“We found Freeman very knowledgeable and personable. Would recommend him for other buyers. He went out of his way to make sure we looked at all homes we were interested in.”
eXp Realty LLC
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Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for June 2026. *
* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.
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Phelps real estate Market Report.
Information and statistics on the latest trends in the Phelps real estate market. *
Latest Rolling 3-Month Snapshot
Feb 1, 2026 - Apr 30, 2026
Median sale price
$265K
+1.9%
from
Q1 '26
Median list price
$258K
-0.8%
from
Q1 '26
Active listings
13
No change
from
Q1 '26
Homes sold
5
+400%
from
Q1 '26
New pendings
7
+40%
from
Q1 '26
New listings
9
No change
from
Q1 '26
Quarterly Pricing Trends for Phelps
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Phelps
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Phelps
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Inventory and Sales Activity for Phelps
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
Quarterly Inventory and Sales Activity for Phelps
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
Quarterly Inventory and Sales Activity for Phelps
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
19
Seller’s Market
Seller’s Market
Buyer’s Market
0
20
40
60
80
100
0
25
50
75
100
Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Feb 2026 - Apr 2026).
Year-over-year, Phelps has seen home values climb much faster than the broader Springfield area, with the typical home value up more than 30 percent compared to about 5 percent citywide. Listing prices are also higher than a year ago, rising at a more modest pace, which suggests sellers have gained pricing power while still needing to stay in line with buyer expectations.
In the latest rolling three-month period through April 2026, the typical home value and the median sale price both sit around the mid-$260,000s, while the median list price is slightly lower. Inventory remains limited at about two months of supply locally, a bit tighter than Springfield overall, and only a small number of homes are on the market at any given time.
Sales activity has picked up notably over the past year, with homes sold and pending sales both rising sharply on a rolling three-month basis. At the same time, the median days on market has increased from last year, indicating buyers may have a bit more breathing room even though supply is still constrained. Whether you are a buyer trying to navigate these shifting conditions or a seller aiming to price correctly in a fast-changing neighborhood, Agent Pronto can connect you with a local agent who understands the Phelps market.
Learn more about what Phelps has to offer.
Phelps neighborhood offers residents a welcoming, connected community with convenient local amenities, parks, and accessible services.
Phelps in Springfield sits in a central, convenient pocket of the city, offering quick access to shopping, schools, and major roads while maintaining a residential feel. Tree‑lined streets and a mix of mid‑century homes and newer construction give the area a practical, established character that appeals to long‑time residents and newcomers alike.
Daily errands are simple, with grocery options, local services, and restaurants within a short drive. Families appreciate proximity to Springfield Public Schools, including nearby campuses listed through the Springfield Public Schools district. Outdoor time is easy to find at Phelps Grove Park, which offers walking paths, playgrounds, and picnic areas, as well as the Springfield Art Museum along its edge. The broader city amenities of Springfield put dining, entertainment, and healthcare within reach, while regional attractions like Dickerson Park Zoo and Jordan Valley Park are easy weekend destinations.
Residents value the straightforward commute patterns and access to major corridors that connect Phelps with other neighborhoods such as Rountree and Midtown. Whether you are relocating to Springfield or moving within nearby areas like Greene County, understanding Phelps block by block can make a real difference.
A knowledgeable local agent can explain subtle price differences, school zone boundaries, and resale trends, helping you navigate Phelps with confidence. Agent Pronto connects buyers and sellers with the right Springfield expert so your move in or out of Phelps feels more manageable and far less stressful.
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“Jennifer went above and beyond for us. She gave tips on what to do to help make showing the house easier. She was always communicating with us and would get answers for us when we had questions. If we asked to look at a house last minute she would make it happen. She always gave us plenty of notice when someone asked to look at our house. She was wonderful. We highly recommend Jennifer.”
Century 21 Properties Unlimited
“Rock Star Realtor. I can't say enough about Danielle's ability, commitment, and work ethic.”
eXp Realty
“Beckie was more than a relator. She was basically a therapist/family/friend. She went above and beyond to help me through the process. Two thumbs up 👍🏻👍🏻”
Gateway Real Estate
“Jon has been my realtor for years, and I wouldn’t trust anyone else. He brings decades of experience while staying on top of current market trends, which made the entire purchase smooth and strategic. Knowledgeable, reliable, and always one step ahead.”
Century 21 Integrity Group
“Great experience. He was on top of everything . Quickly responded to questions and got answers fast . I would highly recommend Daniel Cornell .”
Wolfe Realty
“I can not say enough about Pam! She is a real fighter. Never say die. If I needed one person in my corner, I want it to be Pam! She is my HERO!”
Epique Realty
“Marla was very helpful with the whole process . She helped us find someone to sell the items in the house (estate sale). She kept us up to date on all the showings overall she was amazing and would use her again”
Century 21 Peterson Real Estate
“I was amazed you found an agent to handle the sale of my property mere hours after I contacted you very late in the evening. I was contacted by Kim first thing the following morning & within a week to 10 days, we had an offer. I didn't even think we'd be able to sell but Kim was positive & encouraging. I couldn't have done this without her.”
Realty One Group Grand
“Overall everything went extremely well. Rob was very knowledgeable and helpful. Initial response was very fast. I couldn't have been more pleased! ”
eXp Realty, LLC
Frequently Asked Questions
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There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Phelps. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.
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Choosing a real estate agent to help you buy or sell property is one of the most important decisions you’ll make in your lifetime. You want to make sure your agent is an expert in your area, has a proven record helping people buy and sell similar homes to yours, and is well regarded by their previous clients. Let us know a few details about the property you are selling or the kind of home you want to buy, and Agent Pronto will match you with trusted real estate agents that have the experience you need. And before you interview an agent, check out our top five questions to ask a buyer’s agent and listing agent.
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We consider performance metrics, close rates, specialties, and client reviews to qualify the best full-time agents. We then take the information you provide about the home you are selling or the kind of home you want to buy, and analyze the top local agents with the right experience for your specific needs. For more than a decade, we've helped hundreds of thousands of home buyers and sellers find the right agent. Get started now and find the perfect real estate agent.
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No. Agent Pronto is a free service for home buyers and sellers and you are under no obligation to work with our recommended agents. Find your Phelps Realtor® or real estate agent today.
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