Housing Prices in Salem, GA
How much do homes in Salem, GA cost?
Median List Price
$195,450
$129/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Salem has increased by 59.6% since last year.
Summary: The median home list price in Salem was $195,450 in March 2024, up 59.6% from the previous year, and the median price per square foot was $129.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $62.5K | - | N/A |
| 2 Bedrooms | $90K | $111.4K | +23.8% |
| 3 Bedrooms | $204.8K | $181K | -11.6% |
| 4 Bedrooms | - | $329.9K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Salem housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.8%, 3 bedroom homes decreased by 11.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Salem | $122.4K | $195.4K | +59.6% |
| Thomaston | $174.9K | $204.9K | +17.2% |
| Sunset Village | $231.9K | $215K | -7.3% |
| The Rock-Yatesville | $399.9K | $305K | -23.7% |
Housing Supply in Salem, GA
How many homes are available in Salem, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Summary: The Salem real estate market had 3 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Salem housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Salem, GA
How long does it take to sell a home in Salem, GA?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 114 Days | 61 Days | -46.2% |
Summary: Homes in Salem had an average listing age of 61 days in Mar 2024, down by 46.2% compared to the previous year.
