Salem Market Report
$390,371
AVERAGE PRICE OF 166 HOMES$1,249,000
AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES$467,737
AVERAGE PRICE OF 56 NEWLY BUILT HOMES$332,527
AVERAGE PRICE OF 9 HOMES WITH A POOL$376,968
AVERAGE PRICE OF 8 REDUCED PRICE HOMESAverage Home
Average Price | $390,371 |
Avg Bedrooms | 3.36 beds |
Avg Bathrooms | 2.18 baths |
Average Price by Bedrooms
1 bedroom | $192,000 |
2 bedrooms | $257,443 |
3 bedrooms | $333,261 |
4 bedrooms | $469,186 |
5 bedrooms | $618,941 |
Salem Home Price Trends
5/2025 | 4/2025 | 3/2025 | 2/2025 | 1/2025 | |
---|---|---|---|---|---|
Total Listings | 164 | 140 | 131 | 121 | 114 |
Average Price | $377,718 | $400,425 | $403,901 | $406,419 | $409,569 |
Avg Price Change | -6.01% | -0.87% | -0.62% | -0.78% | +0.42% |
Median Price | $370,458 | $376,329 | $387,081 | $383,809 | $384,889 |
Med Price Change | -1.58% | -2.86% | +0.85% | -0.28% | +0.08% |
Avg Bedrooms | 3.24 beds | 3.36 beds | 3.43 beds | 3.43 beds | 3.49 beds |
Avg Bathrooms | 2.07 baths | 2.13 baths | 2.19 baths | 2.15 baths | 2.18 baths |
Home Price by High School
School Name | Total Homes | Average Price | Avg Days on Site |
---|---|---|---|
Salem High | 85 | $344,021 | 75 days |
Total Homes | Average Price | Avg Days on Site | |
---|---|---|---|
All Homes | 166 | $390,371 | 77 days |
Multi-Million Dollar Homes | 1 | $1,249,000 | 88 days |
Newly Built Homes | 56 | $467,737 | 127 days |
Homes with a Pool | 9 | $332,527 | 120 days |
Reduced Price Homes | 8 | $376,968 | 77 days |