Salem, AR Home Values & Market Trends
Real estate market trends reflect that there have been 0 transactions over the past year in Salem. The median value for residential home transactions that occurred over the previous year is $168,568.7. The number of current listings in Salem is 14, and the percentage of properties for sale in the city is 14.00%. Salem, AR currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 14 properties for sale.
Salem, AR Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 72576 | $ 144,450 $ 86/sqft |
Housing Market Summary for Salem, AR
| Oct 2022 | September 2023 | Change | |
|---|---|---|---|
| Median Listing Price | $550K | $0 | -100.00% |
| Median Sold Price | $0 | $0 | - |
| Homes For Sale | 11 | 5 | -54.55% |
| Homes Sold | 0 | 0 | - |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Salem, AR
Browse Homes in Salem, AR
Salem home values range from $38,276 to $1,820,216. The median estimated value of a home in Salem is $168,568.7. The median list price of a home is 137,450, and the total count of properties in the city is 1,729.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Salem, AR with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Salem, AR; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Salem, AR ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Salem, AR. There is 1 zips within Salem, AR; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Salem, AR. Auction homes and other auction properties account for 0% of all properties in Salem, AR. There is 1 zips within Salem, AR; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Compare Nearby Cities
More Real Estate Resources for Salem, AR
Guide for Salem, AR
Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.
In the past year, California’s real estate market has seen a moderate rise in property values, reflecting enduring confidence despite some fluctuations, with particular note on per square foot value increases and transactional stability across the diverse county markets.
Have you been interested in REO, or real estate owned, properties? RealtyTrac helps you understand what they are and how can you buy one.
You know what a foreclosure is. You are familiar with short sales. But what are the true differences between them?