The Salem Woods housing market is very competitive. The median sale price of a home in Salem Woods was $235K last month, down 6.0% since last year. The median sale price per square foot in Salem Woods is $199, up 8.2% since last year.
What is the housing market like in Salem Woods today?
In March 2024, Salem Woods home prices were down 6.0% compared to last year, selling for a median price of $235K. On average, homes in Salem Woods sell after 79 days on the market compared to 50 days last year. There were 3 homes sold in March this year, down from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$235,000
-6.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Salem Woods, NC
$235,000
-6.0%
United States
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How hot is the Salem Woods housing market?
Salem Woods is very competitive. Homes sell in 22 days.
0
100
70
Very 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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 5% above list price and go pending in around 22 days.
Hot homes
can sell for about 11% above list price and go pending in around 16 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
100.1%
+0.4 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Salem Woods, NC
100.1%
+0.4 pt
United States
Home offer insights for Salem Woods
Explore recent offers and recently sold homes in Salem Woods
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 Salem Woods housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Salem Woods.
Risk Factor
Flood Factor - Moderate
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Salem Woods has a moderate risk of flooding. 45 properties in Salem Woods are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Salem Woods. Flood risk is increasing slower than the national average.
84% of properties are at risk of wildfire over the next 30 years
Fire Factor
Salem Woods has a moderate risk of wildfire. There are 536 properties in Salem Woods that have some risk of being affected by wildfire over the next 30 years. This represents 84% of all properties in Salem Woods.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Salem Woods has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Salem Woods is most at risk from hurricanes. 635 properties in Salem Woods 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 63 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 69 mph.