The Salem Village housing market is somewhat competitive. The median sale price of a home in Salem Village was $770K last month, down 7.0% since last year.
What is the housing market like in Salem Village today?
In November 2023, Salem Village home prices were down 7.0% compared to last year, selling for a median price of $770K.
$765K
Sale Price
$223
Sale $/Sq. Ft.
Over List Price
0.3%
Days on Market
137
Down Payment
—
Total Homes Sold
2
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How hot is the Salem Village housing market?
Salem Village is somewhat competitive. Homes sell in 137 days.
0
100
45
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 around list price and go pending in around 137 days.
Hot homes
can sell for about 1% above list price and go pending in around 59 days.
Home offer insights for Salem Village
Explore recent offers and recently sold homes in Salem Village
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 Village housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Salem Village.
Risk Factor
Flood Factor - Minor
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Salem Village has a minor risk of flooding. 23 properties in Salem Village are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Salem Village. Flood risk is increasing slower than the national average.
94% of properties are at risk of wildfire over the next 30 years
Fire Factor
Salem Village has a moderate risk of wildfire. There are 433 properties in Salem Village that have some risk of being affected by wildfire over the next 30 years. This represents 94% of all properties in Salem Village.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Salem Village has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Salem Village is most at risk from hurricanes. 456 properties in Salem Village 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 79 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 93 mph.