Housing Prices in Springfield, MO

How much do homes in Springfield, MO cost?

Median List Price

$244,955

$152/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$9,982(+4.2%)

Key Takeaway

The list price of homes in Springfield has increased by 4.2% since last year.

Summary: The median home list price in Springfield was $244,955 in November 2024, up 4.2% from the previous year, and the median price per square foot was $152.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $86K$88K
+2.3%
2 $128.4K$137K
+6.7%
3 $225K$229.9K
+2.2%
4 $349.9K$361.5K
+3.3%
5+ $494.9K$525K
+6.1%

Summary: Springfield housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.3%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 6.1%.

Median List Price Compared To Nearby Cities

Campbell No. 2C Township
+12.1%
Springfield Township
+4.3%
Springfield
+4.2%
Wilson A Township
+4.2%
Campbell No. 2 Township
+1.9%

Housing Supply in Springfield, MO

How many homes are available in Springfield, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1,1251,146+1.9%

Summary: The Springfield real estate market had 1,146 homes for sale in November 2024, a 1.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1210
-16.7%
2 159167
+5.0%
3 558577
+3.4%
4 284272
-4.2%
5+ 112120
+7.1%

Summary: The Springfield housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 7.1%.

Days on Market for Springfield, MO

How long does it take to sell a home in Springfield, MO?

Average Listing Age

Nov 2023Nov 2024CHANGE
100 Days72 Days-27.7%

Summary: Homes in Springfield had an average listing age of 72 days in Nov 2024, down by 27.7% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Springfield, MO

Nearby Markets to Springfield, MO

What housing markets are near Springfield, MO?