Springfield, NJ—07081
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$718,000
0.6% YoY Growth
Household Income
$146,000
27.8% YoY Growth
Days on Market
24
39.0% Longer YoY
Home Price Forecast
2.3%
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 $718,000, with a year-over-year change of 0.6%. This indicates that home prices in Springfield, NJ are flat. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $718,000 | 0.6% |
| Single Family | $732,000 | 0.1% |
| Condos | $341,000 | -1.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |