Salem, VA Housing Market
The median sale price of a home in Salem was $286K last month, up 27.6% since last year. The median sale price per square foot in Salem is $136, up 1.5% since last year.
Salem Housing Market Trends
In August 2023, Salem home prices were up 27.6% compared to last year, selling for a median price of $286K. On average, homes in Salem sell after 12 days on the market compared to 20 days last year. There were 30 homes sold in August this year, down from 37 last year.

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Recently sold homes
- $154,650 Last Sold Price2 Beds1 Bath1,750 Sq. Ft.800 Maryland Ave, Salem, VA 24153List Price$215,000Sale to List28% under listDays on Market51 days800 Maryland Ave, Salem, VA 24153
- $43,000 Last Sold Price2 Beds1 Bath715 Sq. Ft.1812 Springfield Ave, Salem, VA 24153List Price$44,950Sale to List4% under listDays on Market166 days1812 Springfield Ave, Salem, VA 24153
- $622,500 Last Sold Price5 Beds4 Baths4,620 Sq. Ft.2449 Keagy Rd, Salem, VA 24153List Price$615,000Sale to List1% over listDays on Market46 days2449 Keagy Rd, Salem, VA 24153
- $160,000 Last Sold Price2 Beds1 Bath1,350 Sq. Ft.649 Kesler Mill Rd, Salem, VA 24153List Price$150,000Sale to List7% over listDays on Market29 days649 Kesler Mill Rd, Salem, VA 24153
- $300,000 Last Sold Price3 Beds2 Baths1,975 Sq. Ft.2236 Irish Cir, Salem, VA 24153List Price$300,000Sale to List0% over listDays on Market78 days2236 Irish Cir, Salem, VA 24153
- $192,600 Last Sold Price3 Beds1.5 Baths2,600 Sq. Ft.104 Wilson St, Salem, VA 24153List Price$175,000Sale to List10% over listDays on Market26 days104 Wilson St, Salem, VA 24153
- $530,000 Last Sold Price4 Beds3 Baths4,803 Sq. Ft.2513 Oak Ridge Ln, Salem, VA 24153List Price$525,000Sale to List1% over listDays on Market56 days2513 Oak Ridge Ln, Salem, VA 24153
- $326,000 Last Sold Price3 Beds2.5 Baths1,912 Sq. Ft.1701 Melbourne Dr, Salem, VA 24153List Price$325,000Sale to List0% over listDays on Market35 days1701 Melbourne Dr, Salem, VA 24153
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Schools in Salem
- Elementary
- Middle
- High
GreatSchools Rating
7/10 East Salem Elementary School Public • PreK-5 | 454 Students | 10 reviews |
7/10 Fort Lewis Elementary School Public • PreK-5 | 257 Students | 2 reviews |
7/10 Glen Cove Elementary School Public • PreK-5 | 471 Students | 2 reviews |
6/10 South Salem Elementary School Public • K-5 | 419 Students | 7 reviews |
5/10 G.W. Carver Elementary School Public • PreK-5 | 439 Students | 5 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.
Flood Factor - Major
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Fire Factor - Minor
Fire Factor

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

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