Salem, NY Housing Market & Real Estate

Seller's market-30.7% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Salem, NY is $200,000, down 30.7% year-over-year with 4 active listings. The market is currently a seller's market.

$200,000median sale price

Homes sold

2

Last 12 weeks

Days on market

Average pace

Active listings

4

2.0 months supply

Sale-to-list

100.0%

Above asking

Salem, NY market data

Current housing market statistics for Salem, NY
MetricValue
Median sale price$200,000
Median list price$114,750
Year-over-year price change-30.7%
Active inventory4 listings
Months of supply2.0 months
Sale-to-list price ratio100.0%
Market conditionSeller's market

Source: Redfin · Updated weekly

The Salem housing market is currently classified as a seller's market with a median sale price of $200,000. Prices have fallen 30.7% compared to last year, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Salem

There are currently 4 homes listed for sale in Salem, New York. The median listing price is $115K.

Active listings

4

Homes on market

Median list price

$115K

New this week

2

Newly listed

Price drops:75.0%of listings
Sale-to-list:100.0%

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Frequently asked questions

What is the average home price in Salem?

The median home sale price in Salem is $200,000, down 30.7% from last year.

Is Salem a buyer's or seller's market?

With 2.0 months of supply, Salem is currently a seller's market.

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