Salem Real Estate Market
The median sale price for homes in Salem over the last 12 months is $74,750.
The median mortgage debt is $60,873.
The price per square foot for listings in this area is $73.
The median sale price in December for single family homes is $36,000. The sale prices dropped by -44.61% from the previous month.
The price per square foot for sales in this area is $10.
The number of active listings in Salem increased by 1.5% from the previous month.
The median number of days active properties have been listed is 94.
The number of sales in December dropped by 95.7% from the previous month.
The percent of rental properties in Salem is 12.35% above the national average which is typical for urban areas.
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