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Springfield, NJ 07081 Real Estate & Property Data

Springfield, NJ 07081 Real Estate Market Trends

Last Updated: April 28, 2024

A total of 172 residential properties have been sold over the past 12 months in 07081. With a median sales price of $660,000 in 07081 and a total of 2 foreclosures in Springfield, NJ 07081. Discover market trends and get the granular level real estate data for Springfield, NJ 07081 to keep your pulse on the housing market. Curate compelling home reports for Springfield, NJ 07081 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Springfield, NJ 07081 Real Estate Market Trends

Get property data for any address in Springfield, NJ 07081 or the country:

Total Residential Properties 4,835

Total Commercial Properties 243

Avg. Home Age (Single Family Home) 66 Years

Avg. Square Feet (Single Family Home) 1,945

Total 2024 Residential Sales (year-to-date) 28

% of Homes Seriously Underwater (Q2 2024) 0.37%

Total 2023 Residential Sales 159

% of Equity Rich Homes (Q2 2024) 48.46%

Effective 2023 Property Tax 1.77%

Total Foreclosure Filings (year-to-date) 5

Springfield, NJ 07081 Real Estate Overview

There were 172 residential properties sold in the past year in Springfield, NJ 07081. The median home value in Springfield, NJ 07081 is $621,800. There are a total of 4,835 residential properties in the 07081.

Median Sales Price i

$660,000

(Feb 2024)

+15.8%

year-over-year

y-o-y

February '24 Feb '24 $660,000
January '24 Jan '24 $739,000
December '23 Dec '23 $512,500
November '23 Nov '23 $400,500
October '23 Oct '23 $570,000
September '23 Sep '23 $620,000
August '23 Aug '23 $700,000
July '23 Jul '23 $490,000
June '23 Jun '23 $562,500
May '23 May '23 $705,000
April '23 Apr '23 $475,000
March '23 Mar '23 $507,500

Median Down Payment i

$108,450

(Feb 2024)

-21.1%

year-over-year

y-o-y

February '24 Feb '24 $108,450
January '24 Jan '24 $216,000
December '23 Dec '23 $111,000
November '23 Nov '23 $59,500
October '23 Oct '23 $185,000
September '23 Sep '23 $155,000
August '23 Aug '23 $145,000
July '23 Jul '23 $141,000
June '23 Jun '23 $78,275
May '23 May '23 $135,825
April '23 Apr '23 $142,500
March '23 Mar '23 $80,250

Number of Homes Sold i

15

(Feb 2024)

+15.4%

year-over-year

y-o-y

February '24 Feb '24 15
January '24 Jan '24 13
December '23 Dec '23 12
November '23 Nov '23 11
October '23 Oct '23 16
September '23 Sep '23 8
August '23 Aug '23 21
July '23 Jul '23 13
June '23 Jun '23 16
May '23 May '23 15
April '23 Apr '23 5
March '23 Mar '23 14

Number of Purchase Loans i

11

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 11
January '24 Jan '24 10
December '23 Dec '23 8
November '23 Nov '23 6
October '23 Oct '23 10
September '23 Sep '23 6
August '23 Aug '23 15
July '23 Jul '23 6
June '23 Jun '23 12
May '23 May '23 9
April '23 Apr '23 5
March '23 Mar '23 9

Number of REFI Loans i

3

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 7
December '23 Dec '23 5
November '23 Nov '23 3
October '23 Oct '23 10
September '23 Sep '23 4
August '23 Aug '23 10
July '23 Jul '23 4
June '23 Jun '23 9
May '23 May '23 4
April '23 Apr '23 6
March '23 Mar '23 4

Number of HELOC Loans i

9

(Feb 2024)

+80%

year-over-year

y-o-y

February '24 Feb '24 9
January '24 Jan '24 4
December '23 Dec '23 3
November '23 Nov '23 6
October '23 Oct '23 5
September '23 Sep '23 8
August '23 Aug '23 6
July '23 Jul '23 5
June '23 Jun '23 4
May '23 May '23 4
April '23 Apr '23 6
March '23 Mar '23 6

Springfield, NJ 07081 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
2
3

Springfield, NJ 07081 Foreclosure Activity

There were a total of 2 Springfield, NJ 07081 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

2

(Feb 2024)

-33.3%

year-over-year

y-o-y

February '24 Feb '24 2
January '24 Jan '24 3
December '23 Dec '23 1
November '23 Nov '23 N/A
October '23 Oct '23 2
September '23 Sep '23 1
August '23 Aug '23 1
July '23 Jul '23 N/A
June '23 Jun '23 1
May '23 May '23 1
April '23 Apr '23 3
March '23 Mar '23 2

Foreclosure Starts i

2

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 2
January '24 Jan '24 2
December '23 Dec '23 1
November '23 Nov '23 N/A
October '23 Oct '23 1
September '23 Sep '23 1
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 2
March '23 Mar '23 1

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 1
April '23 Apr '23 N/A
March '23 Mar '23 N/A

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