Salem County Real Estate Market Extends Downward Trend in Contracts

Sales rose in the Salem County market to 53 homes sold over the last 30 days. But the market is also under an emerging downward trend in the number of contracts closing, with this week's number falling to 59. Potential buyers should note that prices went up in Salem County, with the median for this period rising from $68,000 to $99,900. Despite the uptick in sales, there are still 11 months of inventory left to work through, meaning Salem County is still a solid buyer's market.

Trying to find a home in Salem County that offers more bedrooms? Then check out these listings that provide the most bedrooms in the area:

$519K   $895K   $359K  

Get started right now by checking out Salem County homes for sale or reviewing Salem County real estate trends.

Demographic facts about Salem County:

  • The average elevation is 45 ft.
  • The median income for the homes in this area is $57,609.
  • The student-to-counselor ratio is 494:1. (513:1 = national average)

Data reported through 10/12/2016

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Keller Williams Realty
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