Housing Prices in Salem, IN
How much do homes in Salem, IN cost?
Median List Price
$152,400
$102/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $119.5K | N/A |
3 Bedrooms | $145K | $179.9K | +24.1% |
4 Bedrooms | $149.9K | $112.4K | -25.0% |
5+ Bedrooms | $289.9K | $309.9K | +6.9% |
Summary: 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 did not change, 3 bedroom homes increased by 24.1%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 6.9%.
Median List Price Compared To Nearby Cities
Washington Township | $137.4K | $198.7K | +44.6% |
Salem | $152.4K | $152.4K | 0% |
Housing Supply in Salem, IN
How many homes are available in Salem, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 8 | +14.3% |
Summary: The Salem real estate market had 8 homes for sale in April 2024, a 14.3% 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 | 2 | +100.0% |
3 Bedrooms | 3 | 3 | 0.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Salem, IN
How long does it take to sell a home in Salem, IN?
Average Listing Age
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
176 Days | 111 Days | -36.6% |
Summary: Homes in Salem had an average listing age of 111 days in Apr 2024, down by 36.6% compared to the previous year.