47167 Home Values & Market Trends
There are 202 homes currently listed for 47167. 47167 real estate market trends show that home prices range from $80,000 to $1,500,000, and the median sales price in the 47167 zip code is $184,950. The total number of properties sold within the past twelve months is 306. In 47167, 9 properties are in foreclosure, 2 are bank owned properties,and 6 are headed for auction.
47167 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Salem | $ 184,950 $ 145/sqft |
Housing Market Summary for 47167
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $189.9K | $215.4K | 13.45% |
| Median Sold Price | $183.5K | $167.9K | -8.48% |
| Homes For Sale | 154 | 199 | 29.22% |
| Homes Sold | 113 | 111 | -1.77% |
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 47167
Browse Homes in 47167
The median list price of a home in Salem, is $184,950. A total of 202 properties are for sale, and the percentage of properties for sale in the zip code is 202.00%. The total count of 47167 properties is 332.
- Pre-ForeclosurePre-foreclosure homes account for 0.30% of all residential properties in 47167 with salem containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 47167; of that cities, the estimated home value for pre-foreclosure homes ranges from $175,000 in salem to the lowest home value of $175,000 in salem.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 47167 ranges from the highest value of $285,751 in salem to the lowest value of $70,930 in salem. Bank owned homes and properties account for 0.60% of properties in 47167. There is 1 cities within 47167; salem containing 2 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 47167. Auction homes and other auction properties account for 1.81% of all properties in 47167. There is 1 cities within 47167; of that cities, the median estimated home value for homes going to auction ranges from $262,000 in salem to the lowest value of $131,765 in salem.
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Guide for 47167
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.
Tips to find a home in pre-foreclosure and get a good deal on a new home.