Current Price

$324,690

1 Month Forecast

â–² $356,195

1-Year Forecast *

â–² $377,423

5-Year Forecast *

â–² $459,244

"Is it a good time to buy homes in Elmer?" "Does investing in real estate in Elmer (New Jersey State, Salem County) worth it?" According to our live Forecast System, buying a house in Elmer is a good short-term (1-year) investment*. The Elmer average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Elmer" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Elmer in New Jersey State, Salem County. If you are looking for homes for sale with good flipping profit, Elmer can be a profitable property investment option. The median price of an average house in Elmer was 324,690 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Elmer" area is 459,244 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +41.44% meaning that investing 100000 USD today may yield a profit of 41,441 USD by 2031.

Current Median Listing Price: 324,690 USD Median Listing Price Per Square Foot: 180 USD

Elmer Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Elmer (New Jersey State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Elmer Price Target

Elmer median home price target in 12 months: $377,423* (upside of 16.2%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $347,767 $353,918 $347,767 $354,396
2024 $309,383 $324,690 $309,383 $324,690
2023 $285,953 $308,811 $285,953 $308,811
2022 $270,734 $284,633 $270,734 $287,072
2021 $238,987 $268,354 $238,987 $268,354
2020 $210,827 $235,085 $210,827 $235,085
2019 $198,547 $208,987 $198,547 $208,987
2018 $205,904 $198,213 $198,174 $205,904
2017 $198,599 $206,049 $198,281 $206,049
2016 $196,466 $198,926 $196,466 $199,221
2015 $191,655 $195,953 $191,655 $195,953
2014 $184,227 $191,078 $184,195 $191,078
2013 $183,148 $183,181 $178,232 $183,181
2012 $180,137 $183,521 $180,065 $183,736

Questions & Answers about the Elmer Housing Market Forecast

How much does an average home cost in Elmer today?

The value of an average home (the listing price) in Elmer is $324,690 USD.

What is the average price per square foot in Elmer?

According to Walletinvestor the median price per square foot in Elmer is 180 USD.

Will the median listing price of homes in Elmer grow / rise / go up?

Yes. The Elmer home prices may rise from 324,690 USD to 377,423 USD in one year.

Is it profitable to invest in Elmer homes?

Yes. The long-term profit potential is +16.24% in one year.

Will Elmer house prices fall / drop?

No. See above.

What is the predicted price of a Elmer home in 2030?

The predicted home sales price of a Elmer home in 2030 in Elmer is 436,714 USD.

What is the predicted price of a Elmer home in 2035?

The predicted home sales price of a Elmer home in 2035 in Elmer is 565,074 USD.

Will real estate prices decrease in Elmer?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Elmer is the 4692. largest city in the United States, located in New Jersey State.

During the last 12 months the real estate prices in Salem, Elmer decreased, looking at the past 12 months.

According to Walletinvestor's Elmer real estate market research, home values will increase in the next 12 months.

Median home values decreased by 7.253% to 324,690 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 15.451% in 2021
  • 14.731% in 2022
  • 15.651% in 2023
  • 15.841% in 2024
  • 15.821% in 2025
  • 15.051% in 2026

Based on our Elmer real estate market research and report the predicted sales prices will increase by 350.402% in the next 10 years.

Over the last 12 months, the value of homes in Elmer fluctuated: increasing 3 times and decreasing 1 times.

Elmer (New Jersey) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Elmer Housing Market Forecast with Real Estate Prices for 2025
August 2025 356195 328412 383979
September 2025 358488 331960 385016
October 2025 360795 342034 379556
November 2025 363117 339878 386357
December 2025 365454 335121 395787
Elmer Housing Market Forecast with Real Estate Prices for 2026
January 2026 366003 341847 390159
February 2026 366285 338813 393756
March 2026 368141 336481 399801
April 2026 370511 349762 391259
May 2026 372895 343064 402727
June 2026 375136 352253 398020
July 2026 377423 355533 399314
August 2026 379852 358960 400744
September 2026 382297 345596 418998
October 2026 384757 360902 408612
November 2026 387234 362838 411629
December 2026 387769 364503 411035
Elmer Housing Market Forecast with Real Estate Prices for 2027
January 2027 386986 357575 416397
February 2027 385953 348902 423005
March 2027 385397 364971 405823
April 2027 384475 362559 406390
May 2027 386257 365399 407115
June 2027 388518 351221 425816
July 2027 391019 355827 426211
August 2027 393535 355362 431708
September 2027 396068 362006 430130
October 2027 398617 376295 420940
November 2027 400504 366461 434547
December 2027 402798 368560 437036
Elmer Housing Market Forecast with Real Estate Prices for 2028
January 2028 405390 366878 443902
February 2028 407712 369795 445629
March 2028 409753 372875 446631
April 2028 411028 388422 433635
May 2028 411791 379671 443910
June 2028 413075 373420 452730
July 2028 415544 392689 438399
August 2028 418219 388107 448330
September 2028 420910 383028 458792
October 2028 423135 395208 451062
November 2028 425418 400318 450517
December 2028 427801 385449 470153
Elmer Housing Market Forecast with Real Estate Prices for 2029
January 2029 429092 398627 459558
February 2029 429938 401132 458743
March 2029 430478 406371 454585
April 2029 431054 394846 467263
May 2029 433828 392615 475042
June 2029 434998 407158 462838
July 2029 436714 412258 461170
August 2029 438792 413342 464242
September 2029 440756 416955 464557
October 2029 442098 401425 482771
November 2029 441501 418101 464900
December 2029 444342 401685 486999
Elmer Housing Market Forecast with Real Estate Prices for 2030
January 2030 447202 417239 477164
February 2030 450080 410473 489687
March 2030 452977 414474 491480
April 2030 455892 430818 480966
May 2030 456577 417311 495843
June 2030 456928 416262 497595
July 2030 459244 416535 501954
August 2030 462200 426148 498252
September 2030 465175 438195 492155
October 2030 467971 440828 495113
November 2030 470823 435982 505664
December 2030 473853 443527 504180
Elmer Housing Market Forecast with Real Estate Prices for 2031
January 2031 476903 447812 505994
February 2031 479972 432455 527490
March 2031 483062 442484 523639
April 2031 483730 453738 513721
May 2031 482753 443167 522339
June 2031 481464 440058 522870
July 2031 480770 450482 511059
August 2031 479620 441250 517989
September 2031 481843 435104 528582
October 2031 484664 441529 527799
November 2031 487783 457053 518514
December 2031 490923 456067 525778
Elmer Housing Market Forecast with Real Estate Prices for 2032
January 2032 494082 452579 535585
February 2032 497262 458973 535551
March 2032 499616 472137 527094
April 2032 502477 462279 542676
May 2032 505711 458175 553248
June 2032 508607 458764 558451
July 2032 511154 473840 548468

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.