Salem Real Estate Market
The median sale price for homes in Salem over the last 12 months is $45,200.
The median mortgage debt is $72,994.
The price per square foot for listings in this area is $121.
The median sale price in October for single family homes is $115,000. The sale prices dropped by -33.9% from the previous month.
The number of active listings in Salem increased by 2.9% from the previous month.
The median number of days active properties have been listed is 181. This is much longer than the national average.
The number of sales in October dropped by 50% from the previous month.
The percent of owner occupied properties in Salem is 27.66% below the national average.
The percent of rental properties in Salem is 27.21% above the national average which is typical for urban areas.
Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.
