The Salem County real estate market held steady in September with 73 closed sales, edging up from 70 transactions last year across Pennsville, Carneys Point, and rural communities throughout New Jersey’s least populated county.
View Full Salem County Market Report (PDF)
What September Meant for Buyers in Salem County
Favorable conditions continued for buyers in Woodstown, Pilesgrove, and Elmer. The Salem County real estate market remained balanced with just 38.4% of homes selling at or above list price, down from 44.3% last September. Properties averaged 23 days on market, giving you time for thorough inspections and negotiations. The median price rose modestly to $270,000 from $260,000 last year. Active inventory stayed healthy at 233 listings, providing solid options from Alloway to Quinton.
Seller Highlights from September in Salem County
Sellers in Oldmans Township and Upper Pittsgrove maintained their footing despite market headwinds. Remarkably, 30.1% of homes sold exactly at asking price, up from 24.3% last year, showing buyers recognized fair value. New listings held perfectly flat at 91 properties, matching last September exactly. This stability in areas like Mannington and Lower Alloways Creek helped prevent oversupply while pending sales increased to 91 from 82.
Key Takeaways:
- Steady market with 73 sales and $270,000 median price, up 3.8% year-over-year in a controlled pace
- Balanced conditions persist with only 38% selling at/above list and 23-day average market time
- Flat new listings and increased pending sales suggest stable conditions ahead for both buyers and sellers
Related Market Reports:
Compare Salem County’s performance with other South Jersey markets:
- Camden County Market Recap for September 2025
- Burlington County Market Recap for September 2025
- Gloucester County Market Recap for September 2025
- Cumberland County Market Recap for September 2025
See how the market has evolved: Salem County Market Recap for August 2025
