48Alpha

Salem County, NJ Housing Market Brief

county · NJ · score computed October 2026

Balanced

What is Salem County, NJ’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
●59
Inventory Health25%
●27

Population band 4 of 5 (population 39,232–102,612) · comparable within its band

Affordability20%
●47
Economic Strength20%
●53
Rental Yield15%
●65

Where is Salem County, NJ in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Salem County, NJ is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Salem County, NJ?

County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Salem County, NJ housing market data

MetricValueYoYSource
Median Sale Price$267K▼ -1%Redfin
Median Days on Market62 days▲ +59%Redfin
Months of Supply4.6▲ +58.6%Redfin
Homes for Sale272▲ +14.3%Redfin
Homes Sold59▼ -27.2%Redfin
Median Price / Sq Ft$184▲ +8.5%Redfin

How has Salem County, NJ’s Alpha Score moved?

Now: 48
2-period trend
Median sale price · 12 mo

Markets like Salem County, NJ

Frequently asked questions

Is Salem County, NJ a buyer's or seller's market?

In the scores computed October 2026, Salem County, NJ is classified as a Balanced Market, based on its Alpha Score of 48 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Salem County, NJ?

The median sale price in Salem County, NJ is $267K, having fallen 1% over the past year, according to Redfin.

How affordable is Salem County, NJ?

Salem County, NJ scores 47 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Salem County, NJ's Alpha Score?

Salem County, NJ's strongest dimension is Rental Yield (65/100) and its weakest is Inventory Health (27/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Salem County, NJ? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.