Salem Housing Information - Census

IndexSalemVirginiaNational
Median home price$173,800$248,400$184,700
Median rent asked$842$1,135$949
Avg. people per household2.32.62.6
Owner occupied households64.3%65.8%63.6%
Renter occupied households35.7%34.2%36.4%

Salem Housing Information - Zillow

IndexSalemVirginiaNational
Zillow home value index$171,400$252,900$220,100
Year over year appreciation rate6.46%3.48%7.58%
5 year average appreciation rate1.78%3.25%6.57%
10 year average appreciation rate-0.38%0.03%1.33%

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Did you know?

  • The median home price in Salem is 6% 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 13% 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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Compare Salem, VA Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Lafayette, VA721$0100%
Shawsville, VA1,420$0100%
Elliston, VA1,380$93,30049%
Roanoke, VA99,329$133,00028%
Boones Mill, VA149$140,00024%
Salem, VA25,290$173,8006%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Yukon, OK25,293$130,50029%
Immokalee, FL25,284$81,40056%
Columbine, CO25,281$308,90067%
Ossining, NY25,299$371,300101%
Belvidere, IL25,300$103,30044%
Salem, VA25,290$173,8006%
Source: The Salem, VA housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.