Housing Prices in Salem Township, MO

How much do homes in Salem Township, MO cost?

Median List Price

$165,000

$111/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$30,000(+22.2%)

Key Takeaway

The list price of homes in Salem Township has increased by 22.2% since last year.

Summary: The median home list price in Salem Township was $165,000 in March 2024, up 22.2% from the previous year, and the median price per square foot was $111.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $69.9K$84.9K
+21.5%
2 $77.7K$82.2K
+5.8%
3 $139.9K$175K
+25.1%
4 $290K$269.9K
-6.9%
5+ $232.2K$399.9K
+72.2%

Summary: Salem Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.5%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 25.1%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes increased by 72.2%.

Median List Price Compared To Nearby Cities

Salem Township
+22.2%
Union Township
+20.0%

Housing Supply in Salem Township, MO

How many homes are available in Salem Township, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5856-3.4%

Summary: The Salem Township real estate market had 56 homes for sale in March 2024, a 3.4% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 12
+100.0%
2 1511
-26.7%
3 2527
+8.0%
4 1111
0.0%
5+ 65
-16.7%

Summary: The Salem Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 26.7%, 3 bedroom homes increased by 8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.

Days on Market for Salem Township, MO

How long does it take to sell a home in Salem Township, MO?

Average Listing Age

Mar 2023Mar 2024CHANGE
140 Days112 Days-20.1%

Summary: Homes in Salem Township had an average listing age of 112 days in Mar 2024, down by 20.1% compared to the previous year.

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

Report Updated 29 Days Ago

Newest Listings in Salem Township, MO

Nearby Markets to Salem Township, MO

What housing markets are near Salem Township, MO?