07081 Home Values & Market Trends

There are 102 homes currently listed for 07081. 07081 real estate market trends show that home prices range from $350,000 to $2,100,000, and the median sales price in the 07081 zip code is $684,601.3. The total number of properties sold within the past twelve months is 181. In 07081, 31 properties are in foreclosure, 0 are bank owned properties,and 2 are headed for auction.

07081 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Springfield

$ 710,000

$ 383/sqft

Housing Market Summary for 07081

Jun 2025June 2026Change
Median Listing Price$599.5K$651.6K8.69%
Median Sold Price$687.7K$651.6K-5.25%
Homes For Sale2096380.00%
Homes Sold76839.21%
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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 $684,601.3. A total of 102 properties are for sale, and the percentage of properties for sale in the zip code is 76.69%. The total count of 07081 properties is 4,916.

Foreclosure
There is 1 cities within 07081; within this cities, the median estimated home value for homes in foreclosure ranges from $1,259,609 in Springfield to the lowest value of $160,000 in Springfield. Foreclosure homes account for 0.00% of properties in 07081 with Springfield containing 31 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.59% 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 $1,259,609 in Springfield to the lowest home value of $160,000 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 2 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 0.04% 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 $610,517 in Springfield to the lowest value of $540,000 in Springfield.
Homes for Sale
Homes and properties that are actively listed for sale account for 2.07% of residential properties in 07081 with Springfield containing 102 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 $1,794,564 in Springfield to the lowest value of $232,188 in Springfield.
    Sold Homes
    The median value for recently sold homes ranges from $1,359,825 in Springfield to the lowest price of $255,864 in Springfield. There is 1 cities within 07081. Springfield has 86 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.75% of properties in 07081.

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