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  • Salem Market Report

    $219,006

    AVERAGE PRICE OF 65 HOMES

    $2,159,000

    AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

    $287,500

    AVERAGE PRICE OF 2 NEWLY BUILT HOMES

    $231,000

    AVERAGE PRICE OF 3 HOMES WITH A POOL

    $176,200

    AVERAGE PRICE OF 4 REDUCED PRICE HOMES

    Average Home

    Average Price $219,006
    Avg Bedrooms 2.14 beds
    Avg Bathrooms 1.4 baths

    Average Price by Bedrooms

    1 bedroom $94,950
    2 bedrooms $153,050
    3 bedrooms $300,060
    4 bedrooms $227,685
    5 bedrooms $163,950
    Salem Home Price Trends
      3/2024 2/2024 1/2024 12/2023 11/2023
    Total Listings 77 74 72 124 72
    Average Price $213,285 $209,340 $215,127 $219,598 $219,540
    Avg Price Change +1.88% -2.76% -2.08% +0.03% -0.67%
    Median Price $158,848 $159,040 $150,562 $167,025 $168,356
    Med Price Change -0.12% +5.63% -10.93% -0.80% +4.09%
    Avg Bedrooms 2.08 beds 2.07 beds 2.22 beds 2.31 beds 2.31 beds
    Avg Bathrooms 1.35 baths 1.34 baths 1.41 baths 1.52 baths 1.54 baths
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 65 $219,006 70 days
    Multi-Million Dollar Homes 1 $2,159,000 133 days
    Newly Built Homes 2 $287,500 126 days
    Homes with a Pool 3 $231,000 47 days
    Reduced Price Homes 4 $176,200 45 days