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Salem
  • Suburb in Virginia

Salem Real Estate Market

About Salem Real Estate

Housing
grade B
Based on home values, property taxes, housing costs, local schools, and more.
Area Feel
Sparse Suburban
Rent vs. Own
  • Rent
    36%
  • Own
    64%
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Homes for Sale

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Real Estate Costs

Median Home Value
$181,900
National
$217,500
Home Values
  • <$50k
    4%
  • $50-$99k
    6%
  • $100-$199k
    49%
  • $200-$399k
    32%
  • $400-$749k
    8%
  • $750k+
    1%
Median Rent
$913
National
$1,062
Monthly Rent
  • <$500
    2%
  • $500-$999
    64%
  • $1,000-$1,499
    28%
  • $1,500-$1,999
    2%
  • $2,000+
    4%
20%
of residents say housing is affordable. 10 responses

Home Quality

Poll
60%
of residents say the exterior quality of homes is good or excellent. 10 responses
Poll
50%
of residents say the interior quality of homes is good or excellent. 10 responses
70%
of residents say there is a good variety of homes. 10 responses
82%
of residents say there are a few vacant or abandoned properties here and there. 11 responses
70%
of residents say that parking is readily available. 10 responses

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Overview

Homes in Salem have a median value of $181,900. The median rent price in Salem is $913 and most residents own their homes. Salem is walkable, and there are a lot of parks nearby.

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