The median sale price of a home sold in September 2020 in Salem rose by $5,250 while total sales increased by 37.5%, according to BlockShopper.com.
In September 2020, there were 22 homes sold, with a median sale price of $81,500 - a 6.9% increase over the $76,250 median sale price for the same period of the previous year. There were 16 homes sold in Salem in September 2019.
The median sales tax in Salem for the most recent year with available data, 2018, was $1,352, approximately 1.7% of the median home sale price for September 2020.
The following table compares Salem to other Marion County cities in September 2020:
| City | Sept. 2020 Home Sales | Sept. 2019 Home Sales | % change (Total Home Sales) | Sept. 2020 Median Sales Price | Sept. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Iuka | 1 | 1 | 0% | $106,000 | $315,000 | -66.3% |
| Walnut Hill | 2 | 0 | - | $92,000 | $0 | - |
| Centralia | 30 | 19 | 57.9% | $86,375 | $41,000 | 110.7% |
| Salem | 22 | 16 | 37.5% | $81,500 | $76,250 | 6.9% |
| Central City | 1 | 0 | - | $74,900 | $0 | - |
| Vernon | 1 | 1 | 0% | $70,000 | $48,000 | 45.8% |
| Sandoval | 2 | 0 | - | $58,750 | $0 | - |
| Wamac | 1 | 0 | - | $38,500 | $0 | - |
| Kinmundy | 2 | 1 | 100% | $21,500 | $2,362 | 810.2% |
| Junction City | 2 | 1 | 100% | $8,500 | $8,000 | 6.3% |
| Odin | 1 | 0 | - | $5,000 | $0 | - |
| Kell | 0 | 2 | -100% | $0 | $59,000 | -100% |
| Patoka | 0 | 0 | - | $0 | $0 | - |
| Alma | 0 | 1 | -100% | $0 | $87,300 | -100% |
Alerts Sign-up