24153 Home Values & Market Trends
There are 461 homes currently listed for 24153. 24153 real estate market trends show that home prices range from $103,900 to $1,495,000, and the median sales price in the 24153 zip code is $324,355. The total number of properties sold within the past twelve months is 591. In 24153, 13 properties are in foreclosure, 7 are bank owned properties,and 6 are headed for auction.
24153 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Salem | $ 324,355 $ 219/sqft |
Housing Market Summary for 24153
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $350K | $399.9K | 14.27% |
| Median Sold Price | $289.8K | $285.4K | -1.51% |
| Homes For Sale | 412 | 461 | 11.89% |
| Homes Sold | 241 | 230 | -4.56% |
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 24153
Browse Homes in 24153
The median list price of a home in Salem, is $324,355. A total of 461 properties are for sale, and the percentage of properties for sale in the zip code is 461.00%. The total count of 24153 properties is 717.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 24153 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 24153; 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 24153 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 0.98% of properties in 24153. There is 1 cities within 24153; 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 24153. Auction homes and other auction properties account for 0.84% of all properties in 24153. There is 1 cities within 24153; 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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Guide for 24153





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 […]

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