What the Pros Know
113
MyMarketPulse Score
111 Price
115 Volume
8/2024UPDATES IN YOUR INBOX
Keep up to date on the latest housing industry trends with insights, analysis and news delivered to your inbox.
65,338
Population
0.3% YoY
202340.2
Median Age
5.4% YoY
2022$73,378
Median Household Income
8.1% YoY
202232,207
Labor Force
0.2% MoM
2.2% YoY
8/202430,033
Employed
0.3% MoM
1.6% YoY
8/20246.8%
Unemployment Rate
0% MoM
9.7% YoY
8/2024$280,000
Median Sale Price
1.3% MoM
12.6% YoY
8/202477
Homes Sold
32.8% MoM
6.9% YoY
8/20242.2
Months Inventory
28.6% MoM
15.6% YoY
8/202436
Days on Market
0 MoM
10 YoY
8/2024166
Listings
5.7% MoM
8.8% YoY
8/202498.3%
Sale Price to List Price
0.5% MoM
1.0% YoY
8/2024Cities included in Salem County: Salem, Penns Grove, Woodstown, Olivet, Elmer, Auburn, Pedricktown, Hancocks Bridge
1. Population Data from U.S. Census Bureau.
2. Employment Data from Bureau of Labor and Statistics
3. 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.