Salem County, NJ Home Values & Market Trends

The median home price in Salem County, NJ is $275,781. There were 1,054 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 $248,950. The number of current listings in Salem County, NJ is 1,233, and the percentage of properties for sale is 1233.00%. The county has 356 foreclosures, 6 bank owned properties, 32 headed for auction, and 1,233 properties for sale.

Salem County, NJ Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Pennsville

$ 285,000

$ 197/sqft

Pedricktown

$ 352,302

$ 213/sqft

Penns Grove

$ 241,161

$ 188/sqft

Alloway

$ 281,307

$ 175/sqft

Salem

$ 199,299

$ 124/sqft

Quinton

$ 337,133

$ 207/sqft

Elmer

$ 366,690

$ 215/sqft

Deepwater

$ 209,000

$ 241/sqft

Woodstown

$ 358,718

$ 220/sqft

Hancocks Bridge

$ --

$ --

Monroeville

$ 423,403

$ 219/sqft

Housing Market Summary for Salem County, NJ

Sep 2025September 2026Change
Median Listing Price$269.9K$265.9K-1.50%
Median Sold Price$249K$251.4K0.97%
Homes For Sale8131,21349.20%
Homes Sold394284-27.92%
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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%.

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Browse Homes in Salem County, NJ

Salem County, NJ home values range from $18,051 to $1,500,000. Monroeville is the priciest city with a median listing home price of $429,900, and Salem is most affordable with average house prices of around $192,500.

Foreclosure
There are 11 cities within Salem County, NJ; within these cities, the median estimated home value for homes in foreclosure ranges from $280,650 in Penns Grove to the lowest value of $53,645 in Penns Grove. Foreclosure homes account for 16.00% of properties in Salem County, NJ with Pennsville containing 101 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 14.42% of all residential properties in Salem County, NJ with Pennsville containing 85 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 11 cities within Salem County, NJ; of those cities, the estimated home value for pre-foreclosure homes ranges from $439,483 in Monroeville to the lowest home value of $53,645 in Penns Grove.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Salem County, NJ ranges from the highest value of $196,011 in Monroeville to the lowest value of $116,759 in Salem. Bank owned homes and properties account for 0.27% of properties in Salem County, NJ. There are 11 cities within Salem County, NJ; Pennsville containing 3 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Pennsville has 13 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 1.45% of all properties in Salem County, NJ. There are 11 cities within Salem County, NJ; of those cities, the median estimated home value for homes going to auction ranges from $374,900 in Alloway to the lowest value of $126,446 in Alloway.
Homes for Sale
Homes and properties that are actively listed for sale account for 55.92% of residential properties in Salem County, NJ with Pennsville containing 318 homes for sale, the highest number of listed properties in a single city. There are 11 cities within Salem County, NJ; homes for sale in those cities, have a range of median values from $709,033 in Quinton to the lowest value of $30,070 in Salem.
    Sold Homes
    The median value for recently sold homes ranges from $283,207 in Hancocks Bridge to the lowest price of $47,892 in Hancocks Bridge. There are 11 cities within Salem County, NJ. Pennsville has 65 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 11.79% of properties in Salem County, NJ.

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      Guide for Salem County, NJ

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.