New Construction Homes for Sale in Salem, VA

/2
$125,000 Lot/Land

0 Hemlock Rd NW, Roanoke, VA 24017
- 4.61 Acres
- $27,115 per Acre
Nice tract with developmental potential.

Rick Payne

MKB, REALTORS(r)

(540) 453-7745

0 Hemlock Rd NW, Roanoke, VA 24017
Explore Salem
/49
$399,950 Custom Home

5506 New Pleasant Way, Salem, VA 24153
- 3 Beds
- 2.5 Baths
- 1,675 Sq Ft
New Subdivision in Roanoke County/Glenvar School district. 1 level living with Open Floor Plan that offers a combination of Kitchen/Dining and Living Room. Primary Bedroom room features a en suite bath with walk in shower, double vanity and walk in closet. Navien tankless waterheater. Siding Color: H. Slate, Brick: Oyster Pearl and White Kitchen Cabinets

Jeannette Boyd PAGE & ASSOCIATES REAL ESTATE

5506 New Pleasant Way, Salem, VA 24153
/24
$449,950 Custom Home

2816 Russlen Dr, Salem, VA 24153
- 4 Beds
- 3.5 Baths
- 2,150 Sq Ft
Completed in 30 days! Russlen Farms is in the desirable Glenvar school district adjacent to Salem, VA. This community is conveniently located minutes from Lewis Gale Hospital, Historic Downtown Salem, Virginia, and Roanoke College. This home includes 9ft ceilings, luxury plank flooring throughout, upgraded trim, upgraded white cabinets with brushed nickel soft-close hardware and quartz

Robert Fralin R FRALIN & ASSOCIATES INC

2816 Russlen Dr, Salem, VA 24153
/61
$409,750 Custom Home

5510 New Pleasant Way, Salem, VA 24153
- 4 Beds
- 2.5 Baths
- 2,070 Sq Ft
This home is complete and ready for it's new owner. This home has 4 bedroom with Primary Bedroom on the main level. LVP flooring in Living room, dining area, kitchen and powder room. Bedrooms and steps will have carpet. Gas forced air heat, electric central air and tankless Gas water heater.

Jeannette Boyd PAGE & ASSOCIATES REAL ESTATE

5510 New Pleasant Way, Salem, VA 24153
/5
$339,950 Custom Home

324 Woodside Dr, Salem, VA 24153
- 3 Beds
- 2.5 Baths
- 1,408 Sq Ft
Woodside is in the desirable Salem school district. This community is conveniently located minutes from Lewis Gale Hospital, Historic Downtown Salem, Virginia, and Roanoke College. This home includes 9ft ceilings and luxury plank flooring throughout the main living area, upgraded white cabinets with brushed nickel hardware and quartz countertops in the kitchen, and solid surface flooring, white

Robert Fralin R FRALIN & ASSOCIATES INC

324 Woodside Dr, Salem, VA 24153
/25
$407,500 Custom Home

5594 Old Grove Ln, Salem, VA 24153
- 3 Beds
- 2.5 Baths
- 1,675 Sq Ft
This Subdivision is in the Roanoke County/Glenvar School district. 1 level living with open floor plan that offers a combination of Kitchen/Dining and Living Room. Primary Bedroom features a en-suite bath with walk in shower, double vanity and walk in closet. Tankless water heater. Cabinet colors are white.

Jeannette Boyd PAGE & ASSOCIATES REAL ESTATE

5594 Old Grove Ln, Salem, VA 24153
/3
$429,950 Townhome

407 Kimball Ave, Salem, VA 24153
- 3 Beds
- 2.5 Baths
- 1,937 Sq Ft
Welcome to this beautifully crafted 3-bedroom, 2.5-bath new construction townhome (End-unit!) offering comfort, convenience, and style. The entry-level primary suite provides the ease of main-floor living. Enjoy breathtaking views of the Blue Ridge Mountains and downtown Salem from the kitchen and deck, perfect for morning coffee or evening relaxation. The open-concept layout flows seamlessly

