Salem County, NJ Real Estate & Property Data

Salem County Real Estate Market Trends
Last Updated: May 02, 2024

With up-to-date real estate data get detailed insight into Salem County, NJ sourced from the nation’s leading property data provider. The current median home price in Salem County, NJ is $212,000. Salem County real estate data shows that there have been a total of 1,102 residential properties sold over the past 12 months. ATTOM’s Salem County real estate data indicates that the county has 17 properties in foreclosure.

Salem County Real Estate Market Trends
Total Residential Properties 21,730
Total Commercial Properties 1,139
Avg. Home Age (Single Family Home) 61 Years
Avg. Square Feet (Single Family Home) 1,718
Total 2024 Residential Sales (year-to-date) 192
% of Homes Seriously Underwater (Q2 2024) 1.54%
Total 2023 Residential Sales 1,052
% of Equity Rich Homes (Q2 2024) 34.57%
Effective 2023 Property Tax 2.4%
Total Foreclosure Filings (year-to-date) 46
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Salem County, NJ Real Estate Overview

There were 1,102 residential properties sold in the past year in Salem County, NJ. The median home value in Salem County, NJ is $249,100. There are a total of 21,730 residential properties in the Salem.

Median Sales Price i
$212,000
(Mar 2024)
+14.6%
year-over-year
y-o-y
  • March '24 Mar '24 $212,000
  • February '24 Feb '24 $245,000
  • January '24 Jan '24 $205,000
  • December '23 Dec '23 $240,000
  • November '23 Nov '23 $237,500
  • October '23 Oct '23 $259,900
  • September '23 Sep '23 $250,000
  • August '23 Aug '23 $244,500
  • July '23 Jul '23 $290,000
  • June '23 Jun '23 $224,900
  • May '23 May '23 $227,450
  • April '23 Apr '23 $205,000
Median Down Payment i
$12,500
(Mar 2024)
-9.7%
year-over-year
y-o-y
  • March '24 Mar '24 $12,500
  • February '24 Feb '24 $8,678
  • January '24 Jan '24 $13,700
  • December '23 Dec '23 $33,690
  • November '23 Nov '23 $32,500
  • October '23 Oct '23 $36,500
  • September '23 Sep '23 $17,337
  • August '23 Aug '23 $27,536
  • July '23 Jul '23 $30,754
  • June '23 Jun '23 $13,995
  • May '23 May '23 $19,500
  • April '23 Apr '23 $11,375
Number of Homes Sold i
95
(Mar 2024)
-2.1%
year-over-year
y-o-y
  • March '24 Mar '24 95
  • February '24 Feb '24 39
  • January '24 Jan '24 58
  • December '23 Dec '23 47
  • November '23 Nov '23 94
  • October '23 Oct '23 77
  • September '23 Sep '23 89
  • August '23 Aug '23 116
  • July '23 Jul '23 89
  • June '23 Jun '23 107
  • May '23 May '23 105
  • April '23 Apr '23 89
Number of Purchase Loans i
90
(Mar 2024)
+15.4%
year-over-year
y-o-y
  • March '24 Mar '24 90
  • February '24 Feb '24 37
  • January '24 Jan '24 54
  • December '23 Dec '23 37
  • November '23 Nov '23 78
  • October '23 Oct '23 61
  • September '23 Sep '23 73
  • August '23 Aug '23 84
  • July '23 Jul '23 65
  • June '23 Jun '23 105
  • May '23 May '23 81
  • April '23 Apr '23 73
Number of REFI Loans i
71
(Mar 2024)
+26.8%
year-over-year
y-o-y
  • March '24 Mar '24 71
  • February '24 Feb '24 44
  • January '24 Jan '24 72
  • December '23 Dec '23 53
  • November '23 Nov '23 50
  • October '23 Oct '23 80
  • September '23 Sep '23 75
  • August '23 Aug '23 73
  • July '23 Jul '23 56
  • June '23 Jun '23 61
  • May '23 May '23 71
  • April '23 Apr '23 49
Number of HELOC Loans i
12
(Mar 2024)
+9.1%
year-over-year
y-o-y
  • March '24 Mar '24 12
  • February '24 Feb '24 11
  • January '24 Jan '24 20
  • December '23 Dec '23 11
  • November '23 Nov '23 14
  • October '23 Oct '23 13
  • September '23 Sep '23 14
  • August '23 Aug '23 22
  • July '23 Jul '23 12
  • June '23 Jun '23 17
  • May '23 May '23 19
  • April '23 Apr '23 12

Salem County, NJ Real Estate Market Overview

Last 30 days
  • City
    Median Est. Value
  • City
    Median Est. Value
  • City
    Median Est. Value

Salem County, NJ Foreclosure Activity

There were a total of 17 Salem County, NJ properties with a foreclosure filing in March 2024.

Total Foreclosure Filings i
17
(Mar 2024)
-19%
year-over-year
y-o-y
  • March '24 Mar '24 17
  • February '24 Feb '24 20
  • January '24 Jan '24 9
  • December '23 Dec '23 9
  • November '23 Nov '23 12
  • October '23 Oct '23 22
  • September '23 Sep '23 20
  • August '23 Aug '23 11
  • July '23 Jul '23 21
  • June '23 Jun '23 24
  • May '23 May '23 33
  • April '23 Apr '23 13
Foreclosure Starts i
11
(Mar 2024)
-26.7%
year-over-year
y-o-y
  • March '24 Mar '24 11
  • February '24 Feb '24 15
  • January '24 Jan '24 9
  • December '23 Dec '23 4
  • November '23 Nov '23 7
  • October '23 Oct '23 11
  • September '23 Sep '23 13
  • August '23 Aug '23 8
  • July '23 Jul '23 11
  • June '23 Jun '23 9
  • May '23 May '23 20
  • April '23 Apr '23 12
Completed Foreclosures (REOs) i
  • March '24 Mar '24 N/A
  • February '24 Feb '24 4
  • January '24 Jan '24 N/A
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 5
  • September '23 Sep '23 3
  • August '23 Aug '23 4
  • July '23 Jul '23 2
  • June '23 Jun '23 4
  • May '23 May '23 3
  • April '23 Apr '23 2
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