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  • Salem Market Report

    $388,441

    AVERAGE PRICE OF 143 HOMES

    $283,500

    AVERAGE PRICE OF 1 DISTRESSED HOMES

    $2,500,000

    AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

    $441,240

    AVERAGE PRICE OF 43 NEWLY BUILT HOMES

    $441,837

    AVERAGE PRICE OF 19 HOMES WITH A POOL

    $429,958

    AVERAGE PRICE OF 6 REDUCED PRICE HOMES

    Average Home

    Average Price $388,441
    Avg Bedrooms 3.45 beds
    Avg Bathrooms 2.24 baths

    Average Price by Bedrooms

    1 bedroom $251,225
    2 bedrooms $227,035
    3 bedrooms $327,253
    4 bedrooms $433,781
    5 bedrooms $674,907
    Salem Home Price Trends
      11/2023 10/2023 9/2023 8/2023 7/2023
    Total Listings 138 135 131 118 119
    Average Price $392,139 $406,750 $401,674 $381,625 $372,149
    Avg Price Change -3.73% +1.26% +5.25% +2.55% -2.51%
    Median Price $373,907 $381,576 $380,665 $372,526 $368,691
    Med Price Change -2.05% +0.24% +2.18% +1.04% -3.59%
    Avg Bedrooms 3.44 beds 3.49 beds 3.53 beds 3.53 beds 3.47 beds
    Avg Bathrooms 2.26 baths 2.27 baths 2.24 baths 2.21 baths 2.14 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Glenvar 48 $415,213 96 days
    Salem High 95 $374,914 87 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 143 $388,441 90 days
    Distressed Homes 1 $283,500 8 days
    Multi-Million Dollar Homes 1 $2,500,000 89 days
    Newly Built Homes 43 $441,240 157 days
    Homes with a Pool 19 $441,837 114 days
    Reduced Price Homes 6 $429,958 66 days