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Salem Market Trends

Today, November 26, 2009

Salem Summary

The average listing price for Salem homes for sale on Trulia was $85,356 for the week ending Nov 18, which represents an increase of 5.7%, or $4,612, compared to the prior week and a decline of 9.2%, or $8,612, compared to the week ending Oct 28.

 

Average Listing Price in Salem

Embed Info
1 yr 5 yr Max
Salem average property price
Salem – number of properties
No. BedroomsWeek ending
Nov 18
w-o-wWeek ending
Nov 11
Week ending
Nov 4
Week ending
Oct 28
1 bedroom-----
2 bedrooms$40,100+1.6%$39,467$56,386$59,100
3 bedrooms$90,694-0.3%$91,005$96,800$101,500
4 bedrooms-----
All properties$85,356+5.7%$80,744$88,756$93,968
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Homes for Sale in Salem

413 Cottonwood, Salem IL
413 Cotton…
$254,900
4 br  3 ba
4545 Hotze Road, Salem IL
4545 Hotze…
$79,900
3 br  2 ba
605 N Marion Avenue, Salem IL
605 N Mari…
$39,900
2 br  1 ba
5827 Tonti Road, Salem IL
5827 Tonti…
$129,900
5 br  1 ½ ba
314 Woodland Drive, Salem IL
314 Woodla…
$94,900
3 br  2 ba
125 Shingle Oak Drive, Salem IL
125 Shingle…
$39,000
2 br  2 ba
View all Salem Homes for Sale
 
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Salem

Real Estate Overview

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Community Info

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Nearby Cities

Cities
Median
sales price
Average
listing price
Centralia
$31,500
$112,600
Dix
$88,000
$101,400
Texico
$91,000
$101,500
Bluford
$68,000
$85,988
Woodlawn
$155,000
$169,888
Mount Vernon
$81,000
$144,051
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Advice

Recent Q&A in Salem, IL

Q: how do you know if there is a lien on a title? 2 answers
Q: Can a signed contract with $100.00 down be negated, because upon better knowledge you don't want the house? 2 answers
Q: Finding best agent to market property 14 answers

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Our real estate market trends page gives you a valuable overview of the Salem real estate market. Find Salem properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Salem average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Salem housing statistics are available for each Salem, IL neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.