Salem, AR Housing Market

Homes for sale

The Salem housing market is not very competitive. The median sale price of a home in Salem was $109K last month, down 27.3% since last year. The median sale price per square foot in Salem is $105, down 11.8% since last year.

Trends
Demand
Migration
Schools
Climate

Salem Housing Market Trends

What is the housing market like in Salem today?

$109K

Sale Price

-27.3%
since last year

$105

Sale $/Sq. Ft.

-11.8%
since last year

Under List Price

4.3%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Salem and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Salem add value to a home.

How hot is the Salem housing market?

Salem is not very competitive. Homes sell in 77 days.

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 4% below list price and go pending in around 77 days.
Hot homes
can sell for around list price and go pending in around 32 days.

Compare With Nearby Cities

Cherokee Village

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 51 days.
Hot homes
can sell for around list price and go pending in around 27 days.

Hardy

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 7% below list price and go pending in around 96 days.
Hot homes
can sell for about 2% below list price and go pending in around 58 days.

See more nearby cities and neighborhoods

Salem Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

Schools in Salem

Learn about schools in the Salem area

Elementary
Middle
High

GreatSchools Rating

8/10

Salem Elementary School

Public • K-6

427

Students

1 reviews

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

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.

Heat Factor - Minimal

We’re working on getting current and accurate heat risk information

Provided by First Street Foundation

More real estate resources for Salem

New Listings in Salem

Nearby City Housing Markets

Zip Code Housing Markets

72576 Housing Market

Nearby City Listings

Zip Code Listings

72576 Real Estate

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Salem, AR Housing Market

Salem Housing Market Trends

How hot is the Salem housing market?

Salem Migration & Relocation Trends

Schools in Salem

GreatSchools Rating

Climate's impact on Salem housing

Flood Factor - Major

Flood Factor

Fire Factor - Minimal

Fire Factor

Wind Factor - Minor

Wind Factor