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Salem Market Report

$261,353

AVERAGE PRICE OF 201 HOMES

$379,795

AVERAGE PRICE OF 24 NEWLY BUILT HOMES

$338,183

AVERAGE PRICE OF 13 HOMES WITH A POOL

$268,590

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $261,353
Avg Bedrooms 3.47 beds
Avg Bathrooms 2.2 baths

Average Price by Bedrooms

1 bedroom $112,500
2 bedrooms $127,478
3 bedrooms $210,240
4 bedrooms $293,534
5 bedrooms $465,495
Salem Home Price Trends
  7/2019 6/2019 5/2019 4/2019 3/2019
Total Listings n/a 205 207 203 182
Average Price n/a $261,865 $259,592 $244,937 $238,852
Avg Price Change n/a +0.88% +5.98% +2.55% -0.09%
Median Price n/a $236,102 $231,273 $212,464 $199,541
Med Price Change n/a +2.09% +8.85% +6.48% +2.99%
Avg Bedrooms n/a 3.4 beds 3.44 beds 3.37 beds 3.32 beds
Avg Bathrooms n/a 2.15 baths 2.16 baths 2.06 baths 2.03 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Glenvar 71 $270,985 133 days
Hidden Valley 3 $784,983 104 days
Northside 1 $289,950 39 days
Other - See Remarks 1 $625,000 105 days
Salem High 125 $240,177 72 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 201 $261,353 94 days
Newly Built Homes 24 $379,795 253 days
Homes with a Pool 13 $338,183 48 days
Reduced Price Homes 5 $268,590 57 days