Housing in Salem Lakes, WI

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$413,400

Median List Price

$384,450

Price Per Sq Ft

$223

Days on Market

69

Active Inventory

17

Months of Supply

1.4

Seller's market

Price Trends

Source: Redfin
Sale Price 13.4%List Price 37.4%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

16.7%

Off Market in 2 Weeks

29.4%

Sale-to-List Ratio

97.6%

Buyer's market

Sold Above Asking
16.7%
Under Contract in 2 Wks
29.4%
Listings with Price Drops
5.9%

Market Activity

Source: Redfin

Homes Sold

12

New Listings

6

Pending Sales

17

Homes Sold 0.0%New Listings 53.8%Pending 41.7%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$223

Median List $/SF

$188

Sale $/SF 18.0%List $/SF 17.9%Mar 24Jan 26

Salem Lakes vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Salem Lakes 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

$281,500

Median Rent

$1,132

Total Housing Units

6,199

Vacancy Rate

6.1%

Owner Occupied

85.6%

Renter Occupied

14.4%

Median Property Tax

$4,619

per year

Monthly Cost (w/ Mortgage)

$1,345

Housing Types

Single Family
86.5%
Multi-Family
6.9%
Mobile Home
6.6%

The current median sale price in Salem Lakes, WI is $413,400 according to Redfin data. Homes spend a median of 69 days on the market. 16.7% of homes sold above asking price. The market has 1.4 months of supply. The median price per square foot is $223. The median rent is $1,132 per month (Census ACS). About 85.6% of housing units are owner-occupied. The median year homes were built is 1987. There are 6,199 total housing units.