Salem, IA Home Values & Market Trends
Real estate market trends reflect that there have been 8 transactions over the past year in Salem. The median value for residential home transactions that occurred over the previous year is $175,988. The number of current listings in Salem is 10, and the percentage of properties for sale in the city is 10.00%. Salem, IA currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 10 properties for sale.
Salem, IA Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 52649 | $ 175,988 $ 138/sqft |
Housing Market Summary for Salem, IA
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $0 | $0 | - |
| Median Sold Price | $72,628.5 | $80,774 | 11.22% |
| Homes For Sale | 1 | 9 | 800.00% |
| Homes Sold | 3 | 5 | 66.67% |
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, IA
Browse Homes in Salem, IA
Salem home values range from $29,759 to $469,000. The median estimated value of a home in Salem is $175,988. The median list price of a home is 0, and the total count of properties in the city is 17.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Salem, IA 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, IA; 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, IA 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, IA. There is 1 zips within Salem, IA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions52649 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Salem, IA. Auction homes and other auction properties account for 5.88% of all properties in Salem, IA. There is 1 zips within Salem, IA; of that zips, the median estimated home value for homes going to auction ranges from $155,534 in 52649 to the lowest value of $155,534 in 52649.
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Guide for Salem, IA
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 […]
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