Salem, VA Housing Statistics

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12%

Med. Home Val. NAT. AVG.

4%

Rent NAT. AVG.

1%

Owner Occ. NAT. AVG.

Salem Housing Information

Index	Salem	Virginia	National
Median home price	$364,976	$434,947	$326,622
Median rent asked	$1,387	$1,703	$1,444
Avg. people per household	2.2	2.6	2.6
Owner occupied households	64.4%	65.8%	63.6%
Renter occupied households	35.6%	34.2%	36.4%

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Homes For Sale In Salem, VA

1450 Blackwood Dr

Salem, VA

2910 Carvins Cove Rd

Salem, VA

6235 Hidden Valley Dr

Roanoke, VA

607 Kessler Mill Rd

Salem, VA

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Housing Quick Facts

The median home price in Salem is 12% higher than the national average.
The median rent asked in Salem is 4% lower than the national average.
The average number of people per household in Salem is 15% lower than the national average.
The number of owner occupied households in Salem is 1% higher than the national average.
The number of renter occupied households in Salem is 2% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Lafayette, VA	840	$0	100%
Shawsville, VA	2,002	$185,268	43%
Roanoke, VA	102,987	$237,135	27%
Boones Mill, VA	154	$269,714	17%
Vinton, VA	8,401	$271,251	17%
Salem, VA	26,071	$364,976	12%

Cities with similar population

	Population	Home Price	National Avg.
Suitland, MD	26,078	$445,962	37%
Mount Pleasant, MI	26,060	$258,334	21%
Watertown, NY	26,084	$234,611	28%
Riverside, OH	26,033	$170,402	48%
Reading, MA	26,111	$1,079,231	230%
Salem, VA	26,071	$364,976	12%

Source: The Salem, VA 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.