315 E Elm, Salem, IL 62881
OFF MARKET

315 E Elm
Salem, IL 62881

  • 2 Beds
  • 1 Bath
  • 1,310 sqft

$115,700

Trulia Estimate
as of Aug 21, 2026
Est. Refi. Payment $833/mo*

$115,700

Trulia Estimate
as of Aug 21, 2026
Est. Refi. Payment $833/mo*
2 Beds
1 Bath
1,310 sqft

Home Value

Trulia Estimate
$116K
Since last month
Increased$1K (+1.2%)
Since last year
Increased$23K (+25.2%)
Since last sale
Increased$60K (+106.6%)
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 decreased by -16% in the last 10 years
MonthEstimated value
2026
August 2026$116K
July 2026$114K
June 2026$106K
May 2026$105K
April 2026$94K
March 2026$91K
February 2026$94K
January 2026$87K
2025
2024
2023

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
0.01
Single-Family Home
$30,000
09/03/25
2
1
1,110
0.09
Single-Family Home
$95,000
12/05/25
3
1
1,134
0.24
Single-Family Home
$112,500
04/21/26
3
1
1,259
0.35
Single-Family Home
$80,000
05/07/26
2
1
838
0.26
Single-Family Home
$37,500
07/10/26
2
1
612
0.42
Single-Family Home
$95,000
08/03/26
2
1
1,156
0.43
Single-Family Home
$62,800
01/14/26
2
1
760
0.62
Single-Family Home
$57,000
05/01/26
2
1
1,040
0.44
Single-Family Home
$80,000
05/15/26
3
1
1,092
0.58
Single-Family Home
$83,000
08/17/26
2
1
1,485

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
0.03
-
2
1
1,056
Off Market
0.01
$82,400
2
1
1,110
Off Market
0.09
$95,000
3
1
1,134
Recently Sold
0.05
$70,700
2
1
975
Off Market
0.06
$23,000
-
-
-
For Sale
0.06
$67,200
2
1
1,427
Off Market
0.12
$79,900
2
1
996
Off Market
0.13
$108,900
Studio
-
-
Off Market
0.11
$65,900
2
1
1,159
Off Market
0.15
$1,500
2
1
-
Recently Sold
0.10
-
-
-
-
Off Market
0.13
$94,800
2
1
1,120
Off Market

Local Information

  • Map ViewExplore the area around 315 E Elm.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Living Area
1,310 sqft
Price/Sqft
$88

About this House

This single-family home is located at 315 E Elm, Salem, IL. 315 E Elm is in Salem, IL and in ZIP code 62881. This property has 2 bedrooms, 1 bathroom and approximately 1,310 sqft of floor space.
315 E Elm, Salem, IL 62881 is a 2 bedroom, 1 bathroom, 1,310 sqft single-family home. It last sold for $56,000 on Jun 19, 2015. It is currently off market. The Trulia Estimate is $115,700, with a rent estimate of $1,134/month.

Home Details for 315 E Elm

Property Information

Property Type / Style
Property Type: Single Family Home

Price and Tax history

DateEventPrice
Jun 19, 2015
Source: N/A
Sold
$56,000

Market trends in Salem

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
41
4
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Salem

At least 33 Trulia users voted on each feature.
  • 95 % Say parking is easy

  • 92 % Say yards are well-kept

  • 86 % Say there's holiday spirit

  • 85 % Say car is needed

  • 85 % Say kids play outside

  • 83 % Say people would walk alone at night

  • 79 % Say it's dog friendly

  • 70 % Say it's quiet

  • 62 % Say there's wildlife

  • 56 % Say streets are well-lit

  • 52 % Say neighbors are friendly

  • 50 % Say there are sidewalks

  • 45 % Say they plan to stay for at least 5 years

  • 44 % Say it's walkable to grocery stores

  • 35 % Say it's walkable to restaurants

  • 34 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Denise Collier
    "It’s a quiet neighborhood no one bothers us. We can leave our kids bikes out in the yard and my husbands boat out in the yard and no one messes with it. "
  • Denise Collier
    "It’s quiet. No one bothers anyone. Can trust my neighbors. It’s close to the park and the schools. I can trust that my kids are safe and can walk to school without having to worry about them. I know they’re safe and they have neighbors to watch over them. "
  • Edaa16
    "Nothing really, neighbors don’t mess with me much. There’s plenty of trees for shade, and a lake to look at. But your not allowed to fish it, so I guess that’s unique. "

LGBTQ Local Legal Protections

Frequently asked questions about 315 E Elm

  • What is 315 E Elm estimated to be worth?
    Trulia's estimated value for 315 E Elm in Salem, IL is $115,700.
  • What is the price history for 315 E Elm?
    315 E Elm in Salem, IL last sold for $56,000 in June 2015.
  • Is Salem a buyer's or seller's market?
    Salem is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Salem?
    Residents describe Salem, IL as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See recently sold homes in Salem, IL.

Apartments for Rent

Off Market Homes Near 315 E Elm

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Homes for sale near 315 E Elm

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