08079 Home Values & Market Trends
There are 252 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 $212,294.21. The total number of properties sold within the past twelve months is 214. In 08079, 45 properties are in foreclosure, 1 are bank owned properties,and 2 are headed for auction.
08079 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Salem | $ 194,553 $ 129/sqft |
Housing Market Summary for 08079
| Jul 2025 | July 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $200K | $229K | 14.49% |
| Median Sold Price | $134.6K | $229K | 70.12% |
| Homes For Sale | 112 | 273 | 143.75% |
| Homes Sold | 99 | 55 | -44.44% |
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 $212,294.21. A total of 252 properties are for sale, and the percentage of properties for sale in the zip code is 84.85%. The total count of 08079 properties is 3,210.
- Pre-ForeclosurePre-foreclosure homes account for 1.31% of all residential properties in 08079 with Salem containing 42 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 $444,186 in Salem to the lowest home value of $79,102 in Salem.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 08079 ranges from the highest value of $87,651 in Salem to the lowest value of $87,651 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 2 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 0.06% 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 $200,000 in Salem to the lowest value of $126,848 in Salem.