Housing · Springfield

Springfield, NJ housing market

The typical Springfield home is worth about $549,000, up 3.4% in a year, 5% below the New Jersey typical home.

Home values, sales, trends and how Springfield compares with the towns next door — updated as new data is published.

The market right now

Springfield at a glance

Typical home value
$549K
▲ 3.4% in a year · Zillow
Ten-year trend

Typical home value, 2016–2026

SpringfieldNew Jersey
$300K$350K$400K$450K$500K$550K$600K 20182020202220242026 Springfield $549K New Jersey $580K
Show as a table
JanuarySpringfieldNew Jersey
2017$332,000$317,000
2018$344,000$330,000
2019$341,000$343,000
2020$360,000$358,000
2021$391,000$394,000
2022$436,000$441,000
2023$459,000$471,000
2024$491,000$511,000
2025$517,000$551,000
2026$539,000$568,000
August 2026$549,000$580,000
Next door

Springfield and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr changeDays on marketMedian income
Springfield $549K +3.4% — $146,157
Mansfield $522K +3.5% — $115,595
Florence $314K +1.8% — $105,631
Burlington $394K +1.3% — $104,067
Chesterfield $715K +3.4% — $208,836
North Hanover $568K +3.4% — $86,683
Pemberton $358K +5.8% — $80,843
Affordability

3.8 years of income

The typical Springfield home costs about 3.8 years of the town's median household income, less than across New Jersey (5.6 years).

How Springfield ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
92.9%
New Jersey: 63.8%
Median tax bill
$9,869
New Jersey: $9,590
Median rent
$1,646
New Jersey: $1,720
Typical home built
1980
New Jersey: 1970

U.S. Census Bureau, ACS 2020-2024.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.

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Springfield

New Jersey · NJ · Burlington County
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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/15 · 2025-01-01