Springfield, NJ
Full City Profile · New Jersey · Union County County
4.1
/5.0
A
Great
1,338
Population
3,431/sq mi density
$177,045
Median Income
$83,756 per capita
$580,900
Home Value
$704,502 Zillow
$2,224
Median Rent
24.1% income on rent
55°F
Avg Temperature
271 sunny days/yr
12
Violent Crime/100K
965 property/100K
A
Overall
4.1 / 5.0
Strong
A+
Economy
5.0 / 5.0
$177,045 median income, 1.0% unemployment
A+
Affordability
4.8 / 5.0
$580,900 home value, $2,224/mo rent
D
Safety
1.5 / 5.0
12 violent crimes/100K
A+
Education
5.0 / 5.0
66.3% bachelor's degree or higher
Housing Overview
Median Home Value
$580,900
106% above
US avg: $281,900
Median Rent
$2,224/mo
91% above
US avg: $1,163/mo
Homeownership Rate
79.1%
21% above US avg (65.4%)
Total Housing Units
603
Median year built: 1953
Home Value by Source
Census Median
$580,900
Zillow (ZHVI)
$704,502
Median Sale Price
$755,000
Median List Price
$624,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
79.1%
Owner-Occupied
20.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent:
$2,224/mo
· Zillow rent:
$2,431/mo
Market Indicators (Redfin)
Median Days on Market
19 days
Sale-to-List Ratio
1.1%
Buyers market
Homes Sold
8
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$362
Active Inventory
11
homes for sale
Affordability & Housing Stock
Rent Burden
24.1%
of renters spending 30%+ of income on housing
22% below US avg (31.0%)
Median Year Built
1953
Average age of housing stock: 73 years
Homeownership Rate
79.1%
Complete Housing Data
Home Values
| Census Median Value | $580,900 |
| Zillow Home Value (ZHVI) | $704,502 |
| Median Sale Price | $755,000 |
| Median List Price | $624,500 |
| Price Per Sq Ft | $362 |
Rent
| Census Median Rent | $2,224 |
| Zillow Rent (ZORI) | $2,431 |
| FMR Studio | $1,599 |
| FMR 1-Bedroom | $1,759 |
| FMR 2-Bedroom | $2,132 |
| FMR 3-Bedroom | $2,658 |
| FMR 4-Bedroom | $3,005 |
Market
| Days on Market | 19 |
| Sale-to-List Ratio | 1.1% |
| Price Drops | 0.0% |
| Homes Sold | 8 |
| Active Inventory | 11 |
| Price Per Sq Ft | $362 |
Ownership & Stock
| Owner-Occupied | 79.1% |
| Renter-Occupied | 20.9% |
| Homeownership Rate | 79.1% |
| Total Housing Units | 603 |
| Median Year Built | 1953 |
| Rent Burden | 24.1% |
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