Housing Prices in North Salem, IN
How much do homes in North Salem, IN cost?
Median List Price
$325,000
$134/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in North Salem has increased by 53.6% since last year.
Summary: The median home list price in North Salem was $325,000 in April 2024, up 53.6% from the previous year, and the median price per square foot was $134.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $156.1K | $187K | +19.8% |
| 3 Bedrooms | $181.4K | $300K | +65.4% |
| 4 Bedrooms | $369K | $399.4K | +8.3% |
| 5+ Bedrooms | - | $407.5K | N/A |
Summary: North Salem housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.8%, 3 bedroom homes increased by 65.4%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| North Salem | $211.6K | $325K | +53.6% |
| Eel River Township | $274.9K | $344.4K | +25.3% |
Housing Supply in North Salem, IN
How many homes are available in North Salem, IN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Summary: The North Salem real estate market had 3 homes for sale in April 2024, a 50.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The North Salem housing inventory by bedroom type for April 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 increased by 100%, and 5+ bedroom homes remained the same.
Days on Market for North Salem, IN
How long does it take to sell a home in North Salem, IN?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 162 Days | 85 Days | -47.3% |
Summary: Homes in North Salem had an average listing age of 85 days in Apr 2024, down by 47.3% compared to the previous year.
