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…
Salem County is cooling and undervalued — very affordable for what people here earn.
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
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 →
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?
Are home prices in Salem County rising or falling?
Is Salem County affordable?
What is the rental yield in Salem County?
How fast do homes sell in Salem County?
| Year | Median 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 |