Market Summary

Springfield Township, Burlington County, NJ

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Median Home Price Price

$510,219 $510.2K

Median Monthly Rent Rent

$1,687 $1.7K

GRM

25.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Burlington County

Region Price Rent GRM Display
Southampton Township
$420,482 $1,703 21.0x
Moorestown Township
$723,350 $1,696 36.0x
Mansfield Township
$495,609 $1,710 24.0x
Evesham Township
$477,122 $1,765 22.0x
Pemberton Township
$330,433 $1,767 16.0x
Delran Township
$421,458 $1,737 20.0x
North Hanover Township
$532,971 $1,729 26.0x
Cinnaminson Township
$435,603 $1,720 21.0x
Eastampton Township
$463,787 $1,744 22.0x
Tabernacle Township
$497,477 $1,731 24.0x
Shamong Township
$539,050 $1,702 26.0x
Hainesport Township
$503,999 $1,728 24.0x
Riverton
$446,808 $2,460 15.0x
Lumberton Township
$475,871 $1,742 23.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NJ outside of Burlington County

Region Price Rent GRM Display
Woodbine, Cape May County, NJ
$316,798 $1,344 20.0x
Park Ridge, Bergen County, NJ
$793,758 $2,885 23.0x
Waterford Works, Camden County, NJ
$349,244 $1,757 17.0x
Maywood, Bergen County, NJ
$642,565 $2,341 23.0x
Hawthorne, Passaic County, NJ
$597,576 $2,331 21.0x
Sussex, Sussex County, NJ
$430,147 $1,850 19.0x
Midland Park, Bergen County, NJ
$698,554 $2,369 25.0x
Laurel Springs, Camden County, NJ
$323,158 $1,757 15.0x
Monroeville, Salem County, NJ
$373,140 $1,869 17.0x
Mount Ephraim, Camden County, NJ
$293,410 $1,740 14.0x
North Arlington, Bergen County, NJ
$596,942 $2,210 22.0x
Atco, Camden County, NJ
$343,012 $1,445 20.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NJ

Region Price Rent GRM Display
Cohoes, Albany County, NY
$320,420 $1,654 16.0x
Waunakee, Dane County, WI
$548,133 $1,705 27.0x
Millerton, Dutchess County, NY
$438,404 $1,748 21.0x
Northbridge, Worcester County, MA
$485,438 $1,558 26.0x
Hopkinton, Merrimack County, NH
$527,281 $1,660 26.0x
Swansea, Bristol County, MA
$487,640 $1,543 26.0x
East Petersburg, Lancaster County, PA
$339,209 $1,690 17.0x
Forest Lake, Lake County, IL
$430,361 $1,846 19.0x
Dent, Otter Tail County, MN
$357,618 $1,683 18.0x
Mayfield Village, Cuyahoga County, OH
$366,973 $1,326 23.0x
Sutton, Worcester County, MA
$611,647 $1,536 33.0x
Homer Glen, Will County, IL
$489,782 $2,229 18.0x
Dudley, Worcester County, MA
$441,485 $1,537 24.0x
Winchendon, Worcester County, MA
$378,059 $1,581 20.0x
Waynesville, Warren County, OH
$450,498 $1,643 23.0x
Pawtucket, Providence County, RI
$381,480 $1,526 21.0x
Chippewa Falls, Chippewa County, WI
$319,829 $1,191 22.0x
Agawam, Hampden County, MA
$341,959 $1,631 17.0x
Berkeley, Cook County, IL
$278,439 $1,775 13.0x
Middleton, Dane County, WI
$564,929 $1,803 26.0x
Rochester, Racine County, WI
$388,017 $1,461 22.0x
Holden, Penobscot County, ME
$331,134 $1,665 17.0x
Albany, Albany County, NY
$305,904 $1,663 15.0x
Andersonville, Anderson County, TN
$366,854 $1,607 19.0x
Hartford, Washington County, WI
$351,154 $1,389 21.0x

Home prices

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Monthly rent

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GRM

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Springfield Township

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Trend Insights

Median Rent in Springfield Township, NJ is $1,687, with MoM change +$16 and YoY change +$123 pointing to positive momentum while volatility is low (std $31).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Springfield Township, NJ.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Springfield Township, NJ
Compare market Select a market
Delta vs base
Median rent
$1,687
N/A
—
Median price
$510,219
N/A
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YoY change
+$123
N/A
—
Price-to-rent
25.2x
Data unavailable
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