The Salemtown housing market is somewhat competitive. The median sale price of a home in Salemtown was $1.0M last month, up 66.1% since last year. The median sale price per square foot in Salemtown is $408, up 8.9% since last year.
What is the housing market like in Salemtown today?
In October 2024, Salemtown home prices were up 66.1% compared to last year, selling for a median price of $1.0M. On average, homes in Salemtown sell after 63 days on the market compared to 40 days last year. There were 4 homes sold in October this year, down from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,017,500
+66.1% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Salemtown, TN
$1,017,500
+66.1%
United States
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How hot is the Salemtown housing market?
Salemtown is somewhat competitive. Homes sell in 57 days.
0
100
34
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 57 days.
Hot homes
can sell for around list price and go pending in around 37 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Salemtown housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Salemtown.
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Salemtown has a minor risk of flooding. 54 properties in Salemtown are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Salemtown. Flood risk is increasing slower than the national average.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Salemtown has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Salemtown is most at risk from hurricanes. 813 properties in Salemtown have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 61 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 70 mph.