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  • Salem Market Report

    $387,188

    AVERAGE PRICE OF 121 HOMES

    $143,500

    AVERAGE PRICE OF 1 DISTRESSED HOMES

    $473,066

    AVERAGE PRICE OF 36 NEWLY BUILT HOMES

    $427,172

    AVERAGE PRICE OF 9 HOMES WITH A POOL

    $697,333

    AVERAGE PRICE OF 3 REDUCED PRICE HOMES

    Average Home

    Average Price $387,188
    Avg Bedrooms 3.45 beds
    Avg Bathrooms 2.2 baths

    Average Price by Bedrooms

    2 bedrooms $211,065
    3 bedrooms $317,116
    4 bedrooms $471,882
    5 bedrooms $516,633
    Salem Home Price Trends
      5/2023 4/2023 3/2023 2/2023 1/2023
    Total Listings 126 109 101 99 96
    Average Price $391,170 $371,764 $360,814 $355,485 $353,489
    Avg Price Change +5.22% +3.03% +1.50% +0.56% -1.06%
    Median Price $376,198 $354,924 $347,213 $326,071 $330,992
    Med Price Change +5.99% +2.22% +6.48% -1.51% -4.16%
    Avg Bedrooms 3.47 beds 3.45 beds 3.39 beds 3.36 beds 3.39 beds
    Avg Bathrooms 2.21 baths 2.08 baths 2.02 baths 2.08 baths 2.08 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Glenvar 43 $400,462 73 days
    Hidden Valley 4 $774,952 95 days
    Lord Botetourt 1 $605,000 54 days
    Salem High 73 $355,138 87 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 121 $387,188 82 days
    Distressed Homes 1 $143,500 64 days
    Newly Built Homes 36 $473,066 159 days
    Homes with a Pool 9 $427,172 105 days
    Reduced Price Homes 3 $697,333 54 days