Salem Housing Information - Census

IndexSalemNew JerseyNational
Median home price$115,100$319,900$175,700
Median rent asked$850$1,188$920
Avg. people per household2.52.72.6
Owner occupied households33.7%65.0%64.4%
Renter occupied households66.3%35.0%35.6%

Salem Housing Information - Zillow

IndexSalemNew JerseyNational
Zillow home value index$74,100$304,100$196,500
Year over year appreciation rate-14.24%5.19%6.79%
5 year average appreciation rate-4.44%2.97%5.28%
10 year average appreciation raten/a-1.75%0.01%

Did you know?

  • The median home price in Salem is 34% lower than the national average.
  • The median rent asked in Salem is 8% lower than the national average.
  • The average number of people per household in Salem is 4% lower than the national average.
  • The number of owner occupied households in Salem is 48% lower than the national average.
  • The number of renter occupied households in Salem is 86% higher than the national average.

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Compare Salem, NJ Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Seabrook Farms, NJ995$87,30050%
Bridgeton, NJ25,252$108,10038%
Penns Grove, NJ5,082$118,00033%
Fairton, NJ1,182$123,20030%
Shiloh, NJ579$151,00014%
Salem, NJ5,045$115,10034%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Flora, IL5,045$75,00057%
Wapato, WA5,043$102,20042%
Harlan, IA5,047$93,80047%
Sheldon, IA5,047$132,30025%
Poolesville, MD5,042$456,400160%
Salem, NJ5,045$115,10034%
Source: The Salem, NJ housing data displayed above is derived from the United States Census Bureau and Zillow data.