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Salem Real Estate Market

Housing
B
Based on home values, property taxes, housing costs, local schools, and more.
Area Feel
Sparse Suburban
Rent vs. Own
  • Rent
    34%
  • Own
    66%
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Real Estate Costs

Median Home Value
$174,000
National
$184,700
Home Values
  • <$50k
    7%
  • $50-$99k
    5%
  • $100-$199k
    49%
  • $200-$399k
    31%
  • $400-$749k
    6%
  • $750k+
    1%
Median Rent
$874
National
$949
Monthly Rent
  • <$500
    4%
  • $500-$999
    66%
  • $1,000-$1,499
    24%
  • $1,500-$1,999
    5%
  • $2,000+
    1%
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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Homes in Salem have a median value of $174,000. The median rent price in Salem is $874 and most residents own their homes. Salem is walkable, and there are a lot of parks nearby.
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