Real Estate Price Maphome prices by county

Salem County, NJ home prices

Salem County, NJ: the typical home is worth $297,535 as of 2026-05, up +1.7% over the past year and +187.5% since 2000. Listings run about $183/sq ft…

Data as of · by the Real Estate Price Map data team · methodology & sources

Salem County is cooling and undervalued — very affordable for what people here earn.

Momentum+1.7%Cooling
Valuation-11%Undervalued
Affordability9/10Very affordable
Market49 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1978: $34,259 → 2026: $297,535 (8.7×) pre-2000 estimated via FHFA index

Typical value$297,5352026-05
1-year+1.7%
5-year+39.4%
10-year+77.9%
Since 2000+187.5%
Population65k2024
Median income$84,0082023 · 3.5× income
Median rent$1,705/mo2026 · 6.9% gross yield
New homes/yr642024
Price / sq ft$183listings
Days on market492026-06
Active listings2012026-06
Price cuts20%of listings

Market read

At $297,535, homes in Salem County sit 49% below the New Jersey median ($587,181) and 27% above the US median ($233,954). That ranks #20 of 21 New Jersey counties by price.

Prices are holding steady (+1.7% in the last year) — a balanced market.

Homes here move at a steady pace — a median 49 days on the market, with 20% of listings cutting their asking price.

At 3.5× local income, that's more affordable than the typical US county (~3.8×).

Prices here sit roughly in line with what local incomes and rents imply at the typical US multiple.

Buying looks cheaper than renting — ~$1,469/mo to buy (P&I, 20% down) vs $1,705/mo to rent.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Gloucester County, NJ ($384,723) · New Castle County, DE ($372,586) · Cumberland County, NJ ($278,798) · Delaware County, PA ($369,653) · Camden County, NJ ($357,651) · Cecil County, MD ($384,991)

Frequently asked questions

What is the average home price in Salem County, NJ?
The typical home in Salem County is worth $297,535 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Salem County rising or falling?
Prices are up +1.7% over the past year and +187.5% since 2000 — a balanced market.
Is Salem County affordable?
At 3.5× the local median income of $84,008, Salem County is more affordable than the typical US county.
What is the rental yield in Salem County?
Median rent is $1,705/mo — a gross rental yield of 6.9% on the typical home.
How fast do homes sell in Salem County?
Homes here take a median of 49 days to sell, with 20% of listings cutting their asking price.
Median home value by year
YearMedian home value
2000$103,493
2001$110,564
2002$120,196
2003$131,951
2004$145,927
2005$145,063
2006$174,184
2007$189,243
2008$198,142
2009$184,845
2010$174,347
2011$169,176
2012$162,568
2013$163,350
2014$165,296
2015$165,757
2016$165,791
2017$166,281
2018$169,031
2019$162,174
2020$173,110
2021$197,881
2022$232,967
2023$250,372
2024$273,878
2025$288,796
2026$292,824