Salem County, NJ Average Home Price (2026)
The average home price in Salem County, New Jersey is about $322,000 (the 2026 median across 8 ZIP codes, at ~$199/sq ft) — 44% more affordable than the New Jersey median and 11% more expensive than the typical U.S. home.
How Salem County compares
Salem County is about average for housing nationally: its typical home costs $322,000 against $573,000 for New Jersey and $289,000 for the U.S. Within the county, ZIP-level values run from about $235,000 to $402,000.
| Area | Typical value | $ / sq ft |
|---|---|---|
| Salem County | $322,000 | $199 |
| New Jersey | $573,000 | $327 |
| United States | $289,000 | $193 |
Salem County home prices by ZIP code
The 8 most valuable ZIP codes in Salem County (of 8 with data):
| ZIP code | Typical value | $ / sq ft | vs county |
|---|---|---|---|
| 08098 Woodstown | $402,000 | $199 | +25% |
| 08343 Monroeville | $390,000 | $245 | +21% |
| 08318 Elmer | $351,000 | $199 | +9% |
| 08067 Pedricktown | $344,000 | $205 | +7% |
| 08001 Alloway | $300,000 | $265 | -7% |
| 08070 Pennsville | $277,000 | $198 | -14% |
| 08069 Carneys Point | $244,000 | $181 | -24% |
| 08079 Salem | $235,000 | $113 | -27% |
Home value appreciation in Salem County
Home prices in Salem County have risen about 79% over the last 10 years (≈6.0% a year) and +62.5% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +4.6% — still rising. A home worth $322,000 today was worth roughly $179,888 ten years ago.
See where that trend takes a specific home with the home appreciation calculator — statewide, New Jersey is +87.7% over the same 10 years. Past appreciation is a track record, not a forecast; local prices can fall.
Calculators for Salem County
Run the numbers for Salem County with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in Salem County
To buy the typical $322,000 home in Salem County with 20% down, you need a household income of roughly $88,000 a year (about $2,040 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $104,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $16,100 | $2,540/mo | $109,000/yr |
| 10% (+PMI) | $32,200 | $2,430/mo | $104,000/yr |
| 20% | $64,400 | $2,040/mo | $88,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in Salem County
At about $199 per square foot, here is roughly how much home different budgets get you in Salem County:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 750 sq ft | below the local median — condos, smaller or older homes |
| $200k | 1010 sq ft | below the local median — condos, smaller or older homes |
| $250k | 1260 sq ft | below the local median — condos, smaller or older homes |
| $300k | 1510 sq ft | around the typical home here |
| $400k | 2010 sq ft | around the typical home here |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to New Jersey.
Estimate a specific home in Salem County
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Salem County home prices: frequently asked
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Browse all New Jersey cities and counties, or look up price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research; FHFA house price index; Census ZIP-to-county relationships), not appraisals.