Brad Graham MKB, REALTORS(r)

407 Kimball Ave, Salem, VA 24153
/26
$489,990 Custom Home

7068 Fairway Ridge Rd, Salem, VA 24153
- 4 Beds
- 2.5 Baths
- 1,863 Sq Ft
New Construction in Fairway Forest - Allegheny Floorplan Enjoy up front, no surprise pricing--everything you want is already included. Plus, receive $10,000 in closing cost assistance to make your move even easier.Step into an open-concept design featuring a gourmet kitchen with quartz countertops, cushion-close cabinetry, and GE Profile stainless steel appliances--including a gas range. The main

Meg Smith MKB, REALTORS(r)

7068 Fairway Ridge Rd, Salem, VA 24153
/42
$784,950 Custom Home

726 Ambler Ln, Salem, VA 24153
- 4 Beds
- 3.5 Baths
- 2,421 Sq Ft
Welcome to your dream home! This spacious 4-bedroom, 3.5-bathroom residence offers breathtaking views of the mountains and the vibrant city of Salem. Nestled on one of the last remaining lots in the sought-after subdivision of Heritage Downs, this property is perfect for families and entertainers alike. Heritage Downs is a private planned residential development with extensive walking/mountain

Brad Graham MKB, REALTORS(r)

726 Ambler Ln, Salem, VA 24153
/40
$369,000 Custom Home

3648 Mcdaniel Dr, Salem, VA 24153
- 3 Beds
- 2 Baths
- 1,547 Sq Ft
This brand new ranch is located in the Glenvar area and conveniently located to Christiansburg and Salem. Four year extended home warranty included. It has an open floor plan with 9 ft. ceilings and luxury plank flooring throughout. You will love the white shaker cabinets, matching island, and pantry in the open kitchen and dining area. The Great Room features an accent wall, tray ceilings,

Jack Frye YOUNG REALTY COMPANY

3648 Mcdaniel Dr, Salem, VA 24153
/16
$519,990 Custom Home

7083 Fairway Ridge Rd, Salem, VA 24153
- 5 Beds
- 3.5 Baths
- 2,510 Sq Ft
New Construction in Fairway Forest - Allegheny Floorplan. Enjoy up front, no surprise pricing--everything you want is already included. Plus, receive $10,000 in closing cost assistance to make your move even easier. Step into an open-concept design featuring a gourmet kitchen with quartz countertops, cushion-close cabinetry, and GE Profile stainless steel appliances--including a gas range. The

Meg Smith MKB, REALTORS(r)

7083 Fairway Ridge Rd, Salem, VA 24153
/16
$499,990 Custom Home

7074 Fairway Ridge Rd, Salem, VA 24153
- 4 Beds
- 2.5 Baths
- 1,863 Sq Ft
New Construction in Fairway Forest - Allegheny FloorplanEnjoy up front, no surprise pricing--everything you want is already included. Plus, receive $10,000 in closing cost assistance to make your move even easier.Step into an open-concept design featuring a gourmet kitchen with quartz countertops, cushion-close cabinetry, and GE Profile stainless steel appliances--including a gas range. The main

Meg Smith MKB, REALTORS(r)

7074 Fairway Ridge Rd, Salem, VA 24153
/26
$519,990 Custom Home

7215 Fairway Ridge Cir, Salem, VA 24153
- 5 Beds
- 3.5 Baths
- 2,510 Sq Ft
Experience elevated living at The Ridge at Fairway Forest! This brand-new home sits on a premium homesite with an upgraded facade, rear covered porch, and oversized deck--perfect for enjoying breathtaking mountain views. The flat yard adds convenience and charm. Nestled behind Hidden Valley Country Club, this exclusive community offers the best of Southwest County with easy access to Electric

Meg Smith MKB, REALTORS(r)

