City

SALEM, NJ

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Median home value: $222K (+0.8% YoY). Rent: $1,550/mo. Price-to-rent: 11.9x. Part of Philadelphia-Camden-Wilmington, PA-NJ-DE-MD.

Limited Data

Basic Zillow data only. For stress scores, AI analysis, and trends, Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro page.

Home Value$222,035
+0.8%
Rent$1,550/mo
AFFORDABILITY

Enter your income for Salem.

$44,407 on $222,035
Affordable — 26.2% of income

Under the 28% guideline.

PITI$1,639
P/I26.2%
Afford$237K
Room+$15K
P&I $1,065Tax $457Ins $117
Renting $89/mo cheaper ($1,550 rent)6.00% 30yr, 20% down, county tax + NJ ins. 28% per HUD.
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Salem Housing Market | CrashWatch