Springfield-Belmont, NJ Housing Market

The Springfield-Belmont housing market is somewhat competitive. The median sale price of a home in Springfield-Belmont was $310K last month, down 16.2% since last year.

Trends
Demand
Schools
Climate
Transportation

Springfield-Belmont Housing Market Trends

What is the housing market like in Springfield-Belmont today?

In December 2024, Springfield-Belmont home prices were down 16.2% compared to last year, selling for a median price of $310K.

$325K

Sale Price

+16.1%
since last year

$338

Sale $/Sq. Ft.

Over List Price

3.6%

Days on Market

106

Down Payment

11.9%

Total Homes Sold

To compare other locations to the Springfield-Belmont and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Newark add value to a home.

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How hot is the Springfield-Belmont housing market?

Springfield-Belmont is somewhat competitive. Homes sell in 106 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 4% above list price and go pending in around 106 days.
Hot homes
can sell for about 5% above list price and go pending in around 28 days.

Compare With Nearby Neighborhoods

Irvington

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 5% above list price and go pending in around 32 days.
Hot homes
can sell for about 12% above list price and go pending in around 19 days.

Orange

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% above list price and go pending in around 95 days.
Hot homes
can sell for about 7% above list price and go pending in around 36 days.

See more nearby cities and neighborhoods

View houses in Springfield-Belmont that sold recently

Recently sold homes

SOLD DEC 31, 2024
$432,500
—beds
—baths
2,156 sq ft
312 Bergen St, Newark, NJ 07103
List Price
—
Sale to List
—
Days on Market
—
312 Bergen St, Newark, NJ 07103
SOLD DEC 13, 2024
$325,000 Last Sold Price
3 beds
1.5 baths
—sq ft
82 Irvine Turner Blvd, Newark City, NJ 07103-2946
List Price
$324,999
Sale to List
0% over list
Days on Market
71 days
82 Irvine Turner Blvd, Newark City, NJ 07103-2946
SOLD NOV 7, 2024
$310,000 Last Sold Price
3 beds
1.5 baths
—sq ft
9 Martha Ct #505, Newark City, NJ 07103-3386
List Price
$285,000
Sale to List
9% over list
Days on Market
108 days
9 Martha Ct #505, Newark City, NJ 07103-3386
SOLD NOV 7, 2024
$310,000 Last Sold Price
3 beds
1.5 baths
—sq ft
9 Martha Ct, Newark, NJ 07103
Keller Williams Elite Realtors, LLC Outside Office
List Price
$285,000
Sale to List
9% over list
Days on Market
108 days
9 Martha Ct, Newark, NJ 07103
SOLD SEP 30, 2024
$430,000
—beds
—baths
2,734 sq ft
280 Hunterdon St #4, Newark, NJ 07103
List Price
—
Sale to List
—
Days on Market
—
280 Hunterdon St #4, Newark, NJ 07103
SOLD SEP 20, 2024
$500,000 Last Sold Price
6 beds
3.5 baths
—sq ft
280 Hunterdon St, Newark, NJ 07103
Signature Realty NJ LLC Lifestyle International Realty
List Price
$499,000
Sale to List
0% over list
Days on Market
56 days
280 Hunterdon St, Newark, NJ 07103
SOLD SEP 20, 2024
$430,000 Last Sold Price
3 beds
4 baths
—sq ft
280 1/2 Hunterdon St, Newark, NJ 07103
Signature Realty NJ LLC Lifestyle International Realty
List Price
$425,000
Sale to List
1% over list
Days on Market
53 days
280 1/2 Hunterdon St, Newark, NJ 07103
SOLD AUG 22, 2024
$525,000 Last Sold Price
3 beds
2.5 baths
—sq ft
181-A Court St Unit A, Newark City, NJ 07103
List Price
$550,000
Sale to List
5% under list
Days on Market
87 days
181-A Court St Unit A, Newark City, NJ 07103
See all recently sold homes in Springfield-Belmont.
See listings

Schools in Springfield-Belmont

Learn about schools in the Springfield-Belmont area

Elementary
Middle
High

GreatSchools Rating

5/10 Louise A. Spencer Elementary School Public • PreK-8	738 Students	3 reviews
5/10 Sir Isaac Newton Elementary School Public • PreK-1	57 Students	1 reviews
2/10 Cleveland Elementary School Public • PreK-8	418 Students	5 reviews
1/10 Quitman Street School Public • PreK-8	546 Students	4 reviews
1/10 Camden Street Elementary School Public • PreK-8	596 Students	1 reviews

Only showing 5 of 6 elementary schools.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Springfield-Belmont housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Springfield-Belmont.

Flood Factor - Minor

12% of properties are at risk of severe flooding over the next 30 years

Wind Factor - Major

100% of properties are at major risk of a severe wind event over the next 30 years

Heat Factor - Severe

100% of properties are at severe risk of heat over the next 30 years

Provided by First Street Foundation

Transportation in Springfield-Belmont

Learn about the walkability, bikeability, and transit-friendliness of Springfield-Belmont

80 / 100

Very Walkable

Walk Score®

73 / 100

Excellent Transit

Transit Score®

54 / 100

Bikeable

Bike Score®

More real estate resources for Springfield-Belmont

New Listings in Springfield-Belmont

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Springfield-Belmont, NJ Housing Market

Springfield-Belmont Housing Market Trends

How hot is the Springfield-Belmont housing market?

View houses in Springfield-Belmont that sold recently

Recently sold homes

Schools in Springfield-Belmont

GreatSchools Rating

Climate's impact on Springfield-Belmont housing

Flood Factor - Minor

Flood Factor

Fire Factor - Minimal

Fire Factor

Wind Factor - Major

Wind Factor

Wind likelihood over time

Heat Factor - Severe

Heat Factor

Transportation in Springfield-Belmont

Walk Score®

Transit Score®

Bike Score®

More real estate resources for Springfield-Belmont

New Listings in Springfield-Belmont

Zip Code Housing Markets

City Housing Markets

Nearby Neighborhood Housing Markets

Zip Code Listings

City Listings

Nearby Neighborhood Listings

Rentals