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  • Salem Market Report

    $419,367

    AVERAGE PRICE OF 132 HOMES

    $299,250

    AVERAGE PRICE OF 1 DISTRESSED HOMES

    $2,500,000

    AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

    $453,433

    AVERAGE PRICE OF 42 NEWLY BUILT HOMES

    $441,800

    AVERAGE PRICE OF 20 HOMES WITH A POOL

    $387,658

    AVERAGE PRICE OF 6 REDUCED PRICE HOMES

    Average Home

    Average Price $419,367
    Avg Bedrooms 3.57 beds
    Avg Bathrooms 2.31 baths

    Average Price by Bedrooms

    1 bedroom $206,633
    2 bedrooms $238,257
    3 bedrooms $352,780
    4 bedrooms $453,414
    5 bedrooms $629,858
    Salem Home Price Trends
      8/2023 7/2023 6/2023 5/2023 4/2023
    Total Listings 118 119 118 126 109
    Average Price $381,625 $372,149 $381,473 $391,170 $371,764
    Avg Price Change +2.55% -2.51% -2.54% +5.22% +3.03%
    Median Price $372,526 $368,691 $381,909 $376,198 $354,924
    Med Price Change +1.04% -3.59% +1.52% +5.99% +2.22%
    Avg Bedrooms 3.53 beds 3.47 beds 3.44 beds 3.47 beds 3.45 beds
    Avg Bathrooms 2.21 baths 2.14 baths 2.18 baths 2.21 baths 2.08 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Glenvar 51 $437,662 69 days
    Hidden Valley 3 $586,633 100 days
    Salem High 78 $400,970 78 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 132 $419,367 75 days
    Distressed Homes 1 $299,250 48 days
    Multi-Million Dollar Homes 1 $2,500,000 23 days
    Newly Built Homes 42 $453,433 133 days
    Homes with a Pool 20 $441,800 77 days
    Reduced Price Homes 6 $387,658 55 days