The Salem County real estate market in New Jersey saw the median sale price fall to $266,000 in August 2026, down 7.6% from a year ago. Closed sales dipped 4.4% to 65 homes, and properties spent a median of 26 days on market, three more than last August. Fewer buyers offered over asking price this month.
Latest Snapshot: Salem County (August 2026)
| Metric | Latest | vs. a year ago |
|---|---|---|
| Median sale price | $266,000 | ▼ −7.6% |
| Closed sales | 65 | ▼ −4.4% |
| Median days on market | 26 | ▲ up from 23 |
| Sold over list price | 27.7% | ▼ down from 42.6% |
| New listings | 91 | ▼ −2.2% |
| Active inventory | 252 | ▲ +5.4% |
| Pending sales | 81 | ▼ −3.6% |
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 month, with active inventory up 5.4% to 252 homes and only 27.7% of sales closing over list price, down from 42.6% a year ago. Pending sales slipped 3.6%, suggesting less competition for the homes that are available.
What This Means for Sellers in Salem County
Sellers should expect a longer wait, as homes now take a median of 26 days to sell, up from 23 days last August. The median sale price also softened to $266,000, a 7.6% drop from a year ago, so realistic pricing matters more than ever.
How the Salem County Real Estate Market Has Been Trending
Salem County has cooled compared to last summer, with fewer closed sales and a lower median price than August 2025. New listings also declined slightly, even as active inventory climbed, giving buyers a bit more selection.
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?
Salem County is leaning toward a buyer’s market right now, with rising inventory and fewer homes selling over list price.
What is the median home price in Salem County?
As of August 2026, the median sale price is $266,000, down 7.6% year over year.
How fast do homes sell in Salem County?
The median time on market is 26 days, up from 23 a year ago.
Thinking about buying or selling in Salem County?
Schedule a Call With Our TeamFull August 2026 Market Chart
This page is updated monthly as new county data is released. Last updated: based on August 2026 closed-sales data.
