Springfield, NJ—07081
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$720,000
2.3% YoY Growth
Household Income
$146,000
27.8% YoY Growth
Days on Market
24
39.0% Longer YoY
Home Price Forecast
0.9%
Median Rent
$3,000
21.6% YoY Growth
1-Bed Rent
$2,200
7.4% YoY Growth
2-Bed Rent
$2,820
1.7% YoY Growth
3-Bed Rent
$3,600
2.6% YoY Growth
Home Price Trends — Springfield, NJ
As of May '26, the median home price in Springfield, NJ is $720,000, with a year-over-year change of 2.3%. This indicates that home prices in Springfield, NJ are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $720,000 | 2.3% |
| Single Family | $733,000 | 0.8% |
| Condos | $336,000 | -1.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |