Home/Salem/Market Report

Salem Housing Market Report

August 2026 • Updated daily from MLS data

$311,374
Average Price
23
Active Listings
34
Avg Days on Market
$152
Avg Price/Sqft
0
New This Week

Inventory by Property Type

Active listings in Salem broken down by property type

23
Single Family
View listings
0
Condo
View listings
0
Townhouse
View listings
0
Multifamily
View listings

Price Distribution

How Salem home prices are distributed across price ranges

Under $100K
3
3
$100K–$200K
9
9
$200K–$300K
4
4
$300K–$500K
2
2
$500K–$750K
4
4
$750K–$1M
1
1
$1M+
0

Listings by Bedrooms

Bedroom count breakdown for active listings in Salem

0
1 Bed
0
2 Bed
16
3 Bed
7
4 Bed
0
5+ Bed

Demographics & Community

Census data for Salem, Illinois

210
Population
$57,292
Median Household Income
34.5
Median Age
$95,200
Census Median Home Value

Housing Occupancy

Total Housing Units85
Owner-Occupied55 (79.7%)
Renter-Occupied14 (20.3%)
Vacant Units16
Median Rent$675/mo

Commute & Education

Median Commute67 min
Work From Home16.7%
0
Bachelor's Degree+7.1%
High School Diploma+9.5%

Affordability & Housing Costs

HUD data for the Salem area

Fair Market Rent (2024)

Studio$560/mo
1 Bedroom$666/mo
2 Bedroom$807/mo
3 Bedroom$1,041/mo
4 Bedroom$1,219/mo

Safety & Crime Statistics

Crime data for Salem (2024)

27
Violent Crimes
86
Property Crimes
26
Burglaries
7
Vehicle Thefts

Building Permit Activity

IvyGro tracks 183 building permits issued by City of Salem, with records dating back to 2023. In the last 12 months, 66 permits were issued, down 13% from the year before. Every Salem listing on IvyGro shows the full permit history for that address: roofs, remodels, additions, and more.

183
Permits on Record
66
Issued Last 12 Months
$33,150
Median Project Value (12 mo)
$21,243,416
Total Construction Value (12 mo)

Most Common Projects (Last 5 Years)

Shed33
Temporary Pool14
Demo House13
Mobile Home Demo11
Storage Shed7
Garage6

Permits Issued by Year

2023
4
2024
66
2025
80
2026
33

See the full Salem permit report or browse Salem listings to see the permit history for any home.

School Districts

School districts serving Salem properties

111
10
7

Featured Listings in Salem

Top properties currently on the market

3608 Andrews
$299,000
3
3
1,910 sqft
3608 Andrews
Salem, IL
520 Cottonwood
$315,000
3
2
1,752 sqft
520 Cottonwood
Salem, IL
2405 Washington
$265,000
3
3
2,332 sqft
2405 Washington
Salem, IL
3275 Selmaville
$134,900
3
2
1,099 sqft
3275 Selmaville
Salem, IL
506 Indiana
$120,000
3
2
1,224 sqft
506 Indiana
Salem, IL
1204 Dawley
$167,500
4
1
2,116 sqft
1204 Dawley
Salem, IL
View All Salem Properties

Save $6,941 on the Average Salem Home

Traditional agents charge 3% commission ($9,341). With IvyGro, our broker keeps just $2,400 (negotiable at closing) and you keep the rest as your rebate.

Start Your SearchBrowse Salem Listings