Housing in Salem, NY

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

Housing Market Snapshot

Source: Redfin — December 2025

Median Sale Price

$162,500

Median List Price

N/A

Price Per Sq Ft

$126

Days on Market

138

Active Inventory

4

Months of Supply

2.0

Seller's market

Zillow Home Value

$216,934

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 24.8%List Price 15.6%Apr 24Dec 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

98.7%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%

Market Activity

Source: Redfin

Homes Sold

2

Pending Sales

2

Homes Sold 100.0%New Listings 0.0%Pending 100.0%Apr 24Dec 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$126

Sale $/SF 18.9%List $/SF 31.8%Apr 24Dec 25

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

$160,900

Median Rent

$893

Total Housing Units

466

Vacancy Rate

12.7%

Owner Occupied

76.7%

Renter Occupied

23.3%

Median Property Tax

$3,369

per year

Monthly Cost (w/ Mortgage)

$884

Housing Types

Single Family
77.3%
Multi-Family
20.2%
Mobile Home
2.6%

The current median sale price in Salem, NY is $162,500 according to Redfin data. Homes spend a median of 138 days on the market. 0.0% of homes sold above asking price. The market has 2.0 months of supply. The median price per square foot is $126. The median rent is $893 per month (Census ACS). About 76.7% of housing units are owner-occupied. The median year homes were built is 1938. There are 466 total housing units.