The median sale price of a home sold in January 2021 in Salem fell by $13,000 while total sales decreased by 23.8%, according to BlockShopper.com.
In January 2021, there were 16 homes sold, with a median sale price of $62,000 - a 17.3% decrease over the $75,000 median sale price for the same period of the previous year. There were 21 homes sold in Salem in January 2020.
The median sales tax in Salem for the most recent year with available data, 2018, was $1,352, approximately 2.2% of the median home sale price for January 2021.
The following table compares Salem to other Marion County cities in January 2021:
| City | Jan. 2021 Home Sales | Jan. 2020 Home Sales | % change (Total Home Sales) | Jan. 2021 Median Sales Price | Jan. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Kinmundy | 3 | 0 | - | $82,000 | $0 | - |
| Odin | 1 | 1 | 0% | $75,000 | $80,000 | -6.3% |
| Salem | 16 | 21 | -23.8% | $62,000 | $75,000 | -17.3% |
| Sandoval | 1 | 0 | - | $60,000 | $0 | - |
| Patoka | 2 | 0 | - | $58,000 | $0 | - |
| Centralia | 11 | 11 | 0% | $40,000 | $121,000 | -66.9% |
| Walnut Hill | 0 | 0 | - | $0 | $0 | - |
| Junction City | 0 | 0 | - | $0 | $0 | - |
| Central City | 0 | 1 | -100% | $0 | $62,500 | -100% |
| Kell | 0 | 3 | -100% | $0 | $146,700 | -100% |
| Vernon | 0 | 0 | - | $0 | $0 | - |
| Alma | 0 | 0 | - | $0 | $0 | - |
| Wamac | 0 | 1 | -100% | $0 | $20,611 | -100% |
| Iuka | 0 | 3 | -100% | $0 | $125,000 | -100% |
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