Elmer, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 102 transactions over the past year in Elmer. The median value for residential home transactions that occurred over the previous year is $327,926.22. The number of current listings in Elmer is 166, and the percentage of properties for sale in the city is 74.11%. Elmer, NJ currently has 58 properties in foreclosure, 0 bank owned properties, 5 properties headed for auction, and 166 properties for sale.
Elmer, NJ Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 08318 | $ 375,959 $ 219/sqft |
Housing Market Summary for Elmer, NJ
| Jul 2025 | July 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $387.5K | $312K | -19.49% |
| Median Sold Price | $304.4K | $312K | 2.49% |
| Homes For Sale | 71 | 180 | 153.52% |
| Homes Sold | 60 | 42 | -30.00% |
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 Elmer, NJ
Browse Homes in Elmer, NJ
Elmer home values range from $79,900 to $1,625,794. The median estimated value of a home in Elmer is $327,926.22. The median list price of a home is 353,500, and the total count of properties in the city is 3,492.
- Pre-ForeclosurePre-foreclosure homes account for 1.52% of all residential properties in Elmer, NJ with 08318 containing 54 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Elmer, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $822,158 in 08318 to the lowest home value of $99,176 in 08318.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Elmer, NJ 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 Elmer, NJ. There is 1 zips within Elmer, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions08318 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Elmer, NJ. Auction homes and other auction properties account for 0.14% of all properties in Elmer, NJ. There is 1 zips within Elmer, NJ; of that zips, the median estimated home value for homes going to auction ranges from $619,260 in 08318 to the lowest value of $218,770 in 08318.