Salem County real estate market in New Jersey maintained stability throughout June, with communities like Pennsville, Carneys Point, and Upper Pittsgrove Township contributing to consistent transaction levels. The market demonstrated resilience despite broader regional trends.
View Full Salem County Market Report (PDF)
What June Meant for Buyers in Salem County
Buyers found a balanced marketplace in June, with 71 closed sales matching exactly last year’s total, showing remarkable market consistency. This stability was particularly notable in areas like Elsinboro Township and Quinton Township, where steady demand persisted throughout the month.
Home values showed strong appreciation with the median price reaching $290,000, up an impressive 9.4% from June 2024’s $265,000. Market conditions slightly favored buyers with homes spending 23 days on market compared to 22 days last year. Competition eased as 32.4% of properties sold over list price, down from last year’s 35.2%.
Seller Highlights from June in Salem County
Sellers benefited from steady market conditions and strong price appreciation, especially in sought-after communities like Alloway Township and Woodstown. The 14.5% increase from May’s 62 sales demonstrated positive seasonal momentum heading into summer.
New listings declined 23.0% year-over-year to 97 properties, creating a supply-favorable environment that supported seller pricing power across neighborhoods like Lower Alloways Creek Township and Mannington Township. Active inventory increased 13.3% to 213 homes, providing adequate selection while maintaining competitive conditions.
Key Takeaways:
- Sales volume held steady at 71 homes, matching 2024 levels exactly
- Strong median price growth of 9.4% to $290,000 reflects healthy appreciation
- Reduced new listings by 23% created favorable supply-demand balance for sellers
Related Market Reports:
Compare Salem County’s performance with other South Jersey markets:
- Burlington County Market Recap for June 2025
- Camden County Market Recap for June 2025
- Cumberland County Market Recap for June 2025
- Gloucester County Market Recap for June 2025
See how the market has evolved: Salem County Market Recap for May 2025
