Springfield, Union County, NJ Housing Trends, Rent, Price-to-Rent

Market Summary

Springfield, Union County, NJ

Median Home Price Price

$689,082 $689.1K

Median Monthly Rent Rent

$2,903 $2.9K

GRM

20.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Springfield, NJ is $2,903, with MoM change +$33 and YoY change +$288 pointing to positive momentum while volatility is low (std $75).

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Metric

Base market Springfield, NJ

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Delta vs base

Median rent

$2,903

N/A

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Median price

$689,082

N/A

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YoY change

+$288

N/A

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Price-to-rent

19.8x

Data unavailable

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