Salem, WV
Housing market overview · Updated weekly
$51,500median sale price
Homes sold
2
Last 12 weeks
Days on market
634
Average pace
Active listings
3
1.5 months supply
Sale-to-list
84.3%
Below asking
The Salem housing market is currently classified as a balanced market with a median sale price of $51,500. Prices have fallen 56.2% compared to last year, with homes spending an average of 634 days on market, indicating 1.5 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 3 homes listed for sale in Salem, West Virginia. The median listing price is $80K.
Active listings
3
Homes on market
Median list price
$80K
Avg. days on market
634
Days until sale
New this week
1
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 $51,500, down 56.2% from last year.
How long do homes stay on market in Salem?
Homes typically spend 634 days on market before going under contract.
Is Salem a buyer's or seller's market?
With 1.5 months of supply, Salem is currently a balanced market.
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