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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

Last updated; multiple times August 20, 2019. Information is deemed to be reliable, but is not guaranteed. Roanoke Valley Association of Realtors© 2019 MLS and FBS. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited. The information on this sheet has been made available by the MLS and may not be the listing of the provider.