What is the median home value in Elmer Borough, NJ?

The median value of owner-occupied homes in Elmer Borough, NJ is $227,300 (±$24,652), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Elmer Borough, the median home value went from $192,200 in 2015–2019 to $227,300 in 2020–2024 (+18.3%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$227,300 (±$24,652)
Owner-occupied homes
284 (±48)
Most common range
$200,000 to $299,999

Home values in Elmer Borough

Owner-occupied homes by value, 2020–2024
ValueElmer BoroughSalem CountyNew JerseyUnited States
Less than $50,0001.4% (±2.0 points)5.2%2.5%5.3%
$50,000 to $99,9990.0% (±14.6 points)5.7%1.8%6.1%
$100,000 to $149,9999.5% (±6.1 points)9.5%2.2%6.8%
$150,000 to $199,99928.5% (±10.5 points)16.4%4.3%9.0%
$200,000 to $299,99937.7% (±11.2 points)28.5%12.9%17.8%
$300,000 to $499,99920.1% (±7.3 points)26.5%34.2%26.9%
$500,000 to $999,9991.4% (±2.3 points)7.1%34.5%20.9%
$1,000,000 or more1.4% (±2.0 points)1.2%7.6%7.1%

The most common range is $200,000 to $299,999, 37.7% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Elmer Borough against Salem County, its state and the nation

Estimate (90% margin of error)
Elmer BoroughSalem CountyNew JerseyUnited States
Median home value$227,300 (±$24,652)$239,500 (±$7,170)$454,400 (±$1,150)$332,700
Owner-occupied homes284 (±48)17,635 (±473)2,239,128 (±10,678)84,210,142

In Elmer Borough, the median home value is not measurably different from Salem County ($239,500).

It is also lower than in New Jersey ($454,400).

It is lower than the national figure ($332,700).

In Salem County, Elmer Borough ranks 10 of 15 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 524 of 561.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Elmer Borough have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$192,200 (±$14,909)$227,300 (±$24,652)+18.3%No measurable change after inflation
Median owner cost with a mortgage$1,696 (±$198)$1,843 (±$161)+8.7%No measurable change after inflation
Median real estate taxes$5,604 (±$447)$6,687 (±$259)+19.3%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Elmer Borough

Nearest places with a published estimate, compared with Elmer Borough
PlaceDistanceMedian home valueCompared with this place
Elmer Borough—$227,300 (±$24,652)—
Upper Pittsgrove Township2.3 mi$258,300 (±$44,422)Not measurably different
Olivet3.7 mi$340,700 (±$34,811)Higher
Pittsgrove Township4.2 mi$302,500 (±$24,811)Higher
Elk Township5.0 mi$350,400 (±$50,089)Higher
Franklinville5.7 mi$268,100 (±$19,951)Higher
Malaga6.4 mi$236,300 (±$13,091)Not measurably different
Seabrook Farms6.8 mi$210,400 (±$54,144)Not measurably different
Upper Deerfield Township7.1 mi$246,300 (±$30,900)Not measurably different

Nearby places with a measurably higher figure: Olivet, NJ ($340,700), Pittsgrove Township, NJ ($302,500), Elk Township, NJ ($350,400).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Salem County, place by place

RankPlaceMedian home value
4Pittsgrove Township$302,500 (±$24,811)
5Mannington Township$297,800 (±$51,138)
6Upper Pittsgrove Township$258,300 (±$44,422)
7Elsinboro Township$254,900 (±$35,591)
8Lower Alloways Creek Township$248,500 (±$31,022)
9Woodstown Borough$239,200 (±$18,076)
10Elmer Borough$227,300 (±$24,652)
11Quinton Township$220,900 (±$20,910)
12Pennsville Township$214,100 (±$10,463)
13Carneys Point Township$201,500 (±$13,678)
14Penns Grove Borough$178,200 (±$20,936)
15Salem$79,800 (±$24,664)

Showing 12 of 15 places in Salem County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Elmer Borough

What is the average home value in Elmer Borough, NJ?

The Census Bureau publishes the median: $227,300 (±$24,652) for owner-occupied homes in Elmer Borough (2020–2024 American Community Survey).

Have home values in Elmer Borough gone up?

In Elmer Borough, the median home value went from $192,200 in 2015–2019 to $227,300 in 2020–2024 (+18.3%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Elmer Borough sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Elmer borough, Salem County, New Jersey (county subdivision:21240, in state:34 county:033).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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