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Salem, NJ Real Estate & Property Data

Salem Real Estate Market Trends

Last Updated: September 20, 2025

Accurate and comprehensive real estate data is critical for insight into Salem, NJ 08079. ATTOM’s Salem real estate data is updated daily, and current market trends show that in Salem, NJ a total of 228 residential properties have sold over the past year. With a median home price of $230,000 in Salem and a total of 2 foreclosures. Get detailed property data for Salem, NJ instantly. ATTOM is your one-stop-shop for the Salem property reports and real estate data you need in Salem, NJ.

Salem Real Estate Market Trends

Get property data for any address in Salem, NJ or the country:

Total Residential Properties 3,813

Total Commercial Properties 208

Avg. Home Age (Single Family Home) 69 Years

Avg. Square Feet (Single Family Home) 1,680

Total 2025 Residential Sales (year-to-date) 125

% of Homes Seriously Underwater (Q3 2025) 4.62%

Total 2024 Residential Sales 208

% of Equity Rich Homes (Q3 2025) 27.48%

Effective 2024 Property Tax 2.07%

Total Foreclosure Filings (year-to-date) 24

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Salem, NJ 08079 Real Estate Overview

There were 228 residential properties sold in the past year in Salem, NJ 08079. The median home value in Salem, NJ 08079 is $191,800. There are a total of 3,813 residential properties in the 08079.

Median Sales Price i

$230,000

(Jul 2025)

+105.2%

year-over-year

y-o-y

July '25 Jul '25 $230,000
June '25 Jun '25 $213,750
May '25 May '25 $154,500
April '25 Apr '25 $285,000
March '25 Mar '25 $130,000
February '25 Feb '25 $167,500
January '25 Jan '25 $197,000
December '24 Dec '24 $210,000
November '24 Nov '24 $138,500
October '24 Oct '24 $163,000
September '24 Sep '24 $205,000
August '24 Aug '24 $149,900

Median Down Payment i

$77,344

(Jul 2025)

+1045.8%

year-over-year

y-o-y

July '25 Jul '25 $77,344
June '25 Jun '25 $28,750
May '25 May '25 $6,000
April '25 Apr '25 $23,374
March '25 Mar '25 $13,407
February '25 Feb '25 $8,500
January '25 Jan '25 $28,306
December '24 Dec '24 $15,000
November '24 Nov '24 $4,950
October '24 Oct '24 $20,000
September '24 Sep '24 $41,000
August '24 Aug '24 $7,083

Number of Homes Sold i

12

(Jul 2025)

-45.5%

year-over-year

y-o-y

July '25 Jul '25 12
June '25 Jun '25 24
May '25 May '25 14
April '25 Apr '25 13
March '25 Mar '25 25
February '25 Feb '25 17
January '25 Jan '25 20
December '24 Dec '24 28
November '24 Nov '24 13
October '24 Oct '24 13
September '24 Sep '24 10
August '24 Aug '24 17

Number of Purchase Loans i

13

(Jul 2025)

year-over-year

y-o-y

July '25 Jul '25 13
June '25 Jun '25 18
May '25 May '25 11
April '25 Apr '25 14
March '25 Mar '25 20
February '25 Feb '25 13
January '25 Jan '25 16
December '24 Dec '24 25
November '24 Nov '24 10
October '24 Oct '24 14
September '24 Sep '24 7
August '24 Aug '24 12

Number of REFI Loans i

7

(Jul 2025)

+16.7%

year-over-year

y-o-y

July '25 Jul '25 7
June '25 Jun '25 11
May '25 May '25 13
April '25 Apr '25 17
March '25 Mar '25 14
February '25 Feb '25 9
January '25 Jan '25 8
December '24 Dec '24 11
November '24 Nov '24 5
October '24 Oct '24 12
September '24 Sep '24 9
August '24 Aug '24 9

Number of HELOC Loans i

5

(Jul 2025)

+400%

year-over-year

y-o-y

July '25 Jul '25 5
June '25 Jun '25 2
May '25 May '25 4
April '25 Apr '25 2
March '25 Mar '25 2
February '25 Feb '25 1
January '25 Jan '25 6
December '24 Dec '24 4
November '24 Nov '24 2
October '24 Oct '24 5
September '24 Sep '24 N/A
August '24 Aug '24 2

Salem, NJ 08079 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
2
3

Salem, NJ 08079 Foreclosure Activity

There were a total of 2 Salem, NJ 08079 properties with a foreclosure filing in July 2025.

Total Foreclosure Filings i

2

(Jul 2025)

-66.7%

year-over-year

y-o-y

July '25 Jul '25 2
June '25 Jun '25 4
May '25 May '25 4
April '25 Apr '25 3
March '25 Mar '25 5
February '25 Feb '25 1
January '25 Jan '25 5
December '24 Dec '24 1
November '24 Nov '24 N/A
October '24 Oct '24 3
September '24 Sep '24 N/A
August '24 Aug '24 4

Foreclosure Starts i

1

(Jul 2025)

-80%

year-over-year

y-o-y

July '25 Jul '25 1
June '25 Jun '25 1
May '25 May '25 4
April '25 Apr '25 2
March '25 Mar '25 4
February '25 Feb '25 1
January '25 Jan '25 1
December '24 Dec '24 1
November '24 Nov '24 N/A
October '24 Oct '24 2
September '24 Sep '24 N/A
August '24 Aug '24 1

Completed Foreclosures (REOs) i

July '25 Jul '25 N/A
June '25 Jun '25 1
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 1
February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A

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