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Salem Real Estate Market Facts

  • $56,600Median home price
    57% lower than Iowa
  • $575Median rent asked
    20% lower than Iowa
  • 73.5%Home owners
    3% higher than Iowa
  • 2.0People per home
    13% lower than Iowa

Salem Home Affordability

  • $56,600Median home price
    57% lower than Iowa
  • $35,278Median home income
    35% lower than Iowa
  • 1.6xHome price to income ratio
    34% lower than Iowa

Salem Affordability Calculator

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Salem Mortgage Calculator

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Salem Demographics

  • 551Population
  • 902People / sq mile
  • 45.1Median age
  • 0.7:1Male/Female ratio

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Hillsboro, IA228$34,50081%
Rome, IA164$37,50080%
Stockport, IA250$47,00075%
Bonaparte, IA441$50,00073%
Farmington, IA961$50,60073%
Salem, IA551$56,60069%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Pettus, TX551$60,00068%
New Cuyama, CA551$91,30051%
Scio, NY551$64,00065%
Essex, MO551$77,80058%
Wibaux, MT551$77,20058%
Salem, IA551$56,60069%
Source: The Salem, IA housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).
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