Salem, SD Housing Market
The Salem housing market is somewhat competitive. The median sale price of a home in Salem was $199K last month, up 30.2% since last year. The median sale price per square foot in Salem is $165, up 64.2% since last year.
Salem Housing Market Trends
In January 2025, Salem home prices were up 30.2% compared to last year, selling for a median price of $199K.
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
- $146,000 Last Sold Price2 beds1 bath900 sq ft440 W Vermont Ave, Salem, SD 57058List Price$150,000Sale to List3% under listDays on Market103 days440 W Vermont Ave, Salem, SD 57058
- $198,500 Last Sold Price3 beds2 baths1,200 sq ft101 S Hill St, Salem, SD 57058List Price$220,000Sale to List10% under listDays on Market77 days101 S Hill St, Salem, SD 57058
- $72,000 Last Sold Price1 bed1 bath616 sq ft311 W Vermont Ave, Salem, SD 57058List Price$72,000Sale to List0% over listDays on Market81 days311 W Vermont Ave, Salem, SD 57058
- $200,000 Last Sold Price2 beds2 baths2,160 sq ft531 N Peck St, Salem, SD 57058List Price$230,000Sale to List13% under listDays on Market33 days531 N Peck St, Salem, SD 57058
- $80,000 Last Sold Price2 beds1 bath1,063 sq ft420 W Essex Ave, Salem, SD 57058List Price$96,900Sale to List17% under listDays on Market146 days420 W Essex Ave, Salem, SD 57058
- $375,000 Last Sold Price5 beds2 baths2,217 sq ft441 E Drake Ave, Salem, SD 57058List Price$374,900Sale to List0% over listDays on Market120 days441 E Drake Ave, Salem, SD 57058
- $299,000 Last Sold Price1 bed2.5 baths2,068 sq ft500 N Idaho St, Salem, SD 57058List Price$310,000Sale to List4% under listDays on Market56 days500 N Idaho St, Salem, SD 57058
- $30,000 Last Sold Price—beds—baths—sq ftN Douglas St, Salem, SD 57058List Price$37,500Sale to List20% under listDays on Market80 daysN Douglas 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 - Minor
Wind Factor

Heat Factor - Minor
Heat Factor

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