Springfield-area home sales rise 7% in January

Home sales in the Springfield area reached 369 units in January, an increase of 7% from a year prior, according to data from the Greater Springfield Board of Realtors.

Additionally, the average sale price for homes in GSBOR’s coverage area, comprising Greene, Christian and Webster counties, was $300,502 for January. That’s a 2.4% increase from January 2025’s average of $293,494.

According to the latest market statistics report from Missouri Realtors, a trade association for real estate agents with more than 25,000 members, statewide home sales finished at 4,112 in January. The total is a 1% dip from January 2025.

While the total dollar volume in January increased 2.7% statewide compared to last year, it decreased 36% from the previous month, according to the data. Over $1.27 billion was generated in January compared to $1.9 billion in December.

However, long-term mortgage rates are slightly more favorable since the start of the year, according to the Federal Reserve Bank of St. Louis. It reported the 30-year fixed mortgage interest rate in January was 6.1%. According to its latest data released Feb. 19, the rate dipped to 6.01%.