Salem Real Estate Market Sees Home Sales Numbers Unchanged

With five homes sold in the Salem market over the last 30 days, we see no change from last week's numbers. However, seven new listings came into the market. The median sales price in Salem stayed put this week at $31,600. With no movement in sales and the availability of 15 months of inventory, Salem is a strong buyer's market.

Trying to find a home in Salem that offers sufficient space for your needs? Then check out these listings that have the largest living areas in the market:

$114K  

Get started right now by checking out Salem homes for sale or reviewing Salem real estate trends.

Demographic facts for Salem:

  • The median value of all homes in the area is $73,800.
  • This area usually gets 92 rainy days each year. (U.S. average: 100)
  • The area's unemployment rate is 10.4%.
  • The students per teacher ratio in this area is 10.6:1. (15.3:1 = national average)

Data reported through 10/12/2016

Comments:


©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.