Salem, VA Housing Market
The median sale price of a home in Salem was $258K last month, down 1.2% since last year. The median sale price per square foot in Salem is $146, up 13.2% since last year.
Salem Housing Market Trends
In July 2025, Salem home prices were down 1.2% compared to last year, selling for a median price of $258K. On average, homes in Salem sell after 23 days on the market compared to 10 days last year. There were 22 homes sold in July this year, down from 30 last year.

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View houses in Salem that sold recently
Recently sold homes
- $623,000 Last Sold Price4 beds3.5 baths4,786 sq ft341 Penguin Ln, Salem, VA 24153List Price$649,000Sale to List4% under listDays on Market154 days341 Penguin Ln, Salem, VA 24153
- $342,000 Last Sold Price3 beds2 baths1,625 sq ft428 N Broad St, Salem, VA 24153List Price$360,000Sale to List5% under listDays on Market71 days428 N Broad St, Salem, VA 24153
- $577,500 Last Sold Price4 beds3 baths4,272 sq ft327 N Broad St, Salem, VA 24153List Price$610,000Sale to List5% under listDays on Market58 days327 N Broad St, Salem, VA 24153
- $290,000 Last Sold Price4 beds2 baths1,908 sq ft1461 Antrim St, Salem, VA 24153List Price$290,000Sale to List0% over listDays on Market80 days1461 Antrim St, Salem, VA 24153
- $269,000 Last Sold Price3 beds2 baths1,994 sq ft2136 Bainbridge Dr, Salem, VA 24153List Price$279,000Sale to List4% under listDays on Market23 days2136 Bainbridge Dr, Salem, VA 24153
- $419,950 Last Sold Price2 beds2 baths3,357 sq ft417 Kimball Ave, Salem, VA 24153List Price$419,950Sale to List0% over listDays on Market665 days417 Kimball Ave, Salem, VA 24153
- $405,000 Last Sold Price4 beds3 baths2,482 sq ft654 Joan Cir, Salem, VA 24153List Price$425,000Sale to List5% under listDays on Market53 days654 Joan Cir, Salem, VA 24153
- $298,000 Last Sold Price3 beds2.5 baths2,457 sq ft903 Watts St, Salem, VA 24153List Price$309,950Sale to List4% under listDays on Market64 days903 Watts St, Salem, VA 24153
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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.
Flood Factor - Major
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minor
Wind Factor

Wind likelihood over time
Heat Factor - Major
Heat Factor

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