07081 Home Values & Market Trends

There are 57 homes currently listed for 07081. 07081 real estate market trends show that home prices range from $300,000 to $1,450,000, and the median sales price in the 07081 zip code is $700,523.1. The total number of properties sold within the past twelve months is 195. In 07081, 30 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.

07081 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Springfield

$ 689,000

$ 368/sqft

Housing Market Summary for 07081

Mar 2025March 2026Change
Median Listing Price$599K$688.7K14.97%
Median Sold Price$649.1K$688.7K6.10%
Homes For Sale1752205.88%
Homes Sold10499-4.81%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Recently Sold Homes

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Browse Homes in 07081

The median list price of a home in Springfield, is $700,523.1. A total of 57 properties are for sale, and the percentage of properties for sale in the zip code is 65.52%. The total count of 07081 properties is 4,805.

Foreclosure
There is 1 cities within 07081; within this cities, the median estimated home value for homes in foreclosure ranges from $1,293,000 in Springfield to the lowest value of $340,000 in Springfield. Foreclosure homes account for 0.00% of properties in 07081 with Springfield containing 30 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.60% of all residential properties in 07081 with Springfield containing 29 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07081; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,293,000 in Springfield to the lowest home value of $340,000 in Springfield.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 07081 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 07081. There is 1 cities within 07081; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Springfield has 1 auction properties, the highest number of properties going to auction in a single city in the state of 07081. Auction homes and other auction properties account for 0.02% of all properties in 07081. There is 1 cities within 07081; of that cities, the median estimated home value for homes going to auction ranges from $890,700 in Springfield to the lowest value of $890,700 in Springfield.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.19% of residential properties in 07081 with Springfield containing 57 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 07081; homes for sale in that cities, have a range of median values from $1,343,000 in Springfield to the lowest value of $288,300 in Springfield.
    Sold Homes
    The median value for recently sold homes ranges from $1,981,000 in Springfield to the lowest price of $296,100 in Springfield. There is 1 cities within 07081. Springfield has 95 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.98% of properties in 07081.

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