Salem County, NJ Home Values & Market Trends
The median home price in Salem County, NJ is $289,419.82. There were 901 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 $242,138.889. The number of current listings in Salem County, NJ is 1,281, and the percentage of properties for sale is 79.22%. The county has 336 foreclosures, 17 bank owned properties, 25 headed for auction, and 1,281 properties for sale.
Salem County, NJ Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Pennsville | $ 287,309 $ 198/sqft | Pittsgrove | $ 403,187 $ 338/sqft |
| Penns Grove | $ 235,878 $ 185/sqft | Carneys Point | $ 380,265 $ 304/sqft |
| Salem | $ 195,908 $ 127/sqft | Deepwater | $ 209,000 $ 241/sqft |
| Elmer | $ 362,484 $ 215/sqft | Lower Alloway Creek | $ 296,670 $ 226/sqft |
| Woodstown | $ 361,490 $ 219/sqft | Oldmans | $ 267,305 $ 298/sqft |
| Pilesgrove | $ 553,962 $ 239/sqft | Hancocks Bridge | $ -- $ -- |
| Pedricktown | $ 335,888 $ 213/sqft | ||
| Alloway | $ 279,043 $ 184/sqft | ||
| Quinton | $ 329,146 $ 191/sqft | ||
| Elsinboro | $ 270,041 $ 208/sqft |
Housing Market Summary for Salem County, NJ
| Jun 2025 | June 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $285K | $257.6K | -9.63% |
| Median Sold Price | $227K | $257.6K | 13.45% |
| Homes For Sale | 123 | 1,168 | 849.59% |
| Homes Sold | 636 | 251 | -60.53% |
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 $23,127 to $1,693,382. Pilesgrove is the priciest city with a median listing home price of $549,950, and Quinton is most affordable with average house prices of around $$[sub-market-agg-lowest-median-list-price].
- Pre-ForeclosurePre-foreclosure homes account for 1.46% of all residential properties in Salem County, NJ with Pennsville containing 83 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 16 cities within Salem County, NJ; of those cities, the estimated home value for pre-foreclosure homes ranges from $850,000 in Pilesgrove to the lowest home value of $85,725 in Salem.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Salem County, NJ ranges from the highest value of $354,316 in Pennsville to the lowest value of $89,900 in Salem. Bank owned homes and properties account for 0.08% of properties in Salem County, NJ. There are 16 cities within Salem County, NJ; Pennsville containing 8 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsPennsville has 9 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 0.12% of all properties in Salem County, NJ. There are 16 cities within Salem County, NJ; of those cities, the median estimated home value for homes going to auction ranges from $496,979 in Penns Grove to the lowest value of $125,564 in Penns Grove.