Housing Prices in Salem, IN

How much do homes in Salem, IN cost?

Median List Price

$199,900

$121/sqft

Based on all homes listed in November 2024.

The Median List Price hasn't changed since October 2024.

Key Takeaway

The list price of homes in Salem has remained the same since October.

Summary: The median home list price in Salem was $199,900 in November 2024, the same as the previous month, and the median price per square foot was $121.

Median List Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $65K$65K
0.0%
2 --
N/A
3 $199.9K$199.9K
0.0%
4 $121.4K$329.9K
+171.7%
5+ $504.9K$504.9K
0.0%

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 did not change, 4 bedroom homes increased by 171.7%, and 5+ bedroom homes did not change.

Housing Supply in Salem, IN

How many homes are available in Salem, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1013+30.0%

Summary: The Salem real estate market had 13 homes for sale in November 2024, a 30.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 00
0.0%
3 56
+20.0%
4 24
+100.0%
5+ 22
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 increased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for Salem, IN

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

Average Listing Age

Oct 2024Nov 2024CHANGE
73 Days76 Days+4.4%

Summary: Homes in Salem had an average listing age of 76 days in Nov 2024, up by 4.4% compared to the previous month.

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

Report Updated 17 Days Ago

Newest Listings in Salem, IN

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