Salem, SD 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 $195,000. The number of current listings in Salem is 26, and the percentage of properties for sale in the city is 26.00%. Salem, SD currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 26 properties for sale.
Salem, SD Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 57058 | $ 195,000 $ 151/sqft |
Housing Market Summary for Salem, SD
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $75,000 | $75,000 | - |
| Median Sold Price | $0 | $0 | - |
| Homes For Sale | 20 | 26 | 30.00% |
| 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, SD
Browse Homes in Salem, SD
Salem home values range from $65,521 to $440,000. The median estimated value of a home in Salem is $195,000. The median list price of a home is 75,000, and the total count of properties in the city is 28.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Salem, SD 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, SD; 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, SD 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, SD. There is 1 zips within Salem, SD; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions57058 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Salem, SD. Auction homes and other auction properties account for 3.57% of all properties in Salem, SD. There is 1 zips within Salem, SD; of that zips, the median estimated home value for homes going to auction ranges from $123,462 in 57058 to the lowest value of $123,462 in 57058.
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Guide for Salem, SD
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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