Housing Prices in Salem, GA

How much do homes in Salem, GA cost?

Median List Price

$170,450

$129/sqft

Based on all homes listed in the last 12 months.

Difference Since May 2023

+$15,500(+10.0%)

Key Takeaway

The list price of homes in Salem has increased by 10% since last year.

Summary: The median home list price in Salem was $170,450 in May 2024, up 10% from the previous year, and the median price per square foot was $129.

Median List Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $62.5K-
N/A
2 $87.4K$62.9K
-28.1%
3 $162.4K$181K
+11.4%
4 $329.9K$877.6K
+166.0%
5+ --
N/A

Summary: Salem housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 28.1%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 166%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Thomaston
+10.5%
Salem
+10.0%
Sunset Village
+5.0%
The Rock-Yatesville
-20.2%

Housing Supply in Salem, GA

How many homes are available in Salem, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
220.0%

Summary: The Salem real estate market had 2 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 11
0.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The Salem housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Days on Market for Salem, GA

How long does it take to sell a home in Salem, GA?

Average Listing Age

May 2023May 2024CHANGE
46 Days97 Days+108.6%

Summary: Homes in Salem had an average listing age of 97 days in May 2024, up by 108.6% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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Newest Listings in Salem, GA

Nearby Markets to Salem, GA

What housing markets are near Salem, GA?

MLS Disclaimers and Copyright

Based on information from Georgia MLS for the period 06/01/2022 - 06/01/2024

IDX Based on information from the Georgia MLS © 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 9:20:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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