In December 2021, Salem home prices were down 33.8% compared to last year, selling for a median price of $129K.
$850K
Sale Price
$210
Sale $/Sq. Ft.
Under List Price
2.9%
Days on Market
64
Down Payment
—
Total Homes Sold
1
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 much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Salem housing market?
Salem is not very competitive. Homes sell in 64 days.
0
100
24
Not Very Competitive
Redfin Compete Score™
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 3 months
Multiple offers are rare.
The average homes sell for about 3% below list price and go pending in around 64 days.
Hot homes
can sell for around list price and go pending in around 41 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
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.
Flood Factor - Minor
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Salem has a minor risk of flooding. 9 properties in Salem are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in Salem. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Salem has a major risk of wildfire. There are 138 properties in Salem that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Salem.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Salem has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Salem is most at risk from hurricanes. 138 properties in Salem have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 46 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 50 mph.