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Salem Real Estate Market Facts

  • $75,900Median home price
    40% lower than Kentucky
  • $475Median rent asked
    31% lower than Kentucky
  • 74.8%Home owners
    12% higher than Kentucky
  • 2.1People per home
    15% lower than Kentucky

Salem Home Affordability

  • $75,900Median home price
    40% lower than Kentucky
  • $35,147Median home income
    22% lower than Kentucky
  • 2.2xHome price to income ratio
    23% lower than Kentucky

Salem Affordability Calculator

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Salem Mortgage Calculator

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Salem Demographics

  • 767Population
  • 901People / sq mile
  • 52.6Median age
  • 0.8:1Male/Female ratio

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Dycusburg, KY62$0100%
Crayne, KY120$0100%
Rosiclare, IL839$47,30074%
Cave-In-Rock, IL378$51,80072%
Golconda, IL819$55,00070%
Salem, KY767$75,90059%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Cedarville, NJ767$121,10034%
Schram City, IL767$65,90064%
Mankato, KS767$53,40071%
Carthage, IN767$78,50057%
English, IN767$55,40070%
Salem, KY767$75,90059%
Source: The Salem, KY housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).