7215 Fairway Ridge Cir, Salem, VA 24153
/21
$459,950 Custom Home

2804 Russlen Dr, Salem, VA 24153
- 4 Beds
- 2.5 Baths
- 2,150 Sq Ft
Russlen Farms is in the desirable Glenvar school district adjacent to Salem, VA. This community is conveniently located minutes from Lewis Gale Hospital, Historic Downtown Salem, Virginia, and Roanoke College. This home includes 9ft ceilings, luxury plank flooring throughout, upgraded trim, upgraded white cabinets with brushed nickel soft-close hardware and quartz countertops in the kitchen and

Robert Fralin R FRALIN & ASSOCIATES INC

2804 Russlen Dr, Salem, VA 24153
/3
$379,950 Townhome

411 Kimball Ave, Salem, VA 24153
- 1 Bed
- 1.5 Baths
- 1,003 Sq Ft
Enjoy low-maintenance living with high-impact style in this beautifully built 1-bedroom, 1.5-bath new construction townhome. Designed for comfort and future flexibility, this home features an open-concept main level with a bright kitchen, spacious living area, and a deck--all offering sweeping views you'll love waking up to. The primary bedroom also enjoys views of downtown Salem and the

Brad Graham MKB, REALTORS(r)

411 Kimball Ave, Salem, VA 24153
/5
$339,950 Custom Home

328 Woodside Dr, Salem, VA 24153
- 3 Beds
- 2.5 Baths
- 1,408 Sq Ft
Woodside is in the desirable Salem school district. This community is conveniently located minutes from Lewis Gale Hospital, Historic Downtown Salem, Virginia, and Roanoke College. This home includes 9ft ceilings and luxury plank flooring throughout the main living area, upgraded white cabinets with brushed nickel hardware and quartz countertops in the kitchen, and solid surface flooring, white

Robert Fralin R FRALIN & ASSOCIATES INC

328 Woodside Dr, Salem, VA 24153
/3
$429,950 Townhome

409 Kimball Ave, Salem, VA 24153
- 3 Beds
- 3.5 Baths
- 1,937 Sq Ft
Welcome to this beautifully crafted 3-bedroom, 2.5-bath new construction townhome offering comfort,convenience, and style. The entry-level primary suite provides the ease of main-floor living, complete with windows showcasing gorgeous views of the Blue Ridge Mountains and downtown Salem. Enjoy the same breathtaking scenery from the kitchen and deck, perfect for morning coffeeor evening

Brad Graham MKB, REALTORS(r)

409 Kimball Ave, Salem, VA 24153
/5
$379,950 Townhome

415 Kimball Ave, Salem, VA 24153
- 2 Beds
- 2 Baths
- 1,384 Sq Ft
Introducing the Townhomes at Mt. Regis! This townhome is in a great, convenient Salem location. This unit features a full walkout basement with TONS of storage. Enjoy first floor living, a turn-key lifestyle, and spectacular views on the City of Salem! Each unit has a one-car garage and driveway, along with additional parking spaces in the lot adjacent to the last unit.

Brad Graham MKB, REALTORS(r)

415 Kimball Ave, Salem, VA 24153
/72
$429,950 Custom Home

5548 Old Grove Ln, Salem, VA 24153
- 3 Beds
- 2.5 Baths
- 1,685 Sq Ft
The Charleston Plan has been the most popular for the builder and this particular home has the plus of a full basement. Great views from the deck or the patio. The open floor plan features 3 bedrooms and 2 full baths along with a powder room. On demand water heater, natural gas, pantry and a half acer lot are just a few of the perks of this house. The location is great. Just off the interstate

Nancy Page PAGE & ASSOCIATES REAL ESTATE

5548 Old Grove Ln, Salem, VA 24153
/6
$18,000 Lot/Land

TBD Laurel Mountain Rd, Salem, VA 24153
- 1.03 Acres
- $17,476 per Acre
Discover an incredible opportunity to build your custom home on this beautiful, secluded 1.030-acre wooded lot in a highly sought-after neighborhood. Nestled amongst mature trees, this property offers a peaceful and private setting, while still being conveniently located with easy access to I-81 and downtown Salem. It's also just a short drive from the conveniences and attractions of the Roanoke

