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  • Salem Market Report

    $383,618

    AVERAGE PRICE OF 146 HOMES

    $260,000

    AVERAGE PRICE OF 1 DISTRESSED HOMES

    $1,232,667

    AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES

    $443,273

    AVERAGE PRICE OF 42 NEWLY BUILT HOMES

    $452,400

    AVERAGE PRICE OF 14 HOMES WITH A POOL

    $256,266

    AVERAGE PRICE OF 6 REDUCED PRICE HOMES

    Average Home

    Average Price $383,618
    Avg Bedrooms 3.45 beds
    Avg Bathrooms 2.23 baths

    Average Price by Bedrooms

    1 bedroom $204,950
    2 bedrooms $257,554
    3 bedrooms $321,008
    4 bedrooms $436,066
    5 bedrooms $597,152
    Salem Home Price Trends
      6/2024 5/2024 4/2024 3/2024 2/2024
    Total Listings 144 157 153 143 135
    Average Price $396,828 $394,956 $385,631 $380,526 $371,770
    Avg Price Change +0.47% +2.42% +1.34% +2.36% -0.75%
    Median Price $383,191 $383,165 $379,465 $372,588 $379,044
    Med Price Change +0.01% +0.98% +1.85% -1.73% -1.45%
    Avg Bedrooms 3.45 beds 3.5 beds 3.45 beds 3.38 beds 3.36 beds
    Avg Bathrooms 2.24 baths 2.3 baths 2.26 baths 2.21 baths 2.14 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Salem High 80 $354,086 96 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 146 $383,618 85 days
    Distressed Homes 1 $260,000 25 days
    Multi-Million Dollar Homes 3 $1,232,667 98 days
    Newly Built Homes 42 $443,273 182 days
    Homes with a Pool 14 $452,400 113 days
    Reduced Price Homes 6 $256,266 44 days