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  • 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 HOMES

    Average 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