240 E  Drake Ave, Salem, SD 57058
OFF MARKET

240 E Drake Ave
Salem, SD 57058

  • 2 Beds
  • 1 Bath
  • 999 sqft (on 0.57 acres)

$219,200

Trulia Estimate
as of Aug 21, 2026

$219,200

Trulia Estimate
as of Aug 21, 2026
2 Beds
1 Bath
999 sqft
(on 0.57 acres)

Home Value

Trulia Estimate
$219K
Since last month
Decreased$1K (-0.5%)
Since last year
Increased$21K (+10.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +196% in the last 10 years
MonthEstimated value
2026
August 2026$220K
July 2026$221K
June 2026$224K
May 2026$220K
April 2026$217K
March 2026$211K
February 2026$206K
January 2026$204K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.11
Single-Family Home
$128,750
06/11/26
2
1
973
0.17
Single-Family Home
$92,500
10/01/25
2
1
1,075
0.12
Single-Family Home
$222,000
02/10/26
3
1
1,240
0.39
Single-Family Home
$150,000
10/31/25
2
1
952
0.46
Single-Family Home
$135,000
10/15/25
3
1
988
0.25
Single-Family Home
$253,500
08/26/25
3
2
1,996
0.30
Single-Family Home
$115,000
05/22/26
1
2
1,020
0.24
Single-Family Home
$345,000
07/01/26
4
2
2,044
0.49
Single-Family Home
$255,000
03/06/26
3
2
1,092
0.35
Single-Family Home
$75,000
08/29/25
1
1
616

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.07
-
3
2
2,088
Off Market
0.11
$141,300
2
1
1,860
Off Market
0.09
$221,100
3
2
1,200
Off Market
0.11
$128,750
2
1
973
Recently Sold
0.12
$237,700
4
2.5
1,852
Off Market
0.12
$222,000
3
1
1,240
Recently Sold
0.14
$91,300
2
1
648
Off Market
0.17
$93,600
2
1
1,075
Off Market
0.18
$280,600
3
2.5
2,824
Off Market
0.19
-
-
-
-
Off Market
0.19
$168,100
2
1
1,080
Off Market
0.17
$202,700
2
2
1,608
Off Market

Local Information

  • Map ViewExplore the area around 240 E Drake Ave.
  • Schools1 Preschool School3 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1963
Lot Size
0.57 acres
Living Area
999 sqft
Price/Sqft
$219
Parking
Garage

About this House

This single-family home is located at 240 E Drake Ave, Salem, SD. 240 E Drake Ave is in Salem, SD and in ZIP code 57058. This property has 2 bedrooms, 1 bathroom and approximately 999 sqft of floor space. This property has a lot size of 0.57 acres and was built in 1963.
240 E Drake Ave, Salem, SD 57058 is a 2 bedroom, 1 bathroom, 999 sqft single-family home built in 1963. It is currently off market. The Trulia Estimate is $219,200, with a rent estimate of $1,007/month.

Home Details for 240 E Drake Ave

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 4

Exterior Features

Exterior Home Features
Roof: CompositionExterior: Wood, Cement Concrete
Parking & Garage
GarageParking: Garage Attached, Garage Detached

Property Information

Year Built
Year Built: 1963
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 0.57 acres

Price and Tax history

YearProperty taxTax assessment
2025
$2,600
$150,775
Home facts updated by county records

Market trends in Salem

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
8

Around this home

What Locals Say about Salem

At least 1 Trulia users voted on each feature.
  • 100 % Say it's dog friendly

  • 100 % Say it's walkable to restaurants

  • 100 % Say people would walk alone at night

  • 100 % Say there are sidewalks

  • 100 % Say streets are well-lit

  • 100 % Say kids play outside

  • 100 % Say they plan to stay for at least 5 years

  • 100 % Say yards are well-kept

  • 100 % Say it's quiet

  • 100 % Say it's walkable to grocery stores

  • 67 % Say there's holiday spirit

  • 67 % Say neighbors are friendly

  • 50 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Frequently asked questions about 240 E Drake Ave

  • What is 240 E Drake Ave estimated to be worth?
    Trulia's estimated value for 240 E Drake Ave in Salem, SD is $219,200.
  • Is Salem a buyer's or seller's market?
    Salem is currently a buyer's market, based on recent for-sale activity.
  • What are the closest schools to 240 E Drake Ave?
    The closest schools to 240 E Drake Ave in Salem, SD are Goldenview Colony School - 04 (Elementary/Middle, rated 4/10), McCook Central Elementary - 02 (Pre-K, rated 7/10), McCook Central High School - 01 (rated 6/10).
  • How big is the lot at 240 E Drake Ave?
    The lot at 240 E Drake Ave in Salem, SD is about 0.57 acres (24,750 sq ft).
  • Does 240 E Drake Ave have a garage?
    Yes, 240 E Drake Ave in Salem, SD has a garage.

Apartments for Rent

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Off Market Homes Near 240 E Drake Ave

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