Salem County’s real estate market surprised everyone in October with 70 closed sales, a remarkable 62.8% surge from last year’s 43 transactions. This dramatic increase across Pennsville, Carneys Point, and rural communities marked the strongest growth among all New Jersey South Jersey counties.
View Full Salem County Market Report (PDF)
What October Meant for Buyers in Salem County
Competition intensified unexpectedly for buyers in Woodstown, Pilesgrove, and Elmer. The Salem County real estate market saw 41.4% of homes selling at or above list price, up sharply from just 23.3% last October. Properties took longer to sell at 36 days versus 30 days last year, suggesting more selective buyer behavior. The median price held steady at $260,000, up 6.1% from $245,000. Active inventory stayed virtually flat at 246 listings versus 245, limiting options from Alloway to Quinton despite increased sales activity.
Seller Highlights from October in Salem County
October brought unexpected rewards for sellers in Oldmans Township and Upper Pittsgrove. While only 14.3% of homes sold exactly at asking price (down from 41.9% last year), the surge in closed sales meant faster market clearing. New listings dropped to 85 from 96 last October. Pending sales jumped to 88 from 78, suggesting strong momentum continuing into November in areas like Mannington and Lower Alloways Creek.
Key Takeaways:
- Sales exploded 63% to 70 homes, the highest percentage gain in the region, with median price at $260,000
- Competition returned with 41% selling at/above list price, up dramatically from 23% last year
- Despite longer market times at 36 days, the sales surge signals renewed interest in Salem County properties
Related Market Reports:
Compare Salem County’s performance with other South Jersey markets:
- Burlington County Market Recap for October 2025
- Camden County Market Recap for October 2025
- Cumberland County Market Recap for October 2025
- Gloucester County Market Recap for October 2025
See how the market has evolved: Salem County Market Recap for September 2025
