Salem, SD Housing Market
The Salem housing market is somewhat competitive. The median sale price of a home in Salem was $191K last month, down 13.3% since last year. The median sale price per square foot in Salem is $91, down 22.5% since last year.
Salem Housing Market Trends
In April 2025, Salem home prices were down 13.3% compared to last year, selling for a median price of $191K.
since last year
since last year

How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Salem housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Some homes get multiple offers.
- The average homes sell for about 4% below list price and go pending in around 48 days.
- Hot homescan sell for about 2% above list price and go pending in around 36 days.
Salem Migration & Relocation Trends
View houses in Salem that sold recently
Recently sold homes
- $285,000 Last Sold Price3 beds1.5 baths1,144 sq ft441 S Hill St, Salem, SD 57058List Price$299,000Sale to List5% under listDays on Market96 days441 S Hill St, Salem, SD 57058
- $140,000 Last Sold Price2 beds1 bath976 sq ft131 E Lincoln Ave, Salem, SD 57058List Price$148,500Sale to List6% under listDays on Market174 days131 E Lincoln Ave, Salem, SD 57058
- $235,000 Last Sold Price4 beds2 baths2,260 sq ft421 E Vermont Ave, Salem, SD 57058List Price$265,000Sale to List11% under listDays on Market66 days421 E Vermont Ave, Salem, SD 57058
- $116,000 Last Sold Price3 beds2 baths1,344 sq ft230 W Lincoln Ave, Salem, SD 57058List Price$120,000Sale to List3% under listDays on Market198 days230 W Lincoln Ave, Salem, SD 57058
- $56,500 Last Sold Price2 beds—baths1,075 sq ft730 N Minnesota St, Salem, SD 57058List Price$60,000Sale to List6% under listDays on Market17 days730 N Minnesota St, Salem, SD 57058
- $325,000 Last Sold Price2 beds2.5 baths2,478 sq ft420 E Drake Ave, Salem, SD 57058List Price$349,900Sale to List7% under listDays on Market141 days420 E Drake Ave, Salem, SD 57058
- $137,750 Last Sold Price3 beds1 bath1,370 sq ft330 E Vermont Ave, Salem, SD 57058List Price$154,900Sale to List11% under listDays on Market73 days330 E Vermont Ave, Salem, SD 57058
- $305,000 Last Sold Price3 beds2 baths2,084 sq ft310 E Beebe Ave, Salem, SD 57058List Price$310,000Sale to List2% under listDays on Market125 days310 E Beebe Ave, Salem, SD 57058
See all recently sold homes in Salem.
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Schools in Salem
- Elementary
- Middle
- High
GreatSchools Rating
5/10 Mccook Central Middle School - 03 Public • 5-8 | 96 Students | N/A |
3/10 Mccook Central Elementary - 02 Public • PreK-4 | 184 Students | N/A |
Climate's impact on Salem housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Salem.
Flood Factor - Minor
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minor
Wind Factor

Heat Factor - Minor
Heat Factor

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