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  • Salem Market Report

    $404,273

    AVERAGE PRICE OF 121 HOMES

    $162,000

    AVERAGE PRICE OF 1 DISTRESSED HOMES

    $1,548,317

    AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES

    $430,088

    AVERAGE PRICE OF 42 NEWLY BUILT HOMES

    $431,989

    AVERAGE PRICE OF 9 HOMES WITH A POOL

    $332,250

    AVERAGE PRICE OF 2 REDUCED PRICE HOMES

    Average Home

    Average Price $404,273
    Avg Bedrooms 3.43 beds
    Avg Bathrooms 2.14 baths

    Average Price by Bedrooms

    1 bedroom $270,000
    2 bedrooms $256,763
    3 bedrooms $350,871
    4 bedrooms $428,550
    5 bedrooms $647,921
    Salem Home Price Trends
      1/2025 12/2024 11/2024 10/2024 9/2024
    Total Listings 114 120 149 154 156
    Average Price $409,569 $407,856 $398,229 $392,100 $409,298
    Avg Price Change +0.42% +2.42% +1.56% -4.39% -3.55%
    Median Price $384,889 $384,586 $378,841 $375,492 $384,669
    Med Price Change +0.08% +1.52% +0.89% -2.44% -3.45%
    Avg Bedrooms 3.49 beds 3.55 beds 3.53 beds 3.53 beds 3.55 beds
    Avg Bathrooms 2.18 baths 2.2 baths 2.24 baths 2.27 baths 2.35 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Salem High 66 $370,918 122 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 121 $404,273 102 days
    Distressed Homes 1 $162,000 73 days
    Multi-Million Dollar Homes 3 $1,548,317 115 days
    Newly Built Homes 42 $430,088 178 days
    Homes with a Pool 9 $431,989 128 days
    Reduced Price Homes 2 $332,250 43 days