Housing in North Salem, IN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — December 2025

Median Sale Price

$230,000

Median List Price

N/A

Price Per Sq Ft

$138

Days on Market

Active Inventory

Months of Supply

1.0

Seller's market

Zillow Home Value

$333,951

ZHVI — January 2026

Price Trends

Source: Redfin

Sale Price ↓ 2.1%List Price ↓ 43.7%Jul 24 → Dec 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

100.0%

Seller's market

Sold Above Asking

0.0%

Market Activity

Source: Redfin

Homes Sold

Homes Sold ↑ 0.0%New Listings ↓ 50.0%Pending ↑ 200.0%Jul 24 → Dec 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$138

Sale $/SF ↑ 62.4%List $/SF ↓ 50.3%Jul 24 → Dec 25

North Salem vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. North Salem is highlighted.

Median Home Value

48th%ilemost expensive$172,700show rank

Median Rent

83rd%ilemost expensive rent$1,550show rank

Median Price Per Sq Ft

34th%ilemost expensive $/sqft$138show rank

Rent Burden

94th%ilehighest rent burden30.2%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$172,700

Median Rent

$1,550

Total Housing Units

226

Vacancy Rate

11.1%

Owner Occupied

94.0%

Renter Occupied

6.0%

Median Property Tax

$1,420

per year

Monthly Cost (w/ Mortgage)

$1,338

Housing Types

Single Family

97.3%

Multi-Family

1.8%

Mobile Home

0.9%

The current median sale price in North Salem, IN is $230,000 according to Redfin data. Homes spend a median of 1 days on the market. 0.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $138. The median rent is $1,550 per month (Census ACS). About 94.0% of housing units are owner-occupied. The median year homes were built is 1938. There are 226 total housing units.