Salem, IL Homes for Sale under $100,000

/10
$39,900
- Land
- 1.5 Acres
- $26,600 per Acre
Lots Oak Park, Salem, IL 62881

Approximately 1.5 Acres | 15 Lots | Salem, IL Oak Park Addition 2 LOTS 1-4 & 12-21Excellent opportunity to own 1.5 acres consisting of 15 platted lots in a convenient Salem location. The property offers multiple buildable areas with utilities available at the road, making future development straightforward. Enjoy easy access while still benefiting from the established mature trees that

Siretha Howe Midwest Farm & Land Co

Lots Oak Park, Salem, IL 62881
/6
$7,500
- Land
- 10,890 Sq Ft
- $30,000 per Acre
625 Marion Ave, Salem, IL 62881

Residential vacant lot in Salem offering a level building site with paved road access. Former homesite with utilities available at the road, making it a convenient option for new construction. The lot features well-maintained ditches for proper drainage and sits on a corner location for easy access. Ready to build with city approval and setback requirements. Affordable opportunity to bring your

Siretha Howe Midwest Farm & Land Co

625 Marion Ave, Salem, IL 62881
/39
$95,000
- Land
- 6,969 Sq Ft
- $593,750 per Acre
121-123 W Main St, Salem, IL 62881

This beautiful old building is full of history in the downtown Salem district. With some work this gem of a building could be an amazing location for your business.If you are looking to purchase a building as an investment property. Or potentially a place for your business you will want to check this location out. There is quite a bit of income potential. Some former business housed in this

Siretha Howe Midwest Farm & Land Co

121-123 W Main St, Salem, IL 62881
/25
$78,000
- 3 Beds
- 1 Bath
- 985 Sq Ft
721 W Whittaker St, Salem, IL 62881

Welcome to this cozy and affordable 3-bedroom, 1-bath home offering approximately 988 sq. ft. of comfortable living space. Perfect for first-time buyers, small families, or those looking to downsize, this charming property provides a warm and inviting atmosphere you'll love coming home to. The home sits on a spacious lot with a large yard, giving plenty of room for children to run and play, pets

Siretha Howe MIDWEST FARM & LAND

721 W Whittaker St, Salem, IL 62881
/2
$2,500
- Land
- 6,098 Sq Ft
- $17,857 per Acre
1302 S Rotan St, Salem, IL 62881

This 6,111 sq. ft. (0.14 acres) residential lot in the Lake Park Addition subdivision, Salem Township, IL, presents a great opportunity to build your vision. Salem, located in Marion County, offers a small-town charm with a rich history and a strong sense of community. Known as the "Home of the World's Largest Tomato," the city provides a peaceful, rural atmosphere while offering modern

Henry Torn List With Freedom.com

1302 S Rotan St, Salem, IL 62881
/6
$59,900
- Land
- 0 Sq Ft
799 E Main St, Salem, IL 62881

Great frontage exposure on Route 50 east of downtown Salem. 3 lots included. The larger area is zoned B3 business and the other part is zoned RS2. Home and former business are no longer in place leaving the area open to your own development vision. Gather your thoughts and make an appointment with the city to discuss the TIF4 incentives. A portion of the land is in a flood plain.

Stacey Russell SOMER REAL ESTATE

799 E Main St, Salem, IL 62881
/6
$25,000
- Land
- 0 Sq Ft
Lot 12 Cross Creek Blvd, Salem, IL 62881

Prime commercial lot located in the heart of town! This high-visibility property offers excellent foot and vehicle traffic, ideal for retail, office, or restaurant development. Surrounded by established businesses and close to major roads, it's a rare opportunity to bring your vision to life in a thriving area. THIS LOT HAS STACKED INCENTIVES. It is in a TIF and Enterprise zone offering tax

Jacqueline Ice Equity Realty Group

Lot 12 Cross Creek Blvd, Salem, IL 62881
/10
$39,900
- Land
- 1.5 Acres
- $26,600 per Acre
Lots Oak Park Dr, Salem, IL 62881

