Springfield township, NJ Housing

The housing in Springfield township (Union County), NJ is quite expensive with a median value of $610,500 and much higher than the US median value of $338,100. The 1 year house appreciation in Springfield township has also been higher than the US average, at 10.07%, compared to 8.27% across the country. This suggests that homeowners are well rewarded for investing in property in this area of New Jersey.

The median home cost in Springfield township is $610,500. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Springfield township is up 13.9%.

Average Age of Homes

- The median age of Springfield township real estate is 57 years old

The Rental Market in Springfield township

- Renters make up 33.6% of the Springfield township population
- 0.7% of houses and apartments in Springfield township, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Springfield township, New Jersey	United States
	6,763.0	139,647,020.0
	59	42
	$610,500	$338,100
	13.9%	16.6%
	43.7%	57.0%
	66.2%	101.1%
	$30.04	$10.98
	$10,001	$2,690
	63.3%	57.4%
	3.4%	11.2%
	33.3%	31.4%
Vacant Housing
	0.7%	1.9%
	0.0%	0.4%
	0.4%	0.7%
	0.0%	0.4%
	0.5%	3.6%
	1.8%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.4%	2.4%
	0.2%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.4%	11.3%
	0.8%	13.0%
	6.0%	20.1%
	20.5%	13.6%
	33.9%	8.3%
	31.5%	9.7%
	6.0%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.0%	13.6%
	7.0%	13.6%
	8.5%	13.6%
	8.5%	13.2%
	6.1%	14.8%
	8.5%	13.6%
	29.3%	10.0%
	8.9%	4.7%
	9.1%	12.2%

Reviews for Springfield township

See all (0)

Write a Review

Start Your Review of Springfield township

Commute

Compare Springfield township, NJ
cost of living

Compare food, housing, utilities, and more in Springfield township, New Jersey to any other city in the US.

Compare now

The premier source for comprehensive city data for over 30 years.

��