Salem, VA Housing Market
The median sale price of a home in Salem was $330K last month, up 27.5% since last year. The median sale price per square foot in Salem is $144, up 11.6% since last year.
Salem Housing Market Trends
In August 2025, Salem home prices were up 27.5% compared to last year, selling for a median price of $330K. On average, homes in Salem sell after 20 days on the market compared to 6 days last year. There were 33 homes sold in August this year, up from 20 last year.

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View houses in Salem that sold recently
Recently sold homes
- $289,000 Last Sold Price3 beds2 baths1,316 sq ft2043 Mulberry St, Salem, VA 24153List Price$289,000Sale to List0% over listDays on Market49 days2043 Mulberry St, Salem, VA 24153
- $220,000 Last Sold Price3 beds1 bath891 sq ft529 Easy St, Salem, VA 24153List Price$224,950Sale to List2% under listDays on Market88 days529 Easy St, Salem, VA 24153
- $239,950 Last Sold Price3 beds1 bath1,920 sq ft1900 Captain Dr, Salem, VA 24153List Price$239,950Sale to List0% over listDays on Market39 days1900 Captain Dr, Salem, VA 24153
- $293,440 Last Sold Price4 beds2.5 baths1,434 sq ft848 Gatling Ln NW, Roanoke, VA 24017List Price$294,950Sale to List1% under listDays on Market259 days848 Gatling Ln NW, Roanoke, VA 24017
- $393,450 Last Sold Price4 beds3 baths2,339 sq ft721 Mt Vernon Ave, Salem, VA 24153List Price$399,950Sale to List2% under listDays on Market28 days721 Mt Vernon Ave, Salem, VA 24153
- $249,995 Last Sold Price3 beds2 baths1,238 sq ft1944 Burma Rd, Salem, VA 24153List Price$249,995Sale to List0% over listDays on Market151 days1944 Burma Rd, Salem, VA 24153
- $209,950 Last Sold Price3 beds1 bath2,080 sq ft612 Pyrtle Dr, Salem, VA 24153List Price$209,950Sale to List0% over listDays on Market0 days612 Pyrtle Dr, Salem, VA 24153
- $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
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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