Housing in Salem, UT
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$649,995
Median List Price
$597,233
Price Per Sq Ft
$193
Days on Market
94
Active Inventory
91
Months of Supply
5.7
Balanced market
Zillow Home Value
$600,086
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
12.5%
Off Market in 2 Weeks
28.1%
Sale-to-List Ratio
101.1%
Seller's market
Market Activity
Source: RedfinHomes Sold
16
New Listings
39
Pending Sales
32
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$193
Median List $/SF
$192
Salem vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 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
$547,000
Median Rent
$1,691
Total Housing Units
2,795
Vacancy Rate
1.4%
Owner Occupied
94.0%
Renter Occupied
6.0%
Median Property Tax
$2,540
per year
Monthly Cost (w/ Mortgage)
$1,836
Housing Types
The current median sale price in Salem, UT is $649,995 according to Redfin data. Homes spend a median of 94 days on the market. 12.5% of homes sold above asking price. The market has 5.7 months of supply. The median price per square foot is $193. The median rent is $1,691 per month (Census ACS). About 94.0% of housing units are owner-occupied. The median year homes were built is 2004. There are 2,795 total housing units.