The Salem Square housing market is somewhat competitive. The median sale price of a home in Salem Square was $155K last month, up 90.1% since last year. The median sale price per square foot in Salem Square is $86, up 43.3% since last year.
What is the housing market like in Salem Square today?
In October 2024, Salem Square home prices were up 90.1% compared to last year, selling for a median price of $155K. On average, homes in Salem Square sell after 29 days on the market compared to 24 days last year. There were 6 homes sold in October this year, down from 10 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$154,950
+90.1% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Salem Square, PA
$154,950
+90.1%
United States
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How hot is the Salem Square housing market?
Salem Square is somewhat competitive. Homes sell in 26 days.
0
100
61
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 9 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 26 days.
Hot homes
can sell for about 1% above list price and go pending in around 8 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
98.1%
+0.1 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
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 Square housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Salem Square.
Flood Factor - Minor
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Salem Square has a minor risk of flooding. 19 properties in Salem Square are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in Salem Square. 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
Salem Square has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Salem Square is most at risk from hurricanes. 561 properties in Salem Square 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 70 mph.