Salem Market Report
$312,034
AVERAGE PRICE OF 178 HOMES$1,020,553
AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES$470,359
AVERAGE PRICE OF 44 NEWLY BUILT HOMES$294,794
AVERAGE PRICE OF 9 HOMES WITH A POOLAverage Home
| Average Price | $312,034 |
| Avg Bedrooms | 3.43 beds |
| Avg Bathrooms | 2.14 baths |
Average Price by Bedrooms
| 1 bedroom | $106,862 |
| 2 bedrooms | $183,123 |
| 3 bedrooms | $269,280 |
| 4 bedrooms | $351,527 |
| 5 bedrooms | $529,342 |
Salem Home Price Trends
| 5/2021 | 4/2021 | 3/2021 | 2/2021 | 1/2021 | |
|---|---|---|---|---|---|
| Total Listings | 169 | 163 | 144 | n/a | 163 |
| Average Price | $308,282 | $308,670 | $303,977 | n/a | $286,365 |
| Avg Price Change | -0.13% | +1.54% | n/a | n/a | +1.08% |
| Median Price | $264,615 | $275,224 | $268,318 | n/a | $258,158 |
| Med Price Change | -4.01% | +2.57% | n/a | n/a | +3.13% |
| Avg Bedrooms | 3.42 beds | 3.41 beds | 3.38 beds | n/a | 3.39 beds |
| Avg Bathrooms | 2.18 baths | 2.15 baths | 2.09 baths | n/a | 2.08 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Glenvar | 57 | $320,113 | 105 days |
| Hidden Valley | 7 | $675,662 | 201 days |
| Salem High | 114 | $285,667 | 53 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 178 | $312,034 | 75 days |
| Multi-Million Dollar Homes | 1 | $1,020,553 | 494 days |
| Newly Built Homes | 44 | $470,359 | 155 days |
| Homes with a Pool | 9 | $294,794 | 61 days |
