Salem, IL, Real Estate
Salem currently has 35 single family homes for sale with an average list price of $166,291.43 and 9 lots for sale with an average list price of $194,755.56. The average annual property tax for Salem is $2,032.53.
Browse Salem
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Salem, i.e. what's hot and what's not.
See What's Hot & What's Not in Salem
Market Trends
Salem home sales for the month of February decreased in volume by 14.3% when compared to last year, while the median sale price rose by 7.4% from $135,000 to $145,000. House sales decreased by 14.3%, while the median sale price rose by 7.4% from $135,000 to $145,000.
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115
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105
|
120
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114
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| 2022 | 2023 | 2024 | 2025 |
| # of sales per year | |||
|
$127,500
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$129,900
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$144,500
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$157,500
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| 2022 | 2023 | 2024 | 2025 |
| median sale price per year | |||
Median Sale Price for Salem
Number of Sales for Salem
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