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Salem Market Report

$192,435

AVERAGE PRICE OF 76 HOMES

$500,000

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$210,000

AVERAGE PRICE OF 2 HOMES WITH A POOL

$349,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $192,435
Avg Bedrooms 2.05 beds
Avg Bathrooms 1.26 baths

Average Price by Bedrooms

2 bedrooms $109,300
3 bedrooms $170,164
4 bedrooms $245,036
Salem Home Price Trends
  12/2022 11/2022 10/2022 9/2022 8/2022
Total Listings 88 98 105 98 89
Average Price $192,209 $193,218 $210,806 $215,309 $221,156
Avg Price Change -0.52% -9.10% -2.14% -2.72% +4.86%
Median Price $129,531 $130,956 $148,846 $150,250 $144,906
Med Price Change -1.10% -13.66% -0.94% +3.69% -2.09%
Avg Bedrooms 2.06 beds 2.3 beds 2.39 beds 2.24 beds 2.02 beds
Avg Bathrooms 1.27 baths 1.42 baths 1.52 baths 1.49 baths 1.41 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 76 $192,435 121 days
Newly Built Homes 1 $500,000 88 days
Homes with a Pool 2 $210,000 6 days
Reduced Price Homes 1 $349,000 45 days