07081 Home Values & Market Trends
There are 126 homes currently listed for 07081. 07081 real estate market trends show that home prices range from $299,000 to $1,550,000, and the median sales price in the 07081 zip code is $722,456. The total number of properties sold within the past twelve months is 215. In 07081, 34 properties are in foreclosure, 0 are bank owned properties,and 3 are headed for auction.
07081 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Springfield | $ 722,456 $ 390/sqft |
Housing Market Summary for 07081
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $679.9K | $729K | 7.22% |
| Median Sold Price | $701.2K | $583.8K | -16.74% |
| Homes For Sale | 71 | 127 | 78.87% |
| Homes Sold | 93 | 53 | -43.01% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in 07081
Browse Homes in 07081
The median list price of a home in Springfield, is $722,456. A total of 126 properties are for sale, and the percentage of properties for sale in the zip code is 126.00%. The total count of 07081 properties is 246.
- Pre-ForeclosurePre-foreclosure homes account for 12.60% of all residential properties in 07081 with springfield containing 31 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 $1,239,821 in springfield to the lowest home value of $160,000 in springfield.
- Bank OwnedThe 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.
- Auctionsspringfield has 3 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 1.22% 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 $583,693 in springfield to the lowest value of $506,964 in springfield.
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More Real Estate Resources for 07081
Guide for 07081
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
