Housing Prices in Salem, MO
How much do homes in Salem, MO cost?
Median List Price
$156,000
$108/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Summary: The median home list price in Salem was $156,000 in April 2024, up 15.6% from the previous year, and the median price per square foot was $108.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $56K | $84.9K | +51.6% |
2 Bedrooms | $69.9K | $89.9K | +28.5% |
3 Bedrooms | $149.9K | $169K | +12.7% |
4 Bedrooms | $261.9K | $245K | -6.5% |
5+ Bedrooms | $294.9K | $399.9K | +35.6% |
Summary: Salem housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 51.6%, 2 bedroom homes increased by 28.5%, 3 bedroom homes increased by 12.7%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes increased by 35.6%.
Median List Price Compared To Nearby Cities
Salem | $134.9K | $156K | +15.6% |
Spring Creek West Township | $137K | $147.9K | +8.0% |
Spring Creek East Township | $129.4K | $134.9K | +4.3% |
Housing Supply in Salem, MO
How many homes are available in Salem, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
53 | 66 | +24.5% |
Summary: The Salem real estate market had 66 homes for sale in April 2024, a 24.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 11 | 14 | +27.3% |
3 Bedrooms | 24 | 33 | +37.5% |
4 Bedrooms | 10 | 8 | -20.0% |
5+ Bedrooms | 6 | 9 | +50.0% |
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 27.3%, 3 bedroom homes increased by 37.5%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 50%.
Days on Market for Salem, MO
How long does it take to sell a home in Salem, MO?
Average Listing Age
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
134 Days | 85 Days | -36.2% |
Summary: Homes in Salem had an average listing age of 85 days in Apr 2024, down by 36.2% compared to the previous year.