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SPRINGFIELD, NJ 07081

Real Estate Market Report  ·  Union County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
26
⇧ 85.7% vs 14 last year
Pending
12
46% pending ratio
Median Price
$599,000
⇧ 1.8% vs $588,625 last year
Average Price
$578,253
⇩ 13.1% vs $665,395 last year
Days on Market
65
⇧ 32.7% vs 49 days last year

Market Context

Population: 17,011  ·  Density: 1,268.7/mi²  ·  Median household income: $141,759

Typical home value: $552,899  ·  Homeownership: 61.8%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The SPRINGFIELD, NJ real estate market (07081) currently shows 26 active listings, with 12 pending sales. Homes are averaging 65 days on the market before going under contract.

Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 65 days on market compared to 49 days last year.

The median listing price has risen 1.8% year-over-year, from $588,625 to $599,000.

Whether you are buying or selling in SPRINGFIELD, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 26 this year vs 14 last year
  • Days on market: 65 now vs 49 last year

Median & Average Pricing

Year over Year
  • Median: $599,000 (+1.8% YoY)
  • Average: $578,253 (-13.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 5.8 miles — 329 listings ($359,665,543 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07081Springfield, NJ 070810.0 mi26$15,034,578$599,000$578,253
07092Mountainside, NJ 070922.2 mi10$10,106,040$999,000$1,010,604
07033Kenilworth, NJ 070332.4 mi17$11,400,659$649,999$670,627
07078Short Hills, NJ 070782.9 mi26$102,261,718$3,988,000$3,933,143
07016Cranford, NJ 070163.2 mi27$17,990,316$639,500$666,308
07090Westfield, NJ 070903.4 mi31$39,987,954$1,223,940$1,289,934
07204Roselle Park, NJ 072043.9 mi19$10,542,625$499,900$554,875
07203Roselle, NJ 072034.7 mi46$23,950,912$517,500$520,672
07928Chatham, NJ 079285.0 mi22$45,096,348$1,895,000$2,049,834
07023Fanwood, NJ 070235.1 mi12$9,599,868$749,000$799,989
07076Scotch Plains, NJ 070765.2 mi43$46,270,967$923,750$1,076,069
07208Elizabeth, NJ 072085.5 mi23$13,997,133$637,500$608,571
07106Newark, NJ 071065.8 mi27$13,426,425$455,000$497,275

Frequently Asked Questions

How many homes are for sale in SPRINGFIELD, NJ 07081?

As of January 2026, there are 26 active listings in SPRINGFIELD, NJ (zip code 07081), compared to 14 the prior year.

What is the median home price in SPRINGFIELD, NJ 07081?

The median listing price in SPRINGFIELD, NJ 07081 is $599,000 as of January 2026, a 1.8% increase from $588,625 the prior year.

How long do homes stay on the market in SPRINGFIELD, NJ?

Homes in SPRINGFIELD, NJ 07081 spend an average of 65 days on the market before going under contract, compared to 49 days the prior year.

Is it a seller's or buyer's market in SPRINGFIELD, NJ 07081?

Based on current inventory and days-on-market data as of January 2026, SPRINGFIELD, NJ 07081 is currently a Buyer's Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 65 days on market compared to 49 days last year.

How much can I save on real estate commission in SPRINGFIELD, NJ?

With SELL123.com's maximum 3% commission, sellers in SPRINGFIELD, NJ 07081 save an estimated $11,980 compared to a typical 5% commission on the median listing price of $599,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.