Laura Kelley Berkshire Hathaway Home Services Mountain Sky Properties-Blacksburg

TBD Laurel Mountain Rd, Salem, VA 24153
/17
$349,950 Lot/Land

0 Thompson Memorial Dr Unit 921003, Salem, VA 24153
- 2.67 Acres
- $131,067 per Acre
THIS PROPERTY HAS TONS OF POTENTIAL WITH IT BEING LOCATED RIGHT NEW TO INTERSTATE 81 - 2.67 ACRES THAT COULD BE GREAT FOR DEVELOPMENT AND POSSIBLE REZONING - HIGH TRAFFIC LOCATION!

Brad Thomas MOUNTAIN VIEW REAL ESTATE LLC

0 Thompson Memorial Dr Unit 921003, Salem, VA 24153
/6
$339,000 Lot/Land

2730 W Main St, Salem, VA 24153
- 1.7 Acres
- $199,412 per Acre
An outstanding opportunity to own 1.7 acres of prime commercial land with 196 feet of frontage on W. Main Street, one of the Roanoke Valley's busiest and most visible commercial corridors. Zoned HBD (Highway Business District), this property offers remarkable versatility for a wide range of commercial or retail uses. Public water and sewer connections are available at the street, ensuring a

Reina Hernandez REAL BROKER LLC - MCLEAN

2730 W Main St, Salem, VA 24153
/11
$35,000 Lot/Land

TBD New River Oaks Dr, Austinville, VA 24312
- 1.65 Acres
- $21,264 per Acre
New River Oaks is a gated mountain community surrounded by lush natural landscapes located in the Blue Ridge Mountains of Southwest Virginia, minutes from a world of activities. Wake up each morning to fresh mountain air, breathtaking views and the peace and quiet of the rolling hills. Experience the four seasons by snow skiing in the winter, picking flowers in the spring, hiking the Blue Ridge

Sheri Turman Turman & Associates Realty LLC

TBD New River Oaks Dr, Austinville, VA 24312
/7
$49,900 Lot/Land

0 Zana Rd, Salem, VA 24153
- 2.17 Acres
- $22,995 per Acre
Nice building lot over 2 acres in desirable Salem location / Glenvar school district. Close to all amenities Salem has to offer. The lot is wood and levels out at the top offering privacy & gorgeous views from the back of the property. Contact agent for additional details. Opportunity to purchase adjacent lot as well for a total of 4.34 acres. *Possible Owner financing with 20% down, Contact

Joan Turner BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - NORTH

0 Zana Rd, Salem, VA 24153
/2
$149,950 Lot/Land

2005 E Main St, Salem, VA 24153
- 0.56 Acre
- $267,768 per Acre
+/- 0.56 AC of developable land, recently rezoned to HBD - ideal for retail, restaurant, or office endeavors.

Kristine Davis EDWIN C HALL ASSOCIATES INC

2005 E Main St, Salem, VA 24153
/14
$1,988,880 Lot/Land

0 Honeysuckle Rd Unit 74206, Roanoke, VA 24124
- 1,336.11 Acres
- $1,489 per Acre
Great Investment for development potential. Mature hardwoods. Lots of deer, turkey and bear. Convenient to Roanoke and Salem. Additional Acreage available.

