08079 Home Values & Market Trends
There are 267 homes currently listed for 08079. 08079 real estate market trends show that home prices range from $30,000 to $1,400,000, and the median sales price in the 08079 zip code is $215,430.39. The total number of properties sold within the past twelve months is 200. In 08079, 41 properties are in foreclosure, 4 are bank owned properties,and 4 are headed for auction.
08079 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Salem | $ 195,908 $ 127/sqft |
Housing Market Summary for 08079
| Jun 2025 | June 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $180K | $240.1K | 33.39% |
| Median Sold Price | $134.2K | $240.1K | 78.98% |
| Homes For Sale | 23 | 258 | 1021.74% |
| Homes Sold | 140 | 54 | -61.43% |
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 $215,430.39. A total of 267 properties are for sale, and the percentage of properties for sale in the zip code is 86.69%. The total count of 08079 properties is 3,210.
- Pre-ForeclosurePre-foreclosure homes account for 1.03% of all residential properties in 08079 with Salem containing 33 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 $445,593 in Salem to the lowest home value of $85,725 in Salem.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 08079 ranges from the highest value of $165,987 in Salem to the lowest value of $89,900 in Salem. Bank owned homes and properties account for 0.12% of properties in 08079. There is 1 cities within 08079; Salem containing 4 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsSalem has 4 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 0.12% 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 $125,564 in Salem.