 2026 | — |
| April 2026 | — |
| May 2026 | — |
| June 2026 | — |
| July 2026 | — |
| August 2026 | — |
| September 2026 | — |
Sale-to-list ratio moved from 101.8% in October 2024 to 101.1% in September 2026.
View as table
| Month | % of list |
|---|---|
| October 2024 | 101.8% |
| November 2024 | 101.6% |
| December 2024 | 100% |
| January 2025 | 100% |
| February 2025 | 100% |
| March 2025 | 101.7% |
| April 2025 | 101.9% |
| May 2025 | 101.8% |
| June 2025 | 101.8% |
| July 2025 | 101.3% |
| August 2025 | 102% |
| September 2025 | 101.6% |
| October 2025 | 100% |
| November 2025 | 100.4% |
| December 2025 | 100% |
| January 2026 | 100.2% |
| February 2026 | 100.2% |
| March 2026 | 100% |
| April 2026 | 100.9% |
| May 2026 | 101.1% |
| June 2026 | 102.3% |
| July 2026 | 101.5% |
| August 2026 | 101.9% |
| September 2026 | 101.1% |