Jeff Davis JEFF DAVIS & ASSOCIATES, LLC

0 Honeysuckle Rd Unit 74206, Roanoke, VA 24124
/22
$1,449,000 Lot/Land

5841 Twine Hollow Rd, Salem, VA 24153
- 31.37 Acres
- $46,191 per Acre
When opportunity knocks...This mountaintop property is a true hidden gem offering complete privacy in a tranquil woodsy setting with a beautiful 3.5 acre lake that's stocked with catfish, bass, and bluegill for your fishing enjoyment. The lake offers a beautiful setting for building your own custom home with a well, septic, and electricity already in place. The shop is approximately 4,600 sqft

Christy Crouch RE/MAX ALL POINTS

5841 Twine Hollow Rd, Salem, VA 24153
/19
$39,995 Lot/Land

6133 Poor Mountain Rd, Salem, VA 24153
- 3.3 Acres
- $12,120 per Acre
Located in the Glenvar area on wooded 3.3 acres. 81 ft of paved road frontage and 333ft of private gravel road frontage. No utilities currently. this lot is 26 minutes from downtown Salem and 6 minutes off hwy 460 offering both easy access to restaurants and shopping all while maintaining your quaint secluded home with beautiful mountain and wooded views. Also available is lot 10 MLS #.......

Dakota Carrington MKB, REALTORS(r)

6133 Poor Mountain Rd, Salem, VA 24153
/5
$120,000 Lot/Land

2774 Gleneagles Rd, Salem, VA 24153
- 1.56 Acres
- $76,923 per Acre
VERY MOTIVATED SELLER! BRING OFFERS! Golf lot with Fairway views! Beautiful wooded lot borders 15th Green and 16th Tee of Hidden Valley Country Club. Also borders the Cart Path to the golf course. Lot cannot be divided. 2,500 minimum square footage for home. Sewer easement, underground utilities.

Thomas Stover MKB, REALTORS(r) - OAK GROVE

2774 Gleneagles Rd, Salem, VA 24153
/19
$115,000 Lot/Land

0 Quail Ln, Salem, VA 24153
- 1.58 Acres
- $72,785 per Acre
9 Parcels included in this sale total Inc 1.58 acres: Parcels: 38-2-7, 38-2-8, 38-2-9, 38-2-10, 38-2-11, 38-2-12, 38-2-12.1, 38-1-4 and 26-3-14; Beautiful location at the end of an established neighborhood that is fairly wooded and would make a great, and yet fairly private spot in a great location!

Teresa Khanna T Y REALTY INCORPORATED

0 Quail Ln, Salem, VA 24153
/11
$29,000 Lot/Land

TBD New River Oaks Dr, Austinville, VA 24312
- 1.7 Acres
- $17,059 per Acre
Beautiful 1.7 acre lot - priced to sell!! New River Oaks is a gated mountain community surrounded by lush natural landscapes located in the Blue Ridge Mountains of Southwest Virginia, minutes from a world of activities. Wake up each morning to fresh mountain air, breathtaking views and the peace and quiet of the rolling hills. Experience the four seasons by snow skiing in the winter, picking

Sheri Turman Turman & Associates Realty LLC

TBD New River Oaks Dr, Austinville, VA 24312
/7
$54,900 Lot/Land

00 Zana Rd, Salem, VA 24153
- 2.17 Acres
- $25,300 per Acre
Nice building lot over 2 acres in desirable Salem location/Glenvar school district. Close to all of the amenities Salem has to offer. The lot is wood and levels out at the top offering privacy & gorgeous views from the back of the property. Contact agent for additional details. Opportunity to buy adjacent lot for a total of 4.34 acres. *Possible Owner financing with 20% down, Contact Agent for

Joan Turner BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - NORTH

00 Zana Rd, Salem, VA 24153
/35
$499,900 Lot/Land

5829 Bradshaw Rd, Salem, VA 24153
- 168 Acres
- $2,976 per Acre
Woodland Paradise that offers 3 Tracts of Land that total Approximately 168 Acres. Hunters and Sportsman this is your chance to own 3 acreage tracts of land bordering the roughly 7,000 acres of the Havens Wildlife Management Area. Hunting and Hiking Haven. Located Near the Appalachian Trail. You can explore well beyond the borders of this Valley to the Peak of the property. Build your dream home

Egon Hofmann BARKER REALTY CO

5829 Bradshaw Rd, Salem, VA 24153
/16
$68,950 Lot/Land

0 Yale Dr, Salem, VA 24153
- 2.61 Acres
- $26,418 per Acre
Discover the perfect canvas for your dream home on this beautiful 2.6-acre home site in desirable Glen Forest of West Roanoke County. This property offers an ideal balance of everyday convenience and easy accessibility. Many trees and underbrush have been cleared/removed. New entrance and gravel driveway are already in place. Electric and Water available at the street; hookup is the

Jeff Snyder WAINWRIGHT & CO., REALTORS(r)

0 Yale Dr, Salem, VA 24153
/2
$25,000 Lot/Land

3713 Shelor Ave, Salem, VA 24153
- 0.27 Acre
- $92,593 per Acre
Relatively flat lot in a quiet, established neighborhood with long-term residents. Enjoy partial mountain views and easy access to local amenities. A rare opportunity to invest in land with great potential in a highly desirable location--don't miss out!

Christine Sands MKB, REALTORS(r) - SALEM

3713 Shelor Ave, Salem, VA 24153
/2
$78,300 Lot/Land

0 Thompson Memorial Dr Unit 919368, Salem, VA 24153
- 5.22 Acres
- $15,000 per Acre
Ideally located 5.22 Acre Lot with C2 Zoning. Suitable for many Uses. Minute to Interstate 81. Easy access to Salem, New River Valley. Srong Traffic Counts.

Jeannine Hanson LONG & FOSTER - ROANOKE OFFICE

0 Thompson Memorial Dr Unit 919368, Salem, VA 24153
/22
$12,000 Lot/Land

0 Poor Mountain Rd, Salem, VA 24153
- 0.93 Acre
- $12,903 per Acre
Drive along creekside to your .9326ac of wooded privacy with mountainviews. This lot is a quick 6 minute drive from Hwy 460 and 25 minutes from restaurants and shoppingin Downtown Salem. Easily accessible to I 81. Also listed and available, just 97 ft south and 1lot away, is a lovely 3.33 ac lot accessible along the same access road.

Dakota Carrington MKB, REALTORS(r)

0 Poor Mountain Rd, Salem, VA 24153
/10
$650,000 Lot/Land

1000 BLK Polar Ln, Salem, VA 24153
- 12.45 Acres
- $52,209 per Acre
BEAUTIFUL SITE FOR SUPREME DEVELOPEMENT OR IN TOWN RETREAT. VIEWS ALL AROUND. BEST LOCATION IN SALEM FOR EVERYTHING FROM TRAVEL TO DINING. QUIET PRIVATE AND SECURE.

Phillip Darnall RE/MAX REAL ESTATE ONE

1000 BLK Polar Ln, Salem, VA 24153
Russlen Farms Community

Price To Be Determined

Salem, VA 24153
R. Fralin Homes Builder

Russlen Farms
Simms Farm Community

Price To Be Determined

Salem, VA 24153
R. Fralin Homes Builder

Simms Farm

New Homes Virginia Salem

Frequently Asked Questions

What warranties come with a new construction home?

Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.

What upgrades are included in a new build vs what is considered extras?

Builders in Salem, VA usually offer a base package and optional upgrades such as flooring, countertops, and appliances.

Do new construction homes in Salem, VA hold their value?

Yes, especially in fast-growing areas of Salem, VA. Resale values are supported by population growth, job opportunities, and desirable schools.

What happens if I find issues after moving in to new build?

Builders typically provide a post-move in warranty service to address punch list items.

Home Trends in Salem, VA

On average, homes in Salem, VA sell after 41 days on the market compared to the national average of 53 days. The median sale price for homes in Salem, VA over the last 12 months is $289,900, up 5% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$289,900

Median Single Family Sale Price

$295,000

Median Townhouse Sale Price

$286,950

Average Price Per Sq Ft

$182

Number of Homes for Sale

Last 12 months Home Sales

304

Months of Supply

1.90

Median List Price

$299,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

Salem Types of Homes for Sale

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