Salem County, VA Home Values & Market Trends
The median home price in Salem County, VA is $304,207. There were 385 home sales in Salem County, VA over the past 12 months. The median residential Salem County, VA home value for transactions over the previous year is $260,000. The number of current listings in Salem County, VA is 329, and the percentage of properties for sale is 329.00%. The county has 9 foreclosures, 6 bank owned properties, 3 headed for auction, and 329 properties for sale.
Salem County, VA Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Salem | $ 324,355 $ 219/sqft |
Housing Market Summary for Salem County, VA
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $348.5K | $402.5K | 15.50% |
| Median Sold Price | $286.3K | $269.7K | -5.79% |
| Homes For Sale | 300 | 329 | 9.67% |
| Homes Sold | 165 | 139 | -15.76% |
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 County, VA
Browse Homes in Salem County, VA
Salem County, VA home values range from $45,162 to $1,999,750. Salem is the priciest city with a median listing home price of $399,950, and Salem is most affordable with average house prices of around $399,950.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Salem County, VA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within Salem County, VA; of that cities, 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 County, VA ranges from the highest value of $259,950 in Salem to the lowest value of $151,153 in Salem. Bank owned homes and properties account for 1.23% of properties in Salem County, VA. There is 1 cities within Salem County, VA; Salem containing 7 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsSalem has 6 auction properties, the highest number of properties going to auction in a single city in the state of Salem County, VA. Auction homes and other auction properties account for 0.62% of all properties in Salem County, VA. There is 1 cities within Salem County, VA; of that cities, the median estimated home value for homes going to auction ranges from $637,350 in Salem to the lowest value of $151,823 in Salem.
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More Real Estate Resources for Salem County, VA
Guide for Salem County, VA
Virginia Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