Approximately 1.5 Acres | 15 Lots | Salem, IL Oak Park Addition Excellent opportunity to own 1.5 acres consisting of 15 platted lots in a convenient Salem location. The property offers multiple buildable areas with utilities available at the road, making future development straightforward. Enjoy easy access while still benefiting from the established mature trees that provide natural beauty and

Siretha Howe MIDWEST FARM & LAND

Lots Oak Park Dr, Salem, IL 62881
/9
$12,500
- 3 Beds
- 2 Baths
- 1,375 Sq Ft
419 S Pearl St, Salem, IL 62881

Investor special on a corner lot in Salem, IL, this 3-bedroom, 2 bath home of roughly 1,365-1,375 square feet is a full rehab project being sold strictly as-is, ideal for an experienced buyer seeking a true value-add flip. With interior and exterior updates needed throughout-but utilities and layout offering a solid starting point-this property gives investors room to redesign, modernize, and

Tytus Cousins Intellectual Real Estate Services and Investments

419 S Pearl St, Salem, IL 62881
/31
$99,900
- 2 Beds
- 1 Bath
- 940 Sq Ft
212 W Allmon St, Salem, IL 62881

Charming 2-bedroom, 1-bath home offering comfort and convenience with an attached garage that includes extra space for storage or a workshop. The backyard features a newer shed and a spacious deck with a retractable awning-perfect for relaxing or entertaining. All appliances will stay, including the washer and dryer. Most furnishings can remain, making this a great move-in ready opportunity. Call

Melissa Jarrell Equity Realty Group

212 W Allmon St, Salem, IL 62881
/15
$94,500
- 3 Beds
- 1 Bath
- 1,230 Sq Ft
300 W Allmon St, Salem, IL 62881

Jayme Michel Equity Realty Group

300 W Allmon St, Salem, IL 62881
/3
$21,900
- Land
- 17,859 Sq Ft
- $53,415 per Acre
1 North Pointe Dr. N Pointe Dr, Salem, IL 62881

1 North Pointe Estates

CARLA SMITH SOMER REAL ESTATE

1 North Pointe Dr. N Pointe Dr, Salem, IL 62881
/7
$7,500
- Land
- 0 Sq Ft
625 N Marion St, Salem, IL 62881

Residential vacant lot in Salem offering a level building site with paved road access. Former homesite with utilities available at the road, making it a convenient option for new construction. The lot features well-maintained ditches for proper drainage and sits on a corner location for easy access. Ready to build with city approval and setback requirements. Affordable opportunity to bring your

Siretha Howe MIDWEST FARM & LAND

625 N Marion St, Salem, IL 62881
/6
$15,000
- Land
- 0 Sq Ft
00 Newport Dr, Salem, IL 62881

This charming lot is nestled at the end of a dead-end road in a desirable neighborhood. There is no through traffic. It provides a serene setting while still being close to local amenities. Perfect for those seeking a friendly, well-established community to build that perfect home.

Jacqueline Ice Equity Realty Group

00 Newport Dr, Salem, IL 62881
/6
$55,000
- Land
- 0 Sq Ft
2019 W Main St, Salem, IL 62881

Exceptional Development Opportunity! Discover the perfect canvas for your business vision with this strategically positioned 6.05-acre commercial lot in the thriving community of Salem, Illinois. This prime parcel of land offers a unique blend of development flexibility making it an unbeatable opportunity for developers, and businesses looking to expand or relocate. Per discussion with the city

Ed Kleber Equity Realty Group

2019 W Main St, Salem, IL 62881
/21
$83,000
- 2 Beds
- 1 Bath
- 1,244 Sq Ft
500 E Boone St, Salem, IL 62881

Full of charm and character, this 2-bedroom, 1-bath home offers timeless appeal with beautiful wood beams and exposed brick throughout. Built in 1925, you'll love the warmth and personality combined with multiple living areas, including a cozy family room perfect for relaxing or entertaining. Step outside to the deck-ideal for enjoying your morning coffee or even catching the game outdoors! The

Jeana Shelton Country Roads Realty

500 E Boone St, Salem, IL 62881
/11
$99,500
- 3 Beds
- 1 