09/23/2026
Mortgage rates have crept above 7%.
You might be surprised how many homes are still going under contract.
I’ve had several people ask me lately what rates moving back above 7% means for our local real estate market. It seems like that’s what everybody is watching and worried about right now.
So I pulled the numbers.
Right now, there are 724 homes for sale in Springfield, and 312 are under contract. In Nixa, there are 155 homes for sale, and 75 are under contract.
That’s 387 homes currently under contract between Springfield and Nixa.
And that number isn’t zero.
People are still buying. People are still selling. The market is still moving.
Days on market have increased, and both buyers and sellers are having to be a little more patient. But when I look at these numbers, I don’t see a market that has stopped. I see a market where strategy matters more.
This isn’t a market to panic about. It’s a market to understand.
Be patient, have a strategy, and make good decisions.
Even with rates around 7%, people are still making moves.
Are you waiting on rates, prices, or something else?
