Springfield, MO 65810 Real Estate Market Report

ZIP Code: 65810
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

---

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

---

Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

---

Rental Market

---

Property Taxes

---

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

---

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

---

Key Findings

1. Median sold price $247,500 is the primary recent transaction indicator for 65810 and suggests modest realized values compared with asking levels; the median listing price $485,000 creates a pronounced pricing gap that may indicate seller expectations are ahead of market-clearing prices.

2. The market shows slower sales velocity as evidenced by the median days on market 160, which suggests transactions are taking longer and that elevated inventory relative to sales activity may be producing pricing friction.

3. Price momentum is positive—up—and combined with a neutral market temperature this points to a balanced market where median sold price $247,500 growth is proceeding without overheating despite longer time-to-contract.

4. Rental demand appears supportive: median market rent $1,600 alongside a rent year-over-year trend up suggests steady rental fundamentals, while moderate interest rate pressure warrants caution for buyer financing sensitivity and could continue to slow transaction turnover.

---

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Springfield, MO 65810 Real Estate Market Report

ZIP Code: 65810
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

---

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

---

Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

---

Rental Market

---

Property Taxes

---

Liquidity & Velocity

---

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

---

Key Findings

1. The primary indicator of market value is the median sold price, but the median sold price is not available in the provided metrics and may be missing due to limited closed-transaction reporting or a small recent-sale sample; as a reference point, median listing price: 437,900. primary comparator

2. The asking-level snapshot vs. actual sales activity shows mixed signals: median days on market: 305 is very long and suggests slower sales velocity and potential pricing friction, while the price year-over-year trend is up, indicating modest upward pressure on valuations.

3. Liquidity appears balanced to slightly soft with elevated inventory relative to sales activity in the analyzed sample, which may indicate moderate transaction volume and give buyers more negotiation room; market temperature: neutral. balanced conditions

4. Rental fundamentals support investor interest: median market rent: 1,350 combined with a rent year-over-year trend of up signals steady rental demand, but moderate interest rate pressure may temper buyer affordability and slow transaction pace. moderate interest rate pressure

---

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.