South Jersey Real Estate Market Update 2026: Trends, Prices and Insights
South Jersey is one of the most compelling real estate markets in the entire Philadelphia metro region right now, and it is not getting nearly the attention it deserves. While national headlines focus on affordability challenges and slowing sales, the data across Camden, Burlington, Gloucester, and Salem counties tells a story of steady demand, constrained supply, and prices that are holding or rising across virtually every market segment.
This is not a market in freefall. It is not a market on pause. It is a market that has normalized from the frenzy of 2021 and 2022 and is now operating in a way that rewards buyers who are prepared and sellers who price strategically.
Here is what is actually happening, county by county, with the data to back it up.
The South Jersey Advantage: Why This Market Keeps Outperforming
South Jersey, defined as Burlington, Camden, Gloucester, Salem, and Cumberland counties, operates in the gravitational pull of Philadelphia. Home prices here are 30 to 60% lower than comparable North Jersey markets driven by Manhattan commuter demand. The buyer demographic is different, the employment drivers are different, and the market dynamics bear almost no resemblance to what is happening in Essex or Bergen counties.
That Philadelphia connection is the defining characteristic of this market. PATCO Speedline access from Haddonfield, Collingswood, and Woodcrest delivers Center City Philadelphia in under 25 minutes. Route 42, I-295, and the Ben Franklin and Walt Whitman bridges provide strong car-commuter access. As Philadelphia’s urban housing costs continue to push buyers outward, South Jersey continues to benefit from that spillover effect, a trend that has been running consistently for over a decade and shows no sign of reversing.
According to New Jersey Realtors year-to-date April 2026 data, the statewide median sales price is $515,000, up 3.1%. South Jersey’s median prices sit well below that figure across every county, which means buyers who cannot access North Jersey or Philadelphia proper consistently find that South Jersey delivers more home for their dollar.
Camden County: The Core Market, Strong and Competitive
Camden County is the heart of the South Jersey market and it is performing well. According to NJ Realtors MLS data for March 2026, Camden County recorded 426 closed sales in March, a 17.0% increase year over year and a 38.8% jump from February, demonstrating the kind of spring activation that separates a healthy market from a stagnating one. The median sales price reached $350,000, up 2.0% year over year, with homes spending an average of just 26 days on market.
Zillow’s Home Value Index puts the average Camden County home value at $350,617, up 4.9% over the past year, with a median sale price of $323,483 and homes going to pending in around 18 days as of March 2026. Both figures confirm the same basic story: steady appreciation and active buyer demand.
Competition Has Moderated, But Demand Remains Real
In March 2026, 40.8% of Camden County homes closed over asking price, compared to 56.3% in March 2025. That is a meaningful shift in buyer leverage, but it is still a market where nearly half of all transactions involve a competitive situation. Correctly priced homes in desirable communities are not sitting. They are moving.
Camden County home prices are up approximately 12.7% year over year on a trailing basis according to Redfin, significantly outpacing the statewide average of 3 to 4%. The structural drivers are real: Philadelphia buyers continue to move south, PATCO access keeps demand durable in the boroughs, and inventory remains constrained across most Camden County segments.
The Borough Markets Are the Tightest Inventory in the County
Within Camden County, the walkable boroughs, Collingswood, Haddonfield, Haddon Township, and Haddon Heights, consistently see buyer demand that outstrips available inventory. Redfin shows Collingswood home prices up 18.7% year over year with a median of $450,000 and homes selling in 39 days. Zillow shows Voorhees Township at $544,629, up 9.4%, going to pending in 11 days. Haddonfield commands the county’s highest prices with a median estimated around $796,708 according to Zillow’s current data, reflecting its combination of top-ranked schools, PATCO access, and historic character that no other community in the region fully replicates.
For a complete neighborhood-by-neighborhood breakdown of what each Camden County community offers and what buyers are actually paying, our post Top Neighborhoods to Buy a Home in Camden County, NJ covers every market segment in detail.
Burlington County: Stable Prices, Strong Volume, Good Conditions for Buyers
Burlington County delivered notable momentum in March 2026. According to NJ Realtors MLS data, 385 homes closed in March, a 42.1% jump from February and a solid 7.8% increase compared to March 2025. The median sales price held steady at $396,000, just 2.9% above last year’s figure. Homes spent an average of 22 days on market, one of the more efficient timelines in South Jersey, and 42.9% of properties closed over asking price.
That over-asking figure is down from 48.2% last March, which is actually good news for buyers. The market is still competitive but slightly more negotiable than it was at its peak.
Where Burlington County Buyers Are Finding Value
At the premium end, Zillow shows Moorestown Township at an average home value of $768,183, up 4.4% over the past year, with homes going to pending in 19 days. Moorestown is Burlington County’s most sought-after market, driven by its walkable historic Main Street, top-ranked schools, and architectural character that buyers pay a sustained premium to access.
Evesham Township, which includes Marlton, sits at an average home value of approximately $498,169 according to Zillow, delivering more square footage per dollar than Cherry Hill or Moorestown while maintaining comparable Philadelphia commute access. Mount Laurel Township offers a more accessible entry point at approximately $397,516, making it one of the best value propositions in Burlington County for buyers who want newer construction in a family-oriented community without stretching to Moorestown prices.
Burlington County’s strongest draws are its school districts, its position along the Route 130 and I-295 corridors, and its mix of established neighborhoods and newer construction. For buyers who want more square footage and newer builds than Camden County’s historic boroughs typically offer, Burlington County is the natural next step.
Gloucester County: The Fastest-Appreciating Market in South Jersey
Gloucester County is the market data standout of 2026. According to NJ Realtors Local Market Update data for March 2026, the single-family median price surged 14% to $399,000, the largest price gain in South Jersey and one of the largest across the entire New Jersey statewide report. The year-to-date median of $382,551, up 9.3%, confirms this is not a statistical anomaly. It is a sustained trend running through the entire first quarter.
Three Forces Are Driving Gloucester County’s Appreciation
Route 42 and I-295 corridor access to Philadelphia and Camden County employment centers is drawing buyers who want suburban space with manageable commute times. Strong school districts in Washington Township, Kingsway Regional, and Clearview Regional are attracting families who cannot afford Camden County’s premium boroughs. And a direct spillover effect from Camden County, where tighter inventory and higher prices are pushing buyers south, is adding structural demand pressure that is unlikely to ease in the near term.
Gloucester County Is Unambiguously a Seller’s Market
At 101.0% of list price received with just 1.8 months of supply, Gloucester County single-family homes are operating in clear seller’s market territory. Homes are selling above asking price on average. The 15.6% decline in closed sales compared to last year is a supply story, not a demand story. Fewer homes are coming to market, so fewer are closing, but the ones that do sell are commanding premium results.
For first-time buyers and move-up buyers looking for newer construction, more land, and competitive schools at prices below Camden County’s northern boroughs, communities like Washington Township, Deptford, Woodbury, Glassboro, and Pitman represent some of the strongest value propositions in South Jersey right now.
Salem County: The Affordable Option with Room To Negotiate
Salem County occupies the most affordable end of the South Jersey spectrum. According to NJ Realtors MLS data for March 2026, the median sales price reached $279,900, up 5.6% year over year, with homes spending an average of 62 days on market.
Only 22.2% of Salem County homes closed over asking price in March, compared to 34.3% last year, giving buyers meaningful negotiating room that simply does not exist in Camden or Gloucester counties. The tradeoff is distance. Salem County is further from Philadelphia and the PATCO corridor, making it better suited for remote workers, retirees, and buyers whose employment is located within South Jersey itself. For buyers who are flexible on location and prioritizing value, land, and space, Salem County offers single-family homes at price points that have effectively disappeared from Camden and Burlington counties.
What the NJ Statewide Picture Means for South Jersey
According to New Jersey Realtors year-to-date data through April 2026, the statewide median sales price is $515,000, up 3.1%, while closed sales are down 6.3% and days on market have risen to 46 days. Homes for sale increased 5.4% statewide, and sellers are still receiving 100.6% of list price on average. Redfin reported New Jersey home prices were up 3.7% year over year in March 2026, with a median sale price of $545,300 statewide.
Against that backdrop, South Jersey’s price points, appreciation rates, and market activity look genuinely compelling. The market is not crashing and it is not the old frenzy. It is a market where correct pricing wins, prepared buyers compete effectively, and overpriced homes are finally being challenged. South Jersey is operating exactly within that framework.
What This Means If You Are Buying in South Jersey
The inventory picture has improved from its historic lows, but supply is still constrained enough that well-priced homes in desirable communities are moving quickly. The spring inventory surge we covered in More Options Are Popping Up This Spring is playing out locally as well, with new listings picking up meaningfully across all four South Jersey counties.
If you are a first-time buyer, our Step-by-Step Guide to Buying Your First Home in NJ walks the full process from pre-approval through closing. If affordability has been the barrier, The Truth About Home Affordability Today breaks down why the picture is more manageable than most buyers assume. If you are a Veteran, the zero-down VA benefit we detailed in What Most Veterans Don’t Know About Their VA Home Loan Benefit can make a real difference in this market. And if you are weighing whether to rent or buy right now, Rent or Buy? The Real Tradeoff Most People Don’t Talk About lays out exactly what each choice does to your financial future over time.
What This Means If You Are Selling in South Jersey
Sellers who price correctly are still seeing strong results across every county. But the days of listing at any price and expecting offers are gone. Our post The Pricing Mistake That Could Cost You Your Sale covers exactly why accurate pricing matters more than ever right now. And Why Staging Your House Could Pay Off This Spring shows what the right presentation investment looks like in a market where buyers have more options than they did two years ago.
The Bottom Line on South Jersey in 2026
This is a market with real structural demand, constrained supply, steady appreciation, and buyers who are actively purchasing across all four primary counties. The data tells a consistent story: correctly positioned transactions are succeeding, and poorly positioned ones are struggling.
The opportunity is here. The question is whether you have the right strategy to take advantage of it.
Reach out to the MH Global team. We cover this market every day. Let’s talk about what the current conditions mean specifically for your situation and what your best move looks like right now.
