Salem County Real Estate Market Trends | MikeSellsNJ
By Mike Lentz | The Mike Lentz Team - Keller Williams Realty
What is the Salem County real estate market like right now?

Closed sales in the Salem County real estate market fell 27.5% in September 2026 compared to a year earlier, while the median sale price rose to $270,900. Homes in this part of New Jersey took a median of 40 days to sell, up from 24 days last September, reflecting a cooler pace.

Latest Snapshot: Salem County (September 2026)

MetricLatestvs. a year ago
Median sale price$270,900▲ +2.2%
Closed sales58▼ −27.5%
Median days on market40▲ up from 24
Sold over list price25.9%▼ down from 37.5%
New listings99▼ −6.6%
Active inventory257▲ +10.3%
Pending sales91‒ about flat

Green ▲ / red ▼ show the direction of change versus the same month last year.

View the full Salem County market report (PDF) →

What This Means for Buyers in Salem County

Buyers in Salem County have more room to negotiate this fall, with active inventory up 10.3% to 257 listings. Only 25.9% of homes sold above list price, down from 37.5% a year ago, giving buyers more leverage on price and terms. With closed sales down sharply, less competition means more time to make a decision.

What This Means for Sellers in Salem County

Sellers should expect homes to sit longer, since the median time on market climbed to 40 days from 24 a year ago. Even so, the median sale price of $270,900 is up 2.2% year over year, so pricing correctly still pays off. Pricing in line with recent sales remains the best way to attract offers quickly.

How the Salem County Real Estate Market Has Been Trending

Salem County’s market has slowed compared to last year, with fewer closed sales and listings sitting longer. Prices continue to inch upward even as the pace of sales cools. Inventory has grown steadily, giving buyers more options than they had in recent years.

Salem County Towns We Serve

We work throughout Salem County, including Salem City, Pennsville, Carneys Point, Penns Grove, Woodstown, Pilesgrove, Pittsgrove, Elmer, Quinton, and Alloway.

Other South Jersey County Markets

Compare Salem County with the other markets we cover: Gloucester County, Camden County, Burlington County, Cumberland County.

Salem County Real Estate Market FAQ

Is Salem County a buyer’s or seller’s market?

The Salem County market currently favors buyers slightly, with rising inventory and fewer homes selling above list price, though steady price growth keeps it fairly balanced.

What is the median home price in Salem County?

As of September 2026, the median sale price is $270,900, up 2.2% year over year.

How fast do homes sell in Salem County?

The median time on market is 40 days, up from 24 a year ago.

Thinking about buying or selling in Salem County?

Schedule a Call With Our Team

Full September 2026 Market Chart

Salem County, New Jersey real estate market trends, September 2026

This page is updated monthly as new county data is released. Last updated: based on September 2026 closed-sales data.

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