Salem, VA Housing Market
The median sale price of a home in Salem was $258K last month, down 10.1% since last year. The median sale price per square foot in Salem is $142, up 20.8% since last year.
Salem Housing Market Trends
In August 2024, Salem home prices were down 10.1% compared to last year, selling for a median price of $258K. On average, homes in Salem sell after 6 days on the market compared to 13 days last year. There were 21 homes sold in August this year, down from 30 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Salem housing market?
View houses in Salem that sold recently
Recently sold homes
- $249,950 Last Sold Price2 beds2.5 baths1,247 sq ft1120 Kessler Mill Rd, Salem, VA 24153List Price$249,950Sale to List0% over listDays on Market37 days1120 Kessler Mill Rd, Salem, VA 24153
- $356,000 Last Sold Price3 beds3 baths3,024 sq ft1504 Narcissus St, Salem, VA 24153List Price$355,000Sale to List0% over listDays on Market33 days1504 Narcissus St, Salem, VA 24153
- $248,000 Last Sold Price3 beds1 bath1,056 sq ft1500 Penley Blvd, Salem, VA 24153List Price$249,500Sale to List1% under listDays on Market52 days1500 Penley Blvd, Salem, VA 24153
- $310,000 Last Sold Price3 beds3 baths1,935 sq ft733 Hill Ave, Salem, VA 24153List Price$300,000Sale to List3% over listDays on Market38 days733 Hill Ave, Salem, VA 24153
- $369,950 Last Sold Price3 beds2 baths1,492 sq ft119 North Oaks Dr, Salem, VA 24153List Price$369,950Sale to List0% over listDays on Market55 days119 North Oaks Dr, Salem, VA 24153
- $700,500 Last Sold Price5 beds4 baths4,429 sq ft330 Homeplace Dr, Salem, VA 24153List Price$699,950Sale to List0% over listDays on Market120 days330 Homeplace Dr, Salem, VA 24153
- $198,500 Last Sold Price2 beds1.5 baths1,285 sq ft376 Dalewood Ave, Salem, VA 24153List Price$199,000Sale to List0% under listDays on Market37 days376 Dalewood Ave, Salem, VA 24153
- $300,000 Last Sold Price—beds—baths—sq ft1601 Millbrook St, Salem, VA 24153List Price$324,500Sale to List8% under listDays on Market57 days1601 Millbrook St, Salem, VA 24153
See all recently sold homes in Salem.
See listings
Schools in Salem
- Elementary
- Middle
- High
GreatSchools Rating
8/10 South Salem Elementary School Public • K-5 | 363 Students | 7 reviews |
8/10 Fort Lewis Elementary School Public • PreK-5 | 238 Students | 2 reviews |
7/10 Glen Cove Elementary School Public • PreK-5 | 423 Students | 2 reviews |
7/10 East Salem Elementary School Public • PreK-5 | 437 Students | 10 reviews |
5/10 G.W. Carver Elementary School Public • PreK-5 | 447 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 - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minor
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
More real estate resources for Salem
New Listings in Salem
City Housing Markets
Nearby County Housing Markets
City Listings
Nearby County Listings
About us
Find us
Subsidiaries
Copyright: © 2024 Redfin. All rights reserved.
Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.