The median sale price of a home sold in April in Salem fell by $22,500 while total sales decreased by 50 percent, according to BlockShopper.com.
In April, there were five homes sold, with a median sale price of $119,000 - a 15.9 percent decrease from the $141,500 median sale price for the same period of the previous year. There were 10 homes sold in Salem in April 2021.
The median sales tax in Salem for the most recent year with available data, 2018, was $1,352, approximately 1.1 percent of the median home sale price for April.
The following table compares Salem to other Marion County cities in April:
| City | April 2022 Home Sales | April 2021 Home Sales | % change (Total Home Sales) | April 2022 Median Sales Price | April 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Salem | 5 | 10 | -50 | $119,000 | $141,500 | -15.9 |
| Centralia | 31 | 19 | 63.2 | $95,000 | $75,000 | 26.7 |
| Odin | 3 | 2 | 50 | $70,000 | $11,000 | 536.4 |
| Iuka | 4 | 3 | 33.3 | $65,500 | $270,000 | -75.7 |
| Central City | 2 | 2 | 0 | $33,000 | $28,000 | 17.9 |
| Sandoval | 1 | 2 | -50 | $15,000 | $12,500 | 20 |
| Walnut Hill | 1 | 1 | 0 | $11,000 | $229,500 | -95.2 |
| Patoka | 1 | 2 | -50 | $8,500 | $50,000 | -83 |
| Wamac | 1 | 0 | - | $7,000 | $0 | - |
| Junction City | 0 | 0 | - | $0 | $0 | - |
| Kell | 0 | 2 | -100 | $0 | $41,750 | -100 |
| Vernon | 0 | 0 | - | $0 | $0 | - |
| Kinmundy | 0 | 1 | -100 | $0 | $76,000 | -100 |
| Alma | 0 | 0 | - | $0 | $0 | - |
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