The Salem housing market is very competitive. The median sale price of a home in Salem was $400K last month, up 10.8% since last year. The median sale price per square foot in Salem is $225, down 6.4% since last year.
In June 2025, Salem home prices were up 10.8% compared to last year, selling for a median price of $400K. On average, homes in Salem sell after 30 days on the market compared to 23 days last year. There were 23 homes sold in June this year, down from 29 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$400,000
+10.8% YoY | Jun 2025
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 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Salem.
Flood Factor - Minor
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Salem has a minor risk of flooding. 69 properties in Salem are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in Salem. Flood risk is increasing slower than the national average.
69% of properties are at risk of wildfire over the next 30 years
Fire Factor
Salem has a moderate risk of wildfire. There are 779 properties in Salem that have some risk of being affected by wildfire over the next 30 years. This represents 69% of all properties in Salem.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Salem has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Salem is most at risk from hurricanes. 1,115 properties in Salem 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 127 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 137 mph.