$224,900
- 2 Beds
- 2 Baths
- 1,349 sqft
505 W Main St E, Salem, VA 24153
Est. Refi. Payment $1,393/mo*
Refinance Your HomeHome Value
Trulia Estimate
$225KSince last month
Decreased$3K (-1.1%)Since last year
Increased$3K (+1.1%)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 +10% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $225K |
| August 2026 | $225K |
| July 2026 | $227K |
| June 2026 | $229K |
| May 2026 | $223K |
| April 2026 | $218K |
| March 2026 | $220K |
| February 2026 | $216K |
| January 2026 | $217K |
2025 | |
2024 | |
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 |
|---|---|---|---|---|---|---|---|
0.33 | Condo | $195,000 | 06/17/26 | 1 | 1.5 | 950 | |
0.33 | Condo | $214,000 | 08/04/26 | 1 | 1 | 725 | |
2.46 | Condo | $245,000 | 02/12/26 | 2 | 2 | 1,075 | |
2.48 | Condo | $206,000 | 12/18/25 | 2 | 2 | 1,075 | |
2.48 | Condo | $230,000 | 04/29/26 | 3 | 2 | 1,352 | |
2.55 | Condo | $215,000 | 02/06/26 | 2 | 1.5 | 1,040 | |
2.57 | Condo | $219,000 | 08/18/26 | 2 | 1.5 | 1,040 | |
2.56 | Condo | $220,000 | 07/14/26 | 2 | 2 | 1,040 | |
2.52 | Condo | $195,000 | 10/28/25 | 2 | 1 | 1,094 | |
2.57 | Condo | $220,000 | 01/08/26 | 2 | 1 | 1,094 |
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 |
|---|---|---|---|---|---|---|
0.01 | $276,200 | 3 | 3 | 2,060 | Off Market | |
0.11 | $321,600 | 2 | 2 | 1,435 | Off Market | |
0.13 | $209,000 | 2 | 1.5 | 1,303 | Recently Sold | |
0.13 | $220,700 | 2 | 1.5 | 1,335 | Off Market | |
0.13 | $373,400 | 3 | 2.5 | 1,778 | Off Market | |
0.13 | $317,500 | 2 | 2 | 1,435 | For Sale | |
0.14 | $306,600 | 3 | 1.5 | 1,300 | Off Market | |
0.15 | $257,500 | 4 | 2 | 2,570 | Off Market | |
0.17 | $700,000 | 5 | 2.5 | 2,849 | Recently Sold | |
0.17 | $372,000 | 2 | 3 | 2,218 | Recently Sold | |
0.18 | $300,000 | 3 | 2 | 1,455 | Recently Sold | |
0.18 | $238,500 | 3 | 1 | 1,030 | Off Market |
Local Information
-- mins to
Home Highlights
Condo
Built in 1987
1,349 sqft
$167/sqft
About this House
This condo is located at 505 W Main St E, Salem, VA. 505 W Main St E is in Salem, VA and in ZIP code 24153. This property has 2 bedrooms, 2 bathrooms and approximately 1,349 sqft of floor space. This property was built in 1987.
505 W Main St E, Salem, VA 24153 is a 2 bedroom, 2 bathroom, 1,349 sqft condo built in 1987. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $224,900, with a rent estimate of $1,701/month.
Home Details for 505 W Main St E
|
|---|
Year Built Year Built: 1987 |
Property Type / Style Property Type: Condo |
Market trends in Salem
Last updated July 2026
Avg. sale price
$332K
$20.83KMoM
Sale-to-List Price
100.0%
Price per sq ft
$192
$10MoM
Available listings
139
8MoM
Around this home
What Locals Say about Salem
At least 116 Trulia users voted on each feature.
87 % Say it's dog friendly
86 % Say car is needed
82 % Say parking is easy
80 % Say yards are well-kept
73 % Say there's wildlife
73 % Say there's holiday spirit
73 % Say kids play outside
68 % Say people would walk alone at night
62 % Say it's quiet
59 % Say streets are well-lit
56 % Say neighbors are friendly
56 % Say they plan to stay for at least 5 years
40 % Say there are sidewalks
31 % Say it's walkable to grocery stores
29 % Say it's walkable to restaurants
19 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 505 W Main St E
- What is 505 W Main St E estimated to be worth?Trulia's estimated value for 505 W Main St E in Salem, VA is $224,900.
- Is Salem a buyer's or seller's market?Salem is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Salem?The median sale price in Salem is $332K. That is up $20.83K from the prior month.
- What do residents say about Salem?Residents describe Salem, VA as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Salem, VA.