Salem, NY Housing Market & Real Estate
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
| Metric | Value |
|---|---|
| Median sale price | $200,000 |
| Median list price | $114,750 |
| Year-over-year price change | -30.7% |
| Active inventory | 4 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 100.0% |
| Market condition | Seller'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
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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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