Sep 2026
$286K
+4.2% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Springfield, MO housing market
Springfield, MO metro median sale price $286K in Sep 2026, up 4.2% year over year. Also days on market, price cuts, affordability and ZIP-code figures.
The median sale price in the Springfield, MO metro is $286K as of Sep 2026, up 4.2% from a year earlier. The gain is larger than in most of the 193 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro agrees within 0.2 points (up 4.0% through Q2 2026).
Springfield has the lowest median sale price of the four Missouri metros Pecan Street tracks ($286K); Columbia ($295K) is next. Springfield has the most median days on market of the four Missouri metros (52 days), ahead of Columbia (51 days). On share of listings with a price cut, Springfield (39%) ranks 3rd of the four Missouri metros, between Kansas City (40%) and Columbia (35%).
Listings spent a median 52 days on market in Sep 2026, fewer than in most of the 195 metros. 39% of active listings carry a price cut, 1.8 points fewer than a year earlier. Building permits authorized 147 new housing units in Aug 2026.
At the 7.38% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $1,583 a month; at 28% of gross income, that takes about $68K a year. The median sale price equals about 16 years of HUD Fair Market Rent, a ratio up 1.4% from a year earlier. Active listings ask a median $175 per square foot, up 2.4% from a year earlier.
In eight of the 12 ZIP codes in the table below, median list prices are higher than a year earlier; four are lower.
Headline
Oct 14, 2026
7.38%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$1,583/mo
$68K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Springfield compares to other U.S. metros
| Home-price growth | ↑55th of 193 (top 29%) |
|---|---|
| Days on market | ↓128th of 195 |
| Price cuts | 82nd of 195 (top 43%) |
| Price-to-rent | 96th of 193 (top 50%) |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 16 +1.4% YoY 96th of 193 (top 50%) |
|---|---|
| Asking price / sq ft | $175 +2.4% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 39% -1.8 pts YoY 82nd of 195 (top 43%) |
|---|---|
| New housing units permitted | 147 |
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. New housing units authorized by residential building permits in the metro that month — new supply in the pipeline, which counts of existing listings don't capture (US Census Bureau, Building Permits Survey), as of Aug 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 12 shown of 56 |
|---|---|
| MLS board of record | — |
| Price methodology | Redfin vs FHFA HPI |
| Data as of | Sep 2026 |
Recent signals
No signals flagged for this market right now.
Price reconciliation
normal · 0.2ppRedfin (metro) +4.2% | FHFA HPI · Q2 2026 +4.0% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
Market dispatches
Citable market dispatches for Springfield → Latest dispatch: Aug 14, 2026.
More markets in MO
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Try it freeZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 65613 | $280K↑ | 102↑ | 32↑ | 38↑ | 55↓ | $268K↑ |
| 65714 | $400K↑ | 142↑ | 82↑ | 68↓ | 43↓ | $330K↑ |
| 65721 | $407K↑ | 126↑ | 58↓ | 54↓ | 52↑ | $321K↑ |
| 65738 | $336K↑ | 116↓ | 44↓ | 36↓ | 49↓ | $270K↑ |
| 65742 | $394K↑ | 76↑ | 30↑ | 18↑ | 56↓ | $334K↑ |
| 65781 | $320K↑ | 33↓ | 16↑ | 10↓ | 49↓ | $276K↑ |
| 65802 | $280K↓ | 165↓ | 78↓ | 50↓ | 44↑ | $212K↑ |
| 65803 | $193K↓ | 113↓ | 44↓ | 52↓ | 44↓ | $192K↑ |
| 65804 | $330K↑ | 116↑ | 56↓ | 48↑ | 64↑ | $270K↑ |
| 65807 | $257K↓ | 96↓ | 46↓ | 42↓ | 41↑ | $236K↑ |
| 65809 | $620K↓ | 71↑ | 22↑ | 26↑ | 61↑ | $452K↑ |
| 65810 | $456K↑ | 105↓ | 48↑ | 50↑ | 46↓ | $357K↑ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.