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

-$50(0%)

Key Takeaway

The list price of homes in Salem has remained the same since last year.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 -$119.5K
N/A
3 $145K$179.9K
+24.1%
4 $149.9K$112.4K
-25.0%
5+ $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
+44.6%
Salem
0%

Housing Supply in Salem, IN

How many homes are available in Salem, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
78+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

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 33
0.0%
4 22
0.0%
5+ 11
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 2023Apr 2024CHANGE
176 Days111 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Salem, IN

Nearby Markets to Salem, IN