Housing in Salem, KY
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$165,000
Median List Price
N/A
Price Per Sq Ft
$142
Days on Market
79
Active Inventory
1
Months of Supply
1.0
Seller's market
Zillow Home Value
$100,806
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
100.0%
Seller's market
Market Activity
Source: RedfinHomes Sold
1
Pending Sales
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$142
Salem vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Salem is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$100,000
Median Rent
$683
Total Housing Units
299
Vacancy Rate
13.7%
Owner Occupied
76.0%
Renter Occupied
24.0%
Median Property Tax
$406
per year
Monthly Cost (w/ Mortgage)
$489
Housing Types
The current median sale price in Salem, KY is $165,000 according to Redfin data. Homes spend a median of 79 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 $142. The median rent is $683 per month (Census ACS). About 76.0% of housing units are owner-occupied. The median year homes were built is 1973. There are 299 total housing units.