Housing Prices in Salem, AL

How much do homes in Salem, AL cost?

Median List Price

$312,400

$305/sqft

Based on all homes listed in November 2024.

Difference Since Last Month

-$42,600(-12.0%)

Key Takeaway

The list price of homes in Salem has decreased by 12% since October.

Summary: The median home list price in Salem was $312,400 in November 2024, down 12% from the previous month, and the median price per square foot was $305.

Median List Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $199.9K$199.9K
0.0%
3 $389.9K$424.9K
+9.0%
4 --
N/A
5+ --
N/A

Summary: Salem housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Beulah
0.0%
Salem
-12.0%

Housing Supply in Salem, AL

How many homes are available in Salem, AL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
32-33.3%

Summary: The Salem real estate market had 2 homes for sale in November 2024, a 33.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 21
-50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Salem housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Salem, AL

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

Average Listing Age

Oct 2024Nov 2024CHANGE
35 Days65 Days+85.4%

Summary: Homes in Salem had an average listing age of 65 days in Nov 2024, up by 85.4% compared to the previous month.

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

Report Updated 21 Days Ago

Real Estate Agent illustration

Local real estate agents are ready to help you find a home here.

Connect With An Agent
Real Estate Agent illustration

Sell your home with an expert or get the job done on your own.

Sell My Home
Real Estate Agent illustration

Get a customizable mortgage solution based on today's rates.

Get Approved

Newest Listings in Salem, AL

Nearby Markets to Salem, AL

MLS Disclaimers and Copyright

Based on information from Columbus Board of REALTORS MLS, Georgia MLS, and Greater Alabama MLS for the period 10/01/2024 - 12/01/2024

The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of The Columbus Board of Realtors. Detailed information on Real estate listings held by firms other than this broker includes the Listing Brokers Firm Name. The information being provided is 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. All information provided is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 4:16:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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: 12/22/2024, 4:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2024 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 4:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Popular Cities with Homes for Sale in Alabama