Salem, KY Home Values & Market Trends
Real estate market trends reflect that there have been 4 transactions over the past year in Salem. The median value for residential home transactions that occurred over the previous year is $164,488. The number of current listings in Salem is 8, and the percentage of properties for sale in the city is 8.00%. Salem, KY currently has 1 properties in foreclosure, 1 bank owned properties, 0 properties headed for auction, and 8 properties for sale.
Salem, KY Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 42078 | $ 164,488 $ 116/sqft |
Housing Market Summary for Salem, KY
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $145.8K | $0 | -100.00% |
| Median Sold Price | $129.1K | $192.7K | 49.29% |
| Homes For Sale | 6 | 8 | 33.33% |
| Homes Sold | 2 | 1 | -50.00% |
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, KY
Browse Homes in Salem, KY
Salem home values range from $119,900 to $239,000. The median estimated value of a home in Salem is $164,488. The median list price of a home is 0, and the total count of properties in the city is 11.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Salem, KY 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, KY; 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, KY ranges from the highest value of $154,481 in 42078 to the lowest value of $154,481 in 42078. Bank owned homes and properties account for 9.09% of properties in Salem, KY. There is 1 zips within Salem, KY; 42078 containing 1 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, KY. Auction homes and other auction properties account for 0% of all properties in Salem, KY. There is 1 zips within Salem, KY; 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.
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Guide for Salem, KY
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.
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