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market report · 08079
Salem, NJ · 08079
21 active listings$234,900 median ask$1,943 est. rent0.8% price/rent
$234,900
Median list price
$1,943/mo
Estimated rent
0.8%
Price / rent ratio
21
Listings
FHFA home price index · 2016–2025
66% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.14
Median rent / sqft
21 comps
$138.89
Median sold / sqft
21 comps
—
Walkability
5.1%
Area unemployment
BLS LAUS
Median household income $54,641 · median home value $196,700 · ACS 2024.
Natural-hazard risk Relatively Moderate (FEMA NRI score 77).
3 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
99 W Broadway, Salem, NJ 08079
Salem, NJ
$295,000$4,187/mo1.4%
91 Eighth St, Salem, NJ 08079
Salem, NJ
$149,900$1,816/mo1.2%
37 Olive St, Salem, NJ 08079
Salem, NJ
$145,000$1,737/mo1.2%
262 Morrison Ave, Salem, NJ 08079
Salem, NJ
$199,900$2,385/mo1.2%
78 Walnut St, Salem, NJ 08079
Salem, NJ
$209,999$2,501/mo1.2%
55 Market St, Salem, NJ 08079
Salem, NJ
$240,000$2,669/mo1.1%