Salem County real estate market showed resilience with closed sales up 4.8% and pending sales climbing 12.4% year over year. The median price reached $265,000 with modest 1.9% growth, while days on market extended to 35 from 15 in this New Jersey county.
Latest Snapshot: Salem County (May 2026)
| Metric | Latest | vs. a year ago |
|---|---|---|
| Median sale price | $265,000 | ▲ +1.9% |
| Closed sales | 65 | ▲ +4.8% |
| Average days on market | 35 | ▲ up from 15 |
| Sold over list price | 43.1% | ▼ down from 61.3% |
| New listings | 95 | ▼ −24.6% |
| Active inventory | 205 | ▲ +5.5% |
| Pending sales | 100 | ▲ +12.4% |
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
Salem County offers buyers more negotiating power with only 43.1% of homes selling over asking versus 61.3% last year. While inventory increased modestly by 5.5%, homes are taking longer to sell at 35 days compared to 15 days previously, giving buyers more time to decide.
What This Means for Sellers in Salem County
Salem County sellers face a changed environment with homes taking 35 days to sell versus just 15 days last year. The median price gained a modest 1.9% to $265,000, and fewer properties command over-asking prices, though sales activity remains positive with a 4.8% increase.
How the Salem County Real Estate Market Has Been Trending
Salem County stands apart from regional trends with positive sales growth of 4.8% and rising pending sales up 12.4%. However, the market has cooled significantly with days on market more than doubling from 15 to 35 days, indicating a shift toward more balanced conditions.
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 shows a more balanced market with longer days on market but positive sales activity, benefiting both buyers and sellers differently.
What is the median home price in Salem County?
As of May 2026, the median sale price is $265,000, up 1.9% year over year.
How fast do homes sell in Salem County?
Homes average about 35 days on market, up from 15 a year ago.
Thinking about buying or selling in Salem County?
Schedule a Call With Our TeamFull May 2026 Market Chart
This page is updated monthly as new county data is released. Last updated: based on May 2026 closed-sales data.
