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Salem Market Report

$542,225

AVERAGE PRICE OF 2 HOMES

$699,950

AVERAGE PRICE OF 1 HOMES WITH A POOL

Average Home

Average Price $542,225
Avg Bedrooms 3 beds
Avg Bathrooms 2.5 baths

Average Price by Bedrooms

2 bedrooms $384,500
4 bedrooms $699,950
Salem Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 115 121 150 154 157
Average Price $410,865 $408,853 $400,240 $392,100 $407,837
Avg Price Change +0.49% +2.15% +2.08% -4.01% -4.30%
Median Price $386,399 $385,776 $380,981 $375,492 $383,365
Med Price Change +0.16% +1.26% +1.46% -2.10% -4.27%
Avg Bedrooms 3.4 beds 3.42 beds 3.77 beds 3.53 beds 3.27 beds
Avg Bathrooms 2.42 baths 2.42 baths 2.62 baths 2.27 baths 1.67 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2 $542,225 52 days
Homes with a Pool 1 $699,950 88 days
United Home Group
2840 Electric Road Suite 104
Roanoke, VA 24018
434-660-6020

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
Last updated; multiple times February 9, 2025. Information is deemed to be reliable, but is not guaranteed. Roanoke Valley Association of Realtors© 2025 MLS and FBS. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited. The information on this sheet has been made available by the MLS and may not be the listing of the provider.
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