Salem, SD Housing Market
The Salem housing market is somewhat competitive. The median sale price of a home in Salem was $142K last month, down 22.3% since last year.
Salem Housing Market Trends
In December 2023, Salem home prices were down 22.3% compared to last year, selling for a median price of $142K.
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
Home offer insights for Salem
Recent offers
View houses in Salem that sold recently
Recently sold homes
- $289,900 Last Sold Price5 beds3 baths2,590 sq ft500 E Norton Ave, Salem, SD 57058List Price$289,900Sale to List0% over listDays on Market51 days500 E Norton Ave, Salem, SD 57058
- $220,000 Last Sold Price4 beds2.5 baths1,852 sq ft321 E Norton Ave, Salem, SD 57058List Price$225,000Sale to List2% under listDays on Market62 days321 E Norton Ave, Salem, SD 57058
- $55,000 Last Sold Price3 beds1 bath1,028 sq ft220 W Lincoln Ave, Salem, SD 57058List Price$80,000Sale to List31% under listDays on Market258 days220 W Lincoln Ave, Salem, SD 57058
- $225,000 Last Sold Price3 beds1.5 baths1,674 sq ft401 N Douglas St, Salem, SD 57058List Price$239,900Sale to List6% under listDays on Market51 days401 N Douglas St, Salem, SD 57058
- $80,000 Last Sold Price3 beds1 bath1,184 sq ft201 E Essex Ave, Salem, SD 57058List Price$107,500Sale to List26% under listDays on Market158 days201 E Essex Ave, Salem, SD 57058
- $128,000 Last Sold Price3 beds2 baths1,131 sq ft410 N Idaho St, Salem, SD 57058List Price$125,000Sale to List2% over listDays on Market77 days410 N Idaho St, Salem, SD 57058
- $155,000 Last Sold Price3 beds1 bath1,084 sq ft630 N Hill St, Salem, SD 57058List Price$155,000Sale to List0% over listDays on Market42 days630 N Hill St, Salem, SD 57058
- $115,000 Last Sold Price2 beds1 bath1,860 sq ft131 N Dakota St, Salem, SD 57058List Price$154,900Sale to List26% under listDays on Market134 days131 N Dakota St, 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 | 104 Students | N/A |
3/10 McCook Central Elementary - 02 Public • PreK-4 | 173 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 - Minimal
Wind Factor
Heat Factor - Minor
Heat Factor
Transportation in Salem
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