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Red Key Realty
Market report, updated
Salem Home Values and Market Report
Search in the city of Salem
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Market at a glance
Over the last 12 months, homes sold for 98.7% of list price in 36 days on average.
Average price, last 12 months
What sellers asked vs. what homes actually sold for, by closing month.
Homes sold per month
Closed sales, last 12 months.
Peak: 58 sales in Jun. Last month: 42.
Where the market stands
All homes in this report, by status.
Buyer's or seller's market?
Months it would take to sell every active home at the pace of the last 6 months.
Supply and demand are roughly in balance in this market.
Average price by status
Average days on market
Browse homes by status
Choose a status to see its numbers, charts and listings.
Active homes
Currently for salePrice vs. living area
Each dot is a home. Hover a dot for its address, click it to see the home.
42 homes didn’t report living area and aren’t shown.
3 homes are larger or pricier than this chart’s scale and aren’t shown.
How long homes have been listed
Number of homes by days on market.
Bedroom mix
Number of homes by bedroom count.
42 homes didn’t report bedrooms and aren’t shown.
Highest price per ft²
Top 7 homes in this status.
All active listings
Every home in this list is on the map. Click a marker for the home.
| Address | Beds | Baths | Living ft² | List price | $ / ft² | Days on market |
|---|---|---|---|---|---|---|
| 524 Mendham WaySalem, VA 24153 | 4 | 3 | 2,021 | $410,000 | $202 | 1 day |
| 4633 Nevis DrSalem, VA 24153 | 3 | 2 | 1,973 | $399,950 | $202 | 2 days |
| 2049 S Clearing RdSalem, VA 24153 | 2 | 2 | 1,590 | $275,000 | $172 | 2 days |
| 2619 Puckett CirSalem, VA 24153 | 3 | 2 | 2,000 | $279,900 | $139 | 2 days |
| 223 Mcclelland StSalem, VA 24153 | 2 | 1 | 944 | $129,000 | $136 | 3 days |
| 1237 Carolina AveSalem, VA 24153 | 3 | 3 | 2,305 | $359,950 | $156 | 3 days |
| 113 Keesling AveSalem, VA 24153 | 4 | 2 | 1,882 | $324,000 | $172 | 4 days |
| 929 Logan StSalem, VA 24153 | 3 | 3 | 1,712 | $299,950 | $175 | 4 days |
| 134 Ferrum DrSalem, VA 24153 | 4 | 5 | 4,745 | $749,995 | $158 | 4 days |
| 1708 Richland Hills DrSalem, VA 24153 | 4 | 2 | 1,841 | $348,000 | $189 | 5 days |
Under contract homes
Pending and contingent salesPrice vs. living area
Each dot is a home. Hover a dot for its address, click it to see the home.
5 homes didn’t report living area and aren’t shown.
Days on market before going under contract
Number of homes by days on market.
Bedroom mix
Number of homes by bedroom count.
5 homes didn’t report bedrooms and aren’t shown.
Highest price per ft²
Top 7 homes in this status.
All under contract listings
Every home in this list is on the map. Click a marker for the home.
| Address | Beds | Baths | Living ft² | List price | $ / ft² | Days on market |
|---|---|---|---|---|---|---|
| 144 Johnston Park DrSalem, VA 24153 | 5 | 3 | 2,176 | $394,575 | $181 | 0 days |
| 125 Johnston Park DrSalem, VA 24153 | 4 | 3 | 1,878 | $422,275 | $224 | 0 days |
| 133 Johnston Park DrSalem, VA 24153 | 6 | 3 | 2,541 | $452,430 | $178 | 0 days |
| 140 Johnston Park DrSalem, VA 24153 | 4 | 3 | 1,878 | $373,335 | $198 | 0 days |
| 109 Johnston Park DrSalem, VA 24153 | 6 | 3 | 2,541 | $473,375 | $186 | 0 days |
| 782 Skyview RdSalem, VA 24153 | 4 | 3 | 2,403 | $419,000 | $174 | 5 days |
| 1849 Red LnSalem, VA 24153 | 3 | 2 | 1,296 | $229,000 | $176 | 7 days |
| 1805 Foxfield CirSalem, VA 24153 | 5 | 3 | 2,781 | $529,000 | $190 | 13 days |
| 4822 Cherokee Hills DrSalem, VA 24153 | 4 | 3 | 2,103 | $349,950 | $166 | 13 days |
| 2013 Mulberry StSalem, VA 24153 | 2 | 1 | 736 | $189,950 | $258 | 5 days |
Sold homes
Closed in the last 12 monthsPrice vs. living area
Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.
13 homes didn’t report living area and aren’t shown.
3 homes are larger or pricier than this chart’s scale and aren’t shown.
How long homes took to sell
Number of homes by days on market.
Bedroom mix
Number of homes by bedroom count.
30 homes didn’t report bedrooms and aren’t shown.
Highest price per ft²
Top 7 homes among the newest.
Sold price vs. list price
How close homes sold to their asking price.
All sold listings (520)
The map shows the 250 newest homes with a location. Click a marker for the home.
| Address | Beds | Baths | Living ft² | Sold price | Sold / list | $ / ft² | Days to sell | Sold date |
|---|---|---|---|---|---|---|---|---|
| 1221 Meadowview DrSalem, VA 24153 | 4 | 4 | 3,000 | $432,500 | 100.6% | $144 | 5 days | Nov 13, 2026 |
| 2140 Catlett DrSalem, VA 24153 | 3 | 1 | 1,250 | $269,900 | 100.0% | $215 | 30 days | Nov 13, 2026 |
| 2203 Inge CirSalem, VA 24153 | 4 | 1 | 1,444 | $252,500 | 100.0% | $174 | 48 days | Nov 13, 2026 |
| 1913 Kiska RdSalem, VA 24153 | 3 | 2 | 1,550 | $273,000 | 101.1% | $176 | 6 days | Nov 12, 2026 |
| 6671 Bradshaw RdSalem, VA 24153 | 3 | 3 | 1,440 | $180,000 | 90.0% | $125 | 13 days | Nov 10, 2026 |
| 1795 Laurel Mountain DrSalem, VA 24153 | 4 | 4 | 2,348 | $510,000 | 99.0% | $217 | 29 days | Nov 9, 2026 |
| 913 Dominion LnSalem, VA 24153 | 4 | 2 | 1,573 | $259,950 | 100.0% | $165 | 16 days | Nov 5, 2026 |
| 4771 Little Bear RdSalem, VA 24153 | 3 | 2 | 1,552 | $300,000 | 100.0% | $193 | 12 days | Nov 5, 2026 |
| 19 Lake AveSalem, VA 24153 | 3 | 1 | 1,105 | $239,000 | 95.6% | $216 | 17 days | Nov 5, 2026 |
| 1532 Apperson DrSalem, VA 24153 | — | — | — | $380,000 | 89.4% | — | 350 days | Nov 3, 2026 |
Questions about this market?
These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.