Housing Prices in Salem, UT
How much do homes in Salem, UT cost?
Median List Price
$739,900
$199/sqft
Based on all homes listed in February 2024.
Difference Since Last Month
Summary: The median home list price in Salem was $739,900 in February 2024, down 5.7% from the previous month, and the median price per square foot was $199.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $614K | $626.9K | +2.1% |
4 Bedrooms | $794.7K | $789.9K | -0.6% |
5+ Bedrooms | $1.0M | $1.0M | -0.2% |
Summary: Salem housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes decreased by 0.2%.
Median List Price Compared To Nearby Cities
Woodland Hills | $1.4M | $1.4M | 0.0% |
Payson | $625K | $604.5K | -3.3% |
Spanish Fork | $520K | $499.5K | -3.9% |
Salem | $784.9K | $739.9K | -5.7% |
Spanish Fork-Payson | $583.6K | $536.6K | -8.0% |
Housing Supply in Salem, UT
How many homes are available in Salem, UT?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
26 | 31 | +19.2% |
Summary: The Salem real estate market had 31 homes for sale in February 2024, a 19.2% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 6 | 10 | +66.7% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 14 | 14 | 0.0% |
Summary: The Salem housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Days on Market for Salem, UT
How long does it take to sell a home in Salem, UT?
Average Listing Age
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
123 Days | 109 Days | -11.3% |
Summary: Homes in Salem had an average listing age of 109 days in Feb 2024, down by 11.3% compared to the previous month.