Springfield, NJ

Strong seller's market+29.7% YoY

Housing market overview · Updated weekly

$755,000median sale price

Homes sold

8

Last 12 weeks

Days on market

19

Fast-moving

Active listings

11

1.4 months supply

Sale-to-list

106.4%

Above asking

The Springfield housing market is currently classified as a strong seller's market with a median sale price of $755,000. Prices have risen 29.7% compared to last year, with homes spending an average of 19 days on market, indicating 1.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Springfield

There are currently 11 homes listed for sale in Springfield, New Jersey. The median listing price is $625K.

Active listings

11

Homes on market

Median list price

$625K

Avg. days on market

19

Days until sale

New this week

4

Newly listed

Sale-to-list:106.4%

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Frequently asked questions

What is the average home price in Springfield?

The median home sale price in Springfield is $755,000, up 29.7% from last year.

How long do homes stay on market in Springfield?

Homes typically spend 19 days on market before going under contract.

Is Springfield a buyer's or seller's market?

With 1.4 months of supply, Springfield is currently a strong seller's market.

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