Salem, IL, Real Estate
Salem currently has 34 single family homes for sale with an average list price of $183,139.71 and 11 lots for sale with an average list price of $162,700. The average annual property tax for Salem is $2,006.72.
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 April decreased in volume by 9.1% when compared to last year, while the median sale price decreased by 11.2% from $151,000 to $134,125. House sales decreased by 9.1%, while the median sale price decreased by 11.2% from $151,000 to $134,125.
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115
|
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
|
$144,500
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$157,500
|
| 2022 | 2023 | 2024 | 2025 |
| median sale price per year | |||
Median Sale Price for Salem
Number of Sales for Salem
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