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Salem, NJ Condo for Sale
Why Live in Salem



Salem is a historic neighborhood surrounded by the Salem River, known for its diverse housing options ranging from duplexes and Victorian homes to newer traditional styles. Homes typically date from 1910 to 1950, offering one and two-story options on smaller lots that foster community interaction. The area features shaded sidewalks perfect for leisurely strolls and neighborly chats. While home prices vary from $75,000 to $300,000, the market has seen a slight slowdown, with more investors than buyers currently active. Salem's attractions include Supawna Meadows Wildlife Refuge, a 2,800-acre haven for trails, wildlife, and seasonal activities like hunting and fishing. Fort Mott State Park offers shoreline paths, a World War I fort, and seasonal activities such as sledding and cross-country skiing. Dining options are abundant, with Pats Pizza & Bistro and Ella's Mama Mia's Restaurant serving Italian classics, while Salem Oak Diner offers a retro dining experience. Shopping enthusiasts can explore Downtown Salem's boutiques and Fenwick Plaza, adorned with local murals. History buffs will appreciate the Salem Historic District, featuring Market Street's 44 buildings, including the Old Salem County Courthouse and Ford's Hotel.
Home Trends in Salem, NJ
On average, homes in Salem, NJ sell after 59 days on the market compared to the national average of 50 days. The median sale price for homes in Salem, NJ over the last 12 months is $165,000, up 18% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$165,000
Median Single Family Sale Price
$170,000
Median Townhouse Sale Price
$205,000
Median 2 Bedroom Sale Price
$121,000
Average Price Per Sq Ft
$131
Number of Homes for Sale
18
Last 12 months Home Sales
49
Months of Supply
4.40
Median List Price
$167,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
18%