Above, you'll find an overview of the real estate market in Salem, MO. Generally, real estate in the Salem, MO area is more affordable in Missouri, as the median price of a home in Salem, MO is $82,000, which is 42% lower than the Missouri average. The median rental price in Salem, MO is $444. This is 42% lower than the average rental price in Missouri. Home owners comprise 50.5% of the population of Salem, MO, where an average of 2.3 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Salem, MO. Below, you can search for real estate listings in Salem, MO using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.