$4,891 Closing Credit*
$411,900
1,885 SqFt
3 Beds
•2 Full Baths, 1 Partial
Carson R Johns, Listing Office: Keystone Brokerage LLC
Housing Prices in Salem, UT
How much do homes in Salem, UT cost?
Median List Price
$675,445
$220/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$246,745(+57.6%)
Key Takeaway
The list price of homes in Salem has increased by 57.6% since last year.
Summary: The median home list price in Salem was $675,445 in October 2024, up 57.6% from the previous year, and the median price per square foot was $220.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $339.9K | $339.9K | 0.0% |
| 3 Bedrooms | $433.3K | $485.4K | +12.0% |
| 4 Bedrooms | - | $624.4K | N/A |
| 5+ Bedrooms | - | $909.9K | N/A |
Summary: 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 did not change, 3 bedroom homes increased by 12%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Salem, UT
How many homes are available in Salem, UT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 63 | 75 | +19.0% |
Summary: The Salem real estate market had 75 homes for sale in October 2024, a 19.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 22 | 28 | +27.3% |
| 4 Bedrooms | 13 | 16 | +23.1% |
| 5+ Bedrooms | 25 | 28 | +12.0% |
Summary: The 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 increased by 27.3%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 12%.
Days on Market for Salem, UT
How long does it take to sell a home in Salem, UT?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 435 Days | 116 Days | -73.3% |
Summary: Homes in Salem had an average listing age of 116 days in Oct 2024, down by 73.3% compared to the previous year.
Based on information from UtahRealEstate.com All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2024 UtahRealEstate.com All rights reserved.