501 E Mitchell St
Salem, IL 62881
- 2 Beds
- 1 Bath
- 1,024 sqft (on 0.35 acres)
$123,400
as of Aug 13, 2026
$123,400
as of Aug 13, 2026
2 Beds
1 Bath
1,024 sqft
(on 0.35 acres)
Home Value
Trulia Estimate
$123KSince last month
Increased$200 (+0.2%)Since last year
Increased$3K (+2.8%)Since last sale
Increased$83K (+209.4%)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 +49% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $122K |
| July 2026 | $125K |
| June 2026 | $122K |
| May 2026 | $126K |
| April 2026 | $121K |
| March 2026 | $116K |
| February 2026 | $117K |
| January 2026 | $114K |
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 |
|---|---|---|---|---|---|---|---|
0.17 | Single-Family Home | $30,000 | 09/03/25 | 2 | 1 | 1,110 | |
0.16 | Single-Family Home | $37,500 | 07/10/26 | 2 | 1 | 612 | |
0.38 | Single-Family Home | $80,000 | 05/07/26 | 2 | 1 | 838 | |
0.43 | Single-Family Home | $42,000 | 12/23/25 | 3 | 1 | 977 | |
0.36 | Single-Family Home | $86,000 | 09/02/25 | 3 | 1 | 1,106 | |
0.52 | Single-Family Home | $95,000 | 08/03/26 | 2 | 1 | 1,156 | |
0.71 | Single-Family Home | $82,000 | 12/01/25 | 2 | 1 | 865 | |
0.53 | Single-Family Home | $80,000 | 05/15/26 | 3 | 1 | 1,092 | |
0.54 | Single-Family Home | $62,800 | 01/14/26 | 2 | 1 | 760 | |
0.11 | Single-Family Home | $95,000 | 12/05/25 | 3 | 1 | 1,134 |
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 |
|---|---|---|---|---|---|---|
0.05 | $78,900 | 2 | 1 | 996 | Off Market | |
0.09 | $86,700 | 2 | 1 | 1,100 | Off Market | |
0.10 | $62,900 | 2 | 1 | 1,159 | Off Market | |
0.11 | $94,600 | 2 | 1 | 1,120 | Off Market | |
0.11 | $95,000 | 3 | 1 | 1,134 | Recently Sold | |
0.15 | - | 2 | 1 | 1,056 | Off Market | |
0.16 | - | - | - | - | Off Market | |
0.16 | $87,500 | 3 | 1 | 1,468 | Off Market | |
0.18 | $102,300 | Studio | - | - | Off Market | |
0.16 | $37,500 | 2 | 1 | 612 | Recently Sold | |
0.21 | $70,600 | 2 | 1 | 975 | Off Market | |
0.22 | $23,000 | - | - | - | For Sale |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1929
Lot Size
0.35 acres
Living Area
1,024 sqft
Price/Sqft
$121
About this House
This single-family home is located at 501 E Mitchell St, Salem, IL. 501 E Mitchell St is in Salem, IL and in ZIP code 62881. This property has 2 bedrooms, 1 bathroom and approximately 1,024 sqft of floor space. This property has a lot size of 0.35 acres and was built in 1929.
501 E Mitchell St, Salem, IL 62881 is a 2 bedroom, 1 bathroom, 1,024 sqft single-family home built in 1929. It last sold for $39,500 on Jun 7, 2018. It is currently off market. The Trulia Estimate is $123,400, with a rent estimate of $1,099/month.
Home Details for 501 E Mitchell St
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Heating & Cooling Heating: GasAir ConditioningCooling System: CentralHeating Fuel: Gas |
Appliances & Utilities Cable ReadyDishwasherMicrowaveRefrigerator |
Interior Details Ceiling Fan |
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Exterior Home Features Roof: AsphaltExterior: VinylPorch |
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Year Built Year Built: 1929 |
Property Type / Style Property Type: Single Family Home |
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Lot Area: 0.35 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 7, 2018 Source: MRED as distributed by MLS GRID #EB417347 | Sold | $39,500 |
Mar 27, 2018 Source: Agent Provided | PriceChange | $41,500 Price decreased by 8% |
Jul 11, 2017 Source: Agent Provided | PriceChange | $44,900 Price decreased by 5% |
Jun 12, 2017 Source: Agent Provided | PriceChange | $47,500 Price decreased by 1% |
May 17, 2017 Source: Agent Provided | Listed For Sale | $48,000 |
May 10, 2013 Source: N/A | Sold | $48,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $2,321 | $112,500 |
Home facts updated by county records
Market trends in Salem
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
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Available listings
41
4MoM
Around this home
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.
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Apartments for Rent
Homes for sale near 501 E Mitchell St
Off Market Homes Near 501 E Mitchell St
Frequently asked questions about 501 E Mitchell St
- What is 501 E Mitchell St estimated to be worth?Trulia's estimated value for 501 E Mitchell St in Salem, IL is $123,400.
- What is the price history for 501 E Mitchell St?501 E Mitchell St in Salem, IL last sold for $39,500 in June 2018.
- 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.
- Does 501 E Mitchell St have air conditioning?Yes, 501 E Mitchell St in Salem, IL has air conditioning.
- How big is the lot at 501 E Mitchell St?The lot at 501 E Mitchell St in Salem, IL is about 0.35 acres (15,422 sq ft).

