Salem Housing Information - Census

IndexSalemNew JerseyNational
Median home price$96,600$316,400$184,700
Median rent asked$868$1,213$949
Avg. people per household2.42.72.6
Owner occupied households35.2%64.1%63.6%
Renter occupied households64.8%35.9%36.4%

Salem Housing Information - Zillow

IndexSalemNew JerseyNational
Zillow home value index$37,202$313,560$213,146
Year over year appreciation rate-9.42%10.64%8.00%
5 year average appreciation rate-8.83%4.27%6.57%
10 year average appreciation rate-7.88%-0.86%1.33%

Did you know?

  • The median home price in Salem is 48% lower than the national average.
  • The median rent asked in Salem is 9% lower than the national average.
  • The average number of people per household in Salem is 9% lower than the national average.
  • The number of owner occupied households in Salem is 45% lower than the national average.
  • The number of renter occupied households in Salem is 78% 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.
Bridgeton, NJ25,209$108,50041%
Penns Grove, NJ4,985$114,70038%
Fairton, NJ1,159$116,40037%
Pennsville, NJ11,421$155,20016%
Shiloh, NJ349$156,60015%
Salem, NJ4,931$96,60048%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Laureles, TX4,931$65,80064%
Medical Lake, WA4,931$167,7009%
Shenandoah, PA4,931$29,30084%
St. Augustine South, FL4,930$166,90010%
Genoa, IL4,930$142,50023%
Salem, NJ4,931$96,60048%
Source: The Salem, NJ housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.