Housing Prices in North Salem, IN

How much do homes in North Salem, IN cost?

Median List Price

$268,000

$138/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$3,000(+1.1%)

Key Takeaway

The list price of homes in North Salem has increased by 1.1% since last year.

Summary: The median home list price in North Salem was $268,000 in November 2024, up 1.1% from the previous year, and the median price per square foot was $138.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $175K$250K
+42.9%
3 $230K$284.4K
+23.7%
4 $449K-
N/A
5+ $407.5K-
N/A

Summary: North Salem housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 23.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

North Salem
+1.1%
Eel River Township
-3.9%

Housing Supply in North Salem, IN

How many homes are available in North Salem, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
24+100.0%

Summary: The North Salem real estate market had 4 homes for sale in November 2024, a 100.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 23
+50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The North 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 increased by 100%, 3 bedroom homes increased by 50%, 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

Nov 2023Nov 2024CHANGE
121 Days77 Days-36.6%

Summary: Homes in North Salem had an average listing age of 77 days in Nov 2024, down by 36.6% compared to the previous year.

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

Report Updated 17 Days Ago

Newest Listings in North Salem, IN

Nearby Markets to North Salem, IN