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Featured local agent — New Salem, PA
Sarah Mitchell
Compass Real Estate · New Salem, PA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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New Salem, PA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$69,900median sale price
How is the New Salem, PA housing market right now?
The median home sale price in New Salem, PA is $69,900, down 62.4% year-over-year. Homes sell in an average of 14 days with 1 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is New Salem a buyer's or seller's market?
New Salem, PA is currently a seller's market, based on 1.0 months of supply and homes selling in about 14 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
14
Fast-moving
Active listings
1
1.0 months supply
Sale-to-list
100.0%
Above asking
What does the New Salem housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $69,900 |
| Median list price | $219,000 |
| Year-over-year price change | -62.4% |
| Average days on market | 14 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $47/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in New Salem by property type?
How the New Salem, PA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $69,900 | $47/sq ft | 1 | 14 days |
Source: Redfin · Updated monthly
The New Salem housing market is currently classified as a seller's market with a median sale price of $69,900. Prices have fallen 62.4% compared to last year, with homes spending an average of 14 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.8x provides context for how home values compare to local earning capacity.
Homes for sale in New Salem
There are currently 1 homes listed for sale in New Salem, Pennsylvania. The median listing price is $219K.
Active listings
1
Homes on market
Median list price
$219K
Avg. days on market
14
Days until sale
New this week
1
Newly listed
Who lives in New Salem?
Population
922
Median income
$103,750/yr
Median age
39.9 years
Owner-occupied
98.2%
College grads
21.9%
Avg commute
23.3 min
Source: U.S. Census Bureau ACS
What are homes worth in New Salem?
Zillow home value
$287,663
Price-to-income
2.8x
Source: Zillow Research
What is it like to live in New Salem?
New Salem is a community of approximately 1K residents with a median age of 39.9 years.The median household income is $103,750, which reflects a relatively affluent area with strong earning potential. 21.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 98.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, New Salem offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near New Salem, PA?
Want a head-to-head view? Compare New Salem side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in New Salem?
The median home sale price in New Salem is $69,900, down 62.4% from last year.
How long do homes stay on market in New Salem?
Homes typically spend 14 days on market before going under contract.
What is the median income in New Salem?
The median household income is $103,750 per year.
Is New Salem a buyer's or seller's market?
With 1.0 months of supply, New Salem is currently a seller's market.
What is the Zillow home value estimate for New Salem?
The Zillow Home Value Index (ZHVI) for New Salem is $287,663, representing the typical home value in the area.
How much does a single-family home cost in New Salem?
The median single-family home price in New Salem, PA is $69,900 (about $47 per square foot).
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