Springfield, MO Housing Market Forecast: What to Expect in Late 2025

🏠 Springfield, MO Housing Market Forecast: What to Expect in Late 2025

If you’re planning to buy or sell a home in Springfield, Missouri, you’re probably wondering:
What’s the real estate market going to look like later this year?

As a local real estate expert, I’ve been watching the trends closely — and I’m here to break down exactly what buyers and sellers can expect in late 2025. Whether you're thinking of moving up, downsizing, or making your first purchase, this market update will help you plan your next step with confidence.

📈 Home Prices in Springfield, MO: Still Strong but Stabilizing

In early 2025, home prices in Springfield continued their steady climb, but we’re starting to see signs of stabilization.
✅ Price growth is cooling slightly compared to the rapid increases of the past few years.
✅ However, demand is still solid, especially for well-priced homes in popular neighborhoods like Nixa, Ozark, and Republic.

Forecast for late 2025:
✔️ Expect prices to hold steady or experience modest growth — great news if you’re a seller, and a sign of market balance for buyers.

📊 Inventory Levels: More Choices for Buyers

Good news for buyers — there are more homes on the market in 2025 than we’ve seen in recent years.
✔️ New construction has picked up, adding fresh inventory
✔️ More homeowners are listing, taking advantage of strong prices

But Springfield is still far from an oversupply situation. In fact, move-in ready homes under $300K are still seeing strong competition.

Forecast for late 2025:
✔️ Slightly more inventory means buyers have more choices
✔️ Sellers will need to price competitively and prepare homes well to stand out

💰 Mortgage Rates: Higher but Easing

Mortgage rates have been one of the biggest market factors in 2025. While rates rose sharply last year, they’re starting to ease slightly.
✅ As of mid-2025, rates are hovering around 6.5% to 7% for a 30-year fixed loan.

Forecast for late 2025:
✔️ Experts predict rates may inch down closer to 6%, making home buying a bit more affordable
✔️ This could spur a wave of buyers looking to lock in before rates rise again

🏡 Demand in Springfield: Steady and Resilient

Despite higher rates, buyer demand in Springfield has stayed strong — and that trend is expected to continue into late 2025.
✔️ Missouri remains an affordable option compared to national markets
✔️ Job growth and quality of life in Springfield keep attracting new residents

Hot buyer segments in 2025:

• First-time homebuyers

• Families upsizing to larger homes

• Out-of-state buyers relocating to Springfield

✅ What This Means for You

For Sellers:
✔️ Late 2025 is shaping up to be a great time to sell — demand is still strong, but you'll need to price wisely and present your home well to attract offers.

For Buyers:
✔️ More inventory and potentially lower rates could make late 2025 an excellent window to buy — but desirable homes will still move fast, so be ready to act.

🎯 Ready to Make Your Move in Springfield’s 2025 Market?

Whether you’re thinking about buying your first home or cashing in on your current property, I’m here to help you navigate Springfield’s real estate market with confidence.

📞 Let’s chat about your goals and create a custom plan for success in 2025!