Salem Market Report
$246,196
AVERAGE PRICE OF 208 HOMES$384,690
AVERAGE PRICE OF 22 NEWLY BUILT HOMES$321,646
AVERAGE PRICE OF 14 HOMES WITH A POOL$158,631
AVERAGE PRICE OF 8 REDUCED PRICE HOMESAverage Home
| Average Price | $246,196 |
| Avg Bedrooms | 3.39 beds |
| Avg Bathrooms | 2.06 baths |
Average Price by Bedrooms
| 1 bedroom | $137,450 |
| 2 bedrooms | $129,519 |
| 3 bedrooms | $189,591 |
| 4 bedrooms | $308,399 |
| 5 bedrooms | $447,703 |
Salem Home Price Trends
| 3/2019 | 2/2019 | 1/2019 | 12/2018 | 11/2018 | |
|---|---|---|---|---|---|
| Total Listings | 182 | 179 | 168 | 174 | 154 |
| Average Price | $238,852 | $239,068 | $246,716 | $243,748 | $254,660 |
| Avg Price Change | -0.09% | -3.20% | +1.22% | -4.48% | -4.55% |
| Median Price | $199,541 | $193,751 | $204,399 | $199,462 | $229,370 |
| Med Price Change | +2.99% | -5.50% | +2.48% | -14.99% | -10.07% |
| Avg Bedrooms | 3.32 beds | 3.29 beds | 3.35 beds | 3.35 beds | 3.42 beds |
| Avg Bathrooms | 2.03 baths | 2.03 baths | 2.08 baths | 2.11 baths | 2.15 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Glenvar | 93 | $258,077 | 113 days |
| Hidden Valley | 3 | $758,316 | 171 days |
| Northside | 4 | $181,862 | 69 days |
| Salem High | 108 | $224,122 | 68 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 208 | $246,196 | 90 days |
| Newly Built Homes | 22 | $384,690 | 295 days |
| Homes with a Pool | 14 | $321,646 | 52 days |
| Reduced Price Homes | 8 | $158,631 | 111 days |
