What the Pros Know
Market Snapshot
Zip Code 8318 | Salem County, NJ
12,069
Population
YoY
202240.5
Median Age
YoY
2022$83,227
Median Household Income
YoY
2022$278,500
Median Sale Price
7.2% MoM
0.9% YoY
7/202428
Homes Sold
15.2% MoM
22.2% YoY
7/20241.5
Months Inventory
41.4% MoM
113.5% YoY
7/202444
Days on Market
500 MoM
2900 YoY
7/202442
Listings
20.0% MoM
68.0% YoY
7/2024103.3%
Sale Price to List Price
3.5% MoM
3.7% YoY
7/2024
1. Population Data from U.S. Census Bureau.
2. Sales Data provided by Redfin, a national real estate brokerage.
MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.