Should I Sell My Home Now or Wait Until Next Year? [Springfield Edition – 2025]

If you’re a homeowner in Springfield, Missouri, chances are you’ve asked yourself:
“Should I sell my house now or wait until next year?”

It’s a smart question — especially in today’s evolving real estate market. Whether you're looking to upsize, downsize, relocate, or cash in on equity, the timing of your sale can have a big financial impact.

Let’s look at the key factors to help you decide if 2025 is the right time to sell your home — or if it’s better to wait until 2026.

📊 Springfield Market Overview: Summer 2025

• Median Home Price: ~$264,500

• Average Days on Market: 27

• Interest Rates: Around 6.6% (slightly higher than 2024)

• Inventory: Slowly increasing, but still tight under $300K

Springfield’s housing market remains strong and relatively balanced — but trends suggest we may be heading toward a slightly more buyer-friendly market in 2026 as inventory rises and rates stabilize.

✅ Reasons to Sell Your Home Now in 2025

1. You Have High Equity

Many Springfield homeowners gained significant equity in recent years. Selling now could allow you to:

• Pay off debt - with inflation crawling upwards & the start of tariffs, I think we all have started to accrue a little more debt than we planned to this year, or even the last few years.  Even if you don't want to sell your house now, you have the option to refinance & still pay off your accrued debt.  Especially if you've purchased a home in the last 2 years, you may benefit from a refinance & use any equity to pay down other debts.

• Upgrade or downsize - selling now could allow you to move on to the next phase of your life.  Using the equity in your home is a great tool to afford the next chapter of life, whether that is selling now & buying a bigger home, or downsizing to a smaller home.

• Use equity as a down payment on your next home  - using your equity to relocate is another way to answer the 'should i wait to sell my house' question.  Whether you want to move accross town or accross the country, selling now with the equity you have will allow you to do that.

• Avoid possible price leveling in 2026 - Although we can't predict what will happen with pricing, we have seen almost a stalemate situation when it comes to home pricing and interest rates.  Buyers are waiting for rates to go down, but the ones that aren't waiting are submitting lower offers.  If this trend continues, we may see home prices level out next year.  But if we see interest rates take a HUGE dip, prices could go up. As of now, there is still a positive flow in home prices, selling now would likely give you the equity you'd desire.

If you've owned your home for at least 3–5 years, you might be sitting on tens of thousands in equity.

2. Low Inventory = Less Competition

Homes in good condition (especially under $300K) are still in high demand. With fewer listings available, your home is more likely to stand out — and potentially sell faster and for top dollar.  Inventory is is going down as we go into the fall and cold seasons, so if you don't mind moving in the winter you could benefit from listing your home for sale.

3. Motivated Buyers Are Still Active

Even with interest rates above 6%, many buyers in Springfield are actively searching, especially those relocating for jobs, growing families, or tired of renting.

If you have a well-maintained, move-in-ready home, you’ll attract serious buyers — even in the fall/winter months.

⏳ Reasons You Might Wait Until 2026

1. You Need More Time to Prepare

If your home needs major updates, repairs, or staging to attract top offers, it may be worth waiting until early 2026 to:

• Make improvements

• Build a stronger marketing plan

• Reassess pricing as the market shifts

2. Interest Rates Could Dip Slightly

Some economists predict that mortgage rates may ease slightly in 2026. Lower rates could increase buyer affordability and bring more buyers into the market — which can boost demand for your home.

3. You Haven’t Found Your Next Home Yet

If you’re also buying, you’ll need to factor in your own transition. You might wait to sell your house if:

• You’re concerned about temporary housing

• You need more time to save or qualify for a new loan

• You’re waiting for a specific neighborhood or school district to open up

Selling and buying at the same time is possible — just make sure you’re working with a local agent who can guide the timing.

🧠 So… Should You Sell Now or Wait?

Here’s a quick guide:

🏡 My Local Expert Advice

There’s no one-size-fits-all answer — but as a Springfield real estate agent, I offer free home value reports and personalized consultations to help you decide what’s best for your situation.

Whether you want to list next month or next year, I’ll help you:

• Understand your equity

• Evaluate the market

• Create a custom game plan for timing and pricing

• Prepare your home for maximum value

📞 Let’s talk about your options. No pressure — just real advice based on local data and your personal goals.

417-350-6419 | christina@thehouseofsparks.com