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Salem Market Report

$237,888

AVERAGE PRICE OF 179 HOMES

$330,928

AVERAGE PRICE OF 28 NEWLY BUILT HOMES

$343,689

AVERAGE PRICE OF 5 HOMES WITH A POOL

$174,950

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $237,888
Avg Bedrooms 3.28 beds
Avg Bathrooms 2.04 baths

Average Price by Bedrooms

1 bedroom $125,712
2 bedrooms $133,677
3 bedrooms $198,745
4 bedrooms $308,579
5 bedrooms $405,879
Salem Home Price Trends
  1/2019 12/2018 11/2018 10/2018 9/2018
Total Listings 168 174 154 145 148
Average Price $246,716 $243,748 $254,660 $266,253 $272,102
Avg Price Change +1.22% -4.48% -4.55% -2.20% +0.62%
Median Price $204,399 $199,462 $229,370 $252,457 $268,136
Med Price Change +2.48% -14.99% -10.07% -6.21% +1.10%
Avg Bedrooms 3.35 beds 3.35 beds 3.42 beds 3.48 beds 3.53 beds
Avg Bathrooms 2.08 baths 2.11 baths 2.15 baths 2.2 baths 2.25 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Glenvar 71 $261,833 144 days
Hidden Valley 1 $675,000 85 days
Lord Botetourt 1 $649,950 195 days
Northside 3 $196,466 138 days
Salem High 103 $214,345 81 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 179 $237,888 107 days
Newly Built Homes 28 $330,928 265 days
Homes with a Pool 5 $343,689 52 days
Reduced Price Homes 1 $174,950 90 days
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