Housing Prices in North Salem, IN

How much do homes in North Salem, IN cost?

Median List Price

$307,400

$138/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$7,400(+2.5%)

Key Takeaway

The list price of homes in North Salem has increased by 2.5% since last year.

Summary: The median home list price in North Salem was $307,400 in October 2024, up 2.5% from the previous year, and the median price per square foot was $138.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $186.6K$213.9K
+14.6%
3 $230K$307.4K
+33.7%
4 $449K$374.9K
-16.5%
5+ $407.5K$400K
-1.8%

Summary: North Salem housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.6%, 3 bedroom homes increased by 33.7%, 4 bedroom homes decreased by 16.5%, and 5+ bedroom homes decreased by 1.8%.

Median List Price Compared To Nearby Cities

Eel River Township
+33.0%
North Salem
+2.5%

Housing Supply in North Salem, IN

How many homes are available in North Salem, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
43-25.0%

Summary: The North Salem real estate market had 3 homes for sale in October 2024, a 25.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 11
0.0%
5+ 00
0.0%

Summary: The North Salem housing inventory by bedroom type for October 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 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for North Salem, IN

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

Average Listing Age

Oct 2023Oct 2024CHANGE
105 Days141 Days+34.1%

Summary: Homes in North Salem had an average listing age of 141 days in Oct 2024, up by 34.1% compared to the previous year.

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

Report Updated 16 Days Ago

Newest Listings in North Salem, IN

Nearby Markets to North Salem, IN