Springfield Township Home Prices & Values

$309,800 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.8% 1-year change
  • 0.4% 1-year forecast

The median home value in Springfield Township is $309,800. Springfield Township home values have gone up 2.8% over the past year and Zillow predicts they will rise 0.4% within the next year. The median list price per square foot in Springfield Township is $181, which is higher than the Philadelphia Metro average of $132. The median price of homes currently listed in Springfield Township is $334,900 while the median price of homes that sold is $284,615. The median rent price in Springfield Township is $1,580, which is higher than the Philadelphia Metro median of $1,400.

Foreclosures will be a factor impacting home values in the next several years. In Springfield Township 5.7 homes are foreclosed (per 10,000). This is greater than the Philadelphia Metro value of 3.5 and also greater than the national value of 4.4

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Relative ZHVI
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Springfield Township Market Overview

Data through Jul 31, 2014
  • $309,800 ZHVI
  • 0.4% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $334,900 Median listing price
  • No recent data Median sale price
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Springfield Township Market Health

Data through Jul 31, 2014
  • 2.2/10 Less healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • No data Homes with negative equity (18.8% US Avg)
  • No data Delinquent on mortgage (7.2% US Avg)

Homes foreclosed (per 10,000)

5.7 homes(Dec 31, 2013) Springfield Township
3.5 homes Philadelphia Metro
4.4 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Fort Washington $482,100 Whitemarsh Township $366,800 Upper Dublin $329,100
Flourtown $317,000 Wyncote $313,600 Wyndmoor $287,100
Oreland $264,900 Glenside $241,000 Ambler $223,900

Listings & Sales

Data through Jul 31, 2014
  • $181 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 35.7% Listings with price cut
32.2%
Sold below listing
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Springfield Township Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$2,041 Springfield Township
$1,543 Philadelphia Metro
$1,318 United States
  • 4.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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