508 E Locust St, Salem, IL 62881
Property image
Property image
OFF MARKET

508 E Locust St
Salem, IL 62881

  • 2 Beds
  • 1 Bath
  • 1,159 sqft (on 0.36 acres)

$67,300

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $516/mo*
Refinance Your Home

$67,300

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $516/mo*
Refinance Your Home
2 Beds
1 Bath
1,159 sqft
(on 0.36 acres)

Home Value

Trulia Estimate
$67.3K
Since last month
Increased$6K (+10.1%)
Since last year
Increased$10K (+17.7%)
Since last sale
Increased$11K (+20.2%)
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 +24% in the last 10 years
MonthEstimated value
2026
August 2026$67K
July 2026$61K
June 2026$61K
May 2026$60K
April 2026$60K
March 2026$59K
February 2026$58K
January 2026$59K
2025
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
307 E Elm St, Salem, IL
0.12
Single-Family Home
$30,000
09/03/25
2
1
1,110
501 N Shelby Ave, Salem, IL
0.41
Single-Family Home
$95,000
08/03/26
2
1
1,156
803 S Maple St, Salem, IL
0.42
Single-Family Home
$80,000
05/07/26
2
1
838
900 S Rotan St, Salem, IL
0.25
Single-Family Home
$37,500
07/10/26
2
1
612
1220 S Jefferson St, Salem, IL
0.46
Single-Family Home
$86,000
09/02/25
3
1
1,106
315 S Lackey St, Salem, IL
0.39
Single-Family Home
$42,000
12/23/25
3
1
977
511 N Shelby Ave, Salem, IL
0.43
Single-Family Home
$80,000
05/15/26
3
1
1,092
515 N Marion St, Salem, IL
0.44
Single-Family Home
$62,800
01/14/26
2
1
760
621 E Oglesby St, Salem, IL
0.61
Single-Family Home
$82,000
12/01/25
2
1
865
416 S Maple St, Salem, IL
0.34
Single-Family Home
$112,500
04/21/26
3
1
1,259

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
516 E Locust St, Salem, IL 62881
0.02
$95,300
2
1
1,120
Off Market
508 S Marion Ave, Salem, IL 62881
0.06
$87,400
2
1
1,100
Off Market
511 S Hamilton St, Salem, IL 62881
0.08
$79,600
2
1
996
Off Market
S Hamilton St, Salem, IL 62881
0.06
-
-
-
-
Off Market
312 E Locust St, Salem, IL 62881
0.12
-
2
1
1,056
Off Market
307 E Elm St, Salem, IL 62881
0.12
$82,400
2
1
1,110
Off Market
527 S Rotan St, Salem, IL 62881
0.13
$95,000
3
1
1,134
Recently Sold
416 S Marion Ave, Salem, IL 62881
0.12
$82,600
3
1
1,468
Off Market
308 S Jefferson St, Salem, IL 62881
0.15
$71,800
2
1
975
Off Market
307 E Church St, Salem, IL 62881
0.15
$23,000
-
-
-
For Sale
303 E Church St, Salem, IL 62881
0.16
$67,200
2
1
1,427
Off Market

Local Information

  • Map ViewExplore the area around 508 E Locust St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1940
Lot Size
0.36 acres
Living Area
1,159 sqft
Price/Sqft
$58
Parking
Garage

About this House

You may find the screened front porch with swing and cushion already installed is your new favorite space!! Storage abounds in this 1940's bungalow with a walk-in pantry and full basement. Eat-in kitchen. Formal dining room, living room and one bedroom have original hardwood floors. Some original woodwork and doors, appliances are included, newer storms and screens and breaker box.
508 E Locust St, Salem, IL 62881 is a 2 bedroom, 1 bathroom, 1,159 sqft single-family home built in 1940. It last sold for $56,000 on Jan 31, 2025 (7% below the $59,900 asking price). It is currently off market. The Trulia Estimate is $67,300, with a rent estimate of $1,209/month.
Last check for updates: about 17 hours ago
Listed by RHONDA MULVANY, (618) 267-5946
SOMER REAL ESTATE
Bought with: Anna Lange, (618) 335-4472, SOMER REAL ESTATE
Source: MRED as distributed by MLS GRID, MLS#EB455958

Home Details for 508 E Locust St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Egress Window,FullNumber of Rooms: 17Types of Rooms: Master Bedroom, Bedroom 2, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1159 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Range, RefrigeratorDishwasherRefrigerator
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Windows, Doors, Floors & Walls
Window: Window Treatments
View
No View

Exterior Features

Exterior Home Features
Patio / Porch: PorchFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageNo Attached GarageParking Spaces: 1Parking: Yes,Detached,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Bungalow
Building
Construction Materials: FrameNot a New Construction
Property Information
Parcel Number: 1100010346

Price & Status

Price
List Price: $59,900
Status Change & Dates
Off Market Date: Wed Dec 11 2024

Location

Direction & Address
City: SalemCommunity: None
School Information
Elementary School: SalemJr High / Middle School: SalemHigh School: Salem Community High School

Lot Information

Lot Area: 0.36 acres

Offer

Listing Terms: Other

Miscellaneous

BasementMls Number: EB455958

Additional Information

Source Internet Automated Valuation DisplaySource Internet Consumer CommentSource Internet Entire Listing DisplayMRD Listing On IDX Display: YesSource Internet Address Display

Price and Tax history

DateEventPrice
Jan 31, 2025
Source: MRED as distributed by MLS GRID #EB455958
Sold
$56,000
Dec 11, 2024
Source: RMLS Alliance as distributed by MLS GRID #EB455958
Pending
$59,900
Dec 5, 2024
Source: RMLS Alliance as distributed by MLS GRID #EB455958
PendingToActive
$59,900
Nov 19, 2024
Source: RMLS Alliance as distributed by MLS GRID #EB455958
Pending
$59,900
Sep 7, 2005
Source: N/A
Sold
$17,500

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
4MoM

Around this home

View nearby schools on GreatSchools
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. "
    0
    Flag
  • 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. "
    0
    Flag
  • 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. "
    8
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information

Frequently asked questions about 508 E Locust St

  • What is 508 E Locust St estimated to be worth?
    Trulia's estimated value for 508 E Locust St in Salem, IL is $67,300.
  • What is the price history for 508 E Locust St?
    508 E Locust St in Salem, IL last sold for $56,000 in January 2025.
  • 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 508 E Locust St have air conditioning?
    Yes, 508 E Locust St in Salem, IL has air conditioning.
  • How big is the lot at 508 E Locust St?
    The lot at 508 E Locust St in Salem, IL is about 0.36 acres (15,682 sq ft).

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