Salem Market Report
$238,911
AVERAGE PRICE OF 186 HOMES$339,463
AVERAGE PRICE OF 23 NEWLY BUILT HOMES$360,156
AVERAGE PRICE OF 8 HOMES WITH A POOL$199,828
AVERAGE PRICE OF 7 REDUCED PRICE HOMESAverage Home
| Average Price | $238,911 |
| Avg Bedrooms | 3.33 beds |
| Avg Bathrooms | 2.04 baths |
Average Price by Bedrooms
| 1 bedroom | $137,450 |
| 2 bedrooms | $126,952 |
| 3 bedrooms | $196,231 |
| 4 bedrooms | $300,908 |
| 5 bedrooms | $418,786 |
Salem Home Price Trends
| 2/2019 | 1/2019 | 12/2018 | 11/2018 | 10/2018 | |
|---|---|---|---|---|---|
| Total Listings | 179 | 168 | 174 | 154 | 145 |
| Average Price | $239,068 | $246,716 | $243,748 | $254,660 | $266,253 |
| Avg Price Change | -3.20% | +1.22% | -4.48% | -4.55% | -2.20% |
| Median Price | $193,751 | $204,399 | $199,462 | $229,370 | $252,457 |
| Med Price Change | -5.50% | +2.48% | -14.99% | -10.07% | -6.21% |
| Avg Bedrooms | 3.29 beds | 3.35 beds | 3.35 beds | 3.42 beds | 3.48 beds |
| Avg Bathrooms | 2.03 baths | 2.08 baths | 2.11 baths | 2.15 baths | 2.2 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Glenvar | 88 | $252,954 | 121 days |
| Hidden Valley | 1 | $675,000 | 117 days |
| Northside | 3 | $168,150 | 118 days |
| Salem High | 94 | $223,383 | 87 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 186 | $238,911 | 104 days |
| Newly Built Homes | 23 | $339,463 | 296 days |
| Homes with a Pool | 8 | $360,156 | 51 days |
| Reduced Price Homes | 7 | $199,828 | 61 days |
