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Salem Market Report

$302,251

AVERAGE PRICE OF 200 HOMES

$495,886

AVERAGE PRICE OF 39 NEWLY BUILT HOMES

$409,805

AVERAGE PRICE OF 7 HOMES WITH A POOL

$1,010,859

AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

$292,087

AVERAGE PRICE OF 9 REDUCED PRICE HOMES

Average Home

Average Price $302,251
Avg Bedrooms 3.46 beds
Avg Bathrooms 2.3 baths

Average Price by Bedrooms

1 bedroom n/a
2 bedrooms $182,397
3 bedrooms $304,426
4 bedrooms $392,864
5 bedrooms $555,960
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Salem High School 112 $289,618 130 days
Glenvar High School 78 $266,627 114 days
Hidden Valley 9 $691,228 214 days
Northside High School 1 $995,000 667 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 200 $302,251 130 days
Newly Built Homes 39 $495,886 200 days
Homes with a Pool 7 $409,805 140 days
Multi-Million Dollar Homes 2 $1,010,859 472 days
Reduced Price Homes 9 $292,087 31 days
Distressed Homes n/a n/a n/a
Wainwright & Co. - Realtors
1202 Electric Road Ste A
Salem, VA 24153
540-819-7388
Licensed in Virginia

Last updated; multiple times July 2, 2022. Information is deemed to be reliable, but is not guaranteed. Roanoke Valley Association of Realtors© 2022 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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