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  • Salem Market Report

    $294,477

    AVERAGE PRICE OF 66 HOMES

    $3,000,000

    AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES

    $169,950

    AVERAGE PRICE OF 2 NEWLY BUILT HOMES

    $259,000

    AVERAGE PRICE OF 1 HOMES WITH A POOL

    $222,666

    AVERAGE PRICE OF 3 REDUCED PRICE HOMES

    Average Home

    Average Price $294,477
    Avg Bedrooms 2.14 beds
    Avg Bathrooms 1.38 baths

    Average Price by Bedrooms

    2 bedrooms $109,280
    3 bedrooms $256,200
    4 bedrooms $194,688
    5 bedrooms $457,500
    Salem Home Price Trends
      11/2024 10/2024 9/2024 8/2024 7/2024
    Total Listings 67 59 56 62 60
    Average Price $290,951 $258,600 $276,692 $275,609 $232,478
    Avg Price Change +12.51% -7.00% +0.39% +18.55% -3.05%
    Median Price $159,786 $140,710 $154,631 $164,750 $172,759
    Med Price Change +13.56% -9.89% -6.54% -4.86% -4.03%
    Avg Bedrooms 2.16 beds 2.35 beds 2.29 beds 2.29 beds 2.21 beds
    Avg Bathrooms 1.35 baths 1.47 baths 1.54 baths 1.61 baths 1.59 baths
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 66 $294,477 86 days
    Multi-Million Dollar Homes 3 $3,000,000 181 days
    Newly Built Homes 2 $169,950 86 days
    Homes with a Pool 1 $259,000 29 days
    Reduced Price Homes 3 $222,666 105 days