Salem County, NJ Home Values & Market Trends
The median home price in Salem County, NJ is $276,896.91. There were 991 home sales in Salem County, NJ over the past 12 months. The median residential Salem County, NJ home value for transactions over the previous year is $235,581.25. The number of current listings in Salem County, NJ is 1,094, and the percentage of properties for sale is 78.31%. The county has 303 foreclosures, 5 bank owned properties, 8 headed for auction, and 1,094 properties for sale.
Salem County, NJ Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Pennsville | $ 272,550 $ 185/sqft | Mannington | $ 205,000 $ 154/sqft |
| Penns Grove | $ 218,166 $ 177/sqft | Quinton | $ 282,200 $ 239/sqft |
| Salem | $ 155,600 $ 87/sqft | Deepwater | $ -- $ -- |
| Elmer | $ 327,000 $ 202/sqft | Hancocks Bridge | $ -- $ -- |
| Woodstown | $ 301,300 $ 185/sqft | ||
| Pilesgrove | $ 465,850 $ 207/sqft | ||
| Pedricktown | $ 237,000 $ 183/sqft | ||
| Alloway | $ 272,300 $ 171/sqft | ||
| Carneys Point | $ 217,800 $ 223/sqft | ||
| Pittsgrove | $ 335,500 $ 218/sqft |
Housing Market Summary for Salem County, NJ
| Mar 2025 | March 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $259.9K | $240.2K | -7.62% |
| Median Sold Price | $219.8K | $240.2K | 9.26% |
| Homes For Sale | 114 | 1,080 | 847.37% |
| Homes Sold | 618 | 245 | -60.36% |
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 Salem County, NJ
Browse Homes in Salem County, NJ
Salem County, NJ home values range from $56,120 to $628,700. Pilesgrove is the priciest city with a median listing home price of $525,000, and Quinton is most affordable with average house prices of around $$[sub-market-agg-lowest-median-list-price].
- Pre-ForeclosurePre-foreclosure homes account for 1.43% of all residential properties in Salem County, NJ with Pennsville containing 88 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 14 cities within Salem County, NJ; of those cities, the estimated home value for pre-foreclosure homes ranges from $619,900 in Pilesgrove to the lowest home value of $99,120 in Salem.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Salem County, NJ ranges from the highest value of $380,300 in Pennsville to the lowest value of $166,400 in Penns Grove. Bank owned homes and properties account for 0.02% of properties in Salem County, NJ. There are 14 cities within Salem County, NJ; Pennsville containing 2 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsElmer has 3 auction properties, the highest number of properties going to auction in a single city in the state of Salem County, NJ. Auction homes and other auction properties account for 0.04% of all properties in Salem County, NJ. There are 14 cities within Salem County, NJ; of those cities, the median estimated home value for homes going to auction ranges from $460,800 in Elmer to the lowest value of $191,300 in Elmer.