Salem, UT
Housing market overview · Updated weekly
$597,495median sale price
Homes sold
25
Last 12 weeks
Days on market
49
Average pace
Active listings
99
4.0 months supply
Sale-to-list
98.8%
Below asking
The Salem housing market is currently classified as a balanced market with a median sale price of $597,495. Prices have fallen 0.4% compared to last year, with homes spending an average of 49 days on market, indicating 4.0 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
Explore nearby cities in UT
Frequently asked questions
What is the average home price in Salem?
The median home sale price in Salem is $597,495, down 0.4% from last year.
How long do homes stay on market in Salem?
Homes typically spend 49 days on market before going under contract.
Is Salem a buyer's or seller's market?
With 4.0 months of supply, Salem is currently a balanced market.
Get Salem market alerts
Weekly updates on prices, inventory, and trends. Free forever.