Salem Real Estate Market
The median mortgage debt is $53,547.
The median sale price in January for single family homes is $65,523. The sale prices dropped by -39.53% from the previous month.
The price per square foot for sales in this area is $38.
The number of active listings in Salem dropped by 6% from the previous month.
The median number of days active properties have been listed is 82. This is significantly shorter than the national average.
The number of sales in January dropped by 86.7% from the previous month.
The percent of rental properties in Salem is 10.75% above the national average which is typical for urban areas.
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