Salem, VA Housing Market
The median sale price of a home in Salem was $265K last month, down 14.2% since last year. The median sale price per square foot in Salem is $150, down 9.09% since last year.
Salem Housing Market Trends
In November 2025, Salem home prices were down 14.2% compared to last year, selling for a median price of $265K. On average, homes in Salem sell after 17 days on the market compared to 26 days last year. There were 26 homes sold in November this year, up from 25 last year.

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View houses in Salem that sold recently
Recently sold homes
- $325,000 Last Sold Price4 beds2 baths2,861 sq ft1703 Springfield Ave, Salem, VA 24153List Price$329,000Sale to List1% under listDays on Market123 days1703 Springfield Ave, Salem, VA 24153
- $250,000 Last Sold Price2 beds2 baths1,006 sq ft312 Cypress St, Salem, VA 24153List Price$259,950Sale to List4% under listDays on Market131 days312 Cypress St, Salem, VA 24153
- $315,000 Last Sold Price4 beds2.5 baths3,096 sq ft2825 Fairway Forest Dr, Salem, VA 24153List Price$399,950Sale to List21% under listDays on Market109 days2825 Fairway Forest Dr, Salem, VA 24153
- $515,000 Last Sold Price3 beds3 baths3,961 sq ft460 Deer Run Cir, Salem, VA 24153List Price$529,500Sale to List3% under listDays on Market116 days460 Deer Run Cir, Salem, VA 24153
- $278,000 Last Sold Price3 beds2 baths2,592 sq ft1138 Highland Rd, Salem, VA 24153List Price$275,000Sale to List1% over listDays on Market61 days1138 Highland Rd, Salem, VA 24153
- $275,000 Last Sold Price3 beds1 bath2,040 sq ft115 Craig Ave, Salem, VA 24153List Price$285,000Sale to List4% under listDays on Market69 days115 Craig Ave, Salem, VA 24153
- $377,950 Last Sold Price3 beds2 baths1,650 sq ft118 Parker Ln, Salem, VA 24153List Price$379,950Sale to List1% under listDays on Market343 days118 Parker Ln, Salem, VA 24153
- $450,000 Last Sold Price3 beds2 baths1,883 sq ft421 Deer Run Cir, Salem, VA 24153List Price$469,950Sale to List4% under listDays on Market47 days421 Deer Run Cir, Salem, VA 24153
See all recently sold homes in Salem.
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Schools in Salem
- Elementary
- Middle
- High
GreatSchools Rating
9/10 G.W. Carver Elementary School Public • PreK-5 | 432 Students | 5 reviews |
8/10 South Salem Elementary School Public • PreK-5 | 388 Students | 8 reviews |
8/10 Fort Lewis Elementary School Public • PreK-5 | 257 Students | 2 reviews |
7/10 Glen Cove Elementary School Public • PreK-5 | 407 Students | 2 reviews |
5/10 East Salem Elementary School Public • PreK-5 | 409 Students | 10 reviews |
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.
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Fire Factor - Moderate
Fire Factor

Wind Factor - Minor
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Wind likelihood over time
Heat Factor - Major
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