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ALLOWAY, NJ 08001

Real Estate Market Report  ·  Salem County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
8
⇩ 11.1% vs 9 last year
Pending
3
38% pending ratio
Median Price
$299,900
⇩ 42.2% vs $518,500 last year
Average Price
$467,967
⇩ 10.3% vs $521,446 last year
Days on Market
85
⇧ 25% vs 68 days last year

Market Context

Population: 835  ·  Density: 97.0/mi²  ·  Median household income: $129,375

Typical home value: $309,895  ·  Homeownership: 82.5%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The ALLOWAY, NJ real estate market (08001) currently shows 8 active listings, with 3 pending sales. Homes are averaging 85 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 85 days on market compared to 68 days last year.

The median listing price has fallen 42.2% year-over-year, from $518,500 to $299,900.

Whether you are buying or selling in ALLOWAY, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 8 this year vs 9 last year
  • Days on market: 85 now vs 68 last year

Median & Average Pricing

Year over Year
  • Median: $299,900 (-42.2% YoY)
  • Average: $467,967 (-10.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 16.3 miles — 420 listings ($141,913,551 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
08001Alloway, NJ 080010.0 mi8$3,743,736$299,900$467,967
08079Salem, NJ 080794.1 mi58$13,524,208$189,000$233,176
08353Shiloh, NJ 083537.3 mi1$267,500$267,500$267,500
08302Bridgeton, NJ 083029.4 mi108$35,426,700$299,900$328,025
08318Elmer, NJ 083189.5 mi26$10,185,942$329,900$391,767
08069Penns Grove, NJ 0806911.4 mi72$20,402,784$259,000$283,372
08023Deepwater, NJ 0802311.9 mi4$897,000$232,000$224,250
08067Pedricktown, NJ 0806713.1 mi6$1,808,280$315,000$301,380
08085Swedesboro, NJ 0808514.0 mi42$29,547,882$405,000$703,521
19801Wilmington, DE 1980115.7 mi65$16,192,280$211,495$249,112
19733Saint Georges, DE 1973315.7 mi1$300,000$300,000$300,000
08328Malaga, NJ 0832815.9 mi4$1,506,664$375,000$376,666
08312Clayton, NJ 0831216.3 mi25$8,110,575$329,500$324,423

Frequently Asked Questions

How many homes are for sale in ALLOWAY, NJ 08001?

As of January 2026, there are 8 active listings in ALLOWAY, NJ (zip code 08001), compared to 9 the prior year.

What is the median home price in ALLOWAY, NJ 08001?

The median listing price in ALLOWAY, NJ 08001 is $299,900 as of January 2026, a 42.2% decrease from $518,500 the prior year.

How long do homes stay on the market in ALLOWAY, NJ?

Homes in ALLOWAY, NJ 08001 spend an average of 85 days on the market before going under contract, compared to 68 days the prior year.

Is it a seller's or buyer's market in ALLOWAY, NJ 08001?

Based on current inventory and days-on-market data as of January 2026, ALLOWAY, NJ 08001 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 85 days on market compared to 68 days last year.

How much can I save on real estate commission in ALLOWAY, NJ?

With SELL123.com's maximum 3% commission, sellers in ALLOWAY, NJ 08001 save an estimated $5,998 compared to a typical 5% commission on the median listing price of $299,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.