08079 Home Values & Market Trends
There are 229 homes currently listed for 08079. 08079 real estate market trends show that home prices range from $37,500 to $1,400,000, and the median sales price in the 08079 zip code is $206,179.5. The total number of properties sold within the past twelve months is 215. In 08079, 42 properties are in foreclosure, 1 are bank owned properties,and 1 are headed for auction.
08079 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Salem | $ 155,600 $ 87/sqft |
Housing Market Summary for 08079
| Mar 2025 | March 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $200K | $180K | -10.00% |
| Median Sold Price | $123.5K | $180K | 45.69% |
| Homes For Sale | 25 | 224 | 796.00% |
| Homes Sold | 131 | 57 | -56.49% |
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 08079
Browse Homes in 08079
The median list price of a home in Salem, is $206,179.5. A total of 229 properties are for sale, and the percentage of properties for sale in the zip code is 84.50%. The total count of 08079 properties is 3,415.
- Pre-ForeclosurePre-foreclosure homes account for 1.17% of all residential properties in 08079 with Salem containing 40 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 08079; of that cities, the estimated home value for pre-foreclosure homes ranges from $528,400 in Salem to the lowest home value of $99,120 in Salem.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 08079 ranges from the highest value of $204,300 in Salem to the lowest value of $204,300 in Salem. Bank owned homes and properties account for 0.03% of properties in 08079. There is 1 cities within 08079; Salem containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsSalem has 1 auction properties, the highest number of properties going to auction in a single city in the state of 08079. Auction homes and other auction properties account for 0.03% of all properties in 08079. There is 1 cities within 08079; of that cities, the median estimated home value for homes going to auction ranges from $191,300 in Salem to the lowest value of $191,300 in Salem.