Salem, IA Housing Statistics

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A+

64%

Med. Home Val. NAT. AVG.

11%

Rent NAT. AVG.

22%

Owner Occ. NAT. AVG.

Salem Housing Information

Index	Salem	Iowa	National
Median home price	$117,089	$240,019	$326,622
Median rent asked	$1,292	$1,071	$1,444
Avg. people per household	2.5	2.4	2.6
Owner occupied households	77.5%	71.1%	63.6%
Renter occupied households	22.5%	28.9%	36.4%

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Homes For Sale In Salem, IA

502 E Oak St

Salem, IA

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Housing Quick Facts

The median home price in Salem is 64% lower than the national average.
The median rent asked in Salem is 11% lower than the national average.
The average number of people per household in Salem is 3% lower than the national average.
The number of owner occupied households in Salem is 22% higher than the national average.
The number of renter occupied households in Salem is 38% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Lockridge, IA	781	$0	100%
Rome, IA	73	$44,239	86%
Hillsboro, IA	194	$63,955	80%
Farmington, IA	659	$75,027	77%
Bonaparte, IA	471	$89,411	73%
Salem, IA	507	$117,089	64%

Cities with similar population

	Population	Home Price	National Avg.
Greenwood, NE	507	$216,834	34%
Cerulean, KY	507	$117,169	64%
Clarkedale, AR	507	$406,218	24%
Lipan, TX	507	$167,482	49%
Slatedale, PA	507	$175,554	46%
Salem, IA	507	$117,089	64%

Source: The Salem, IA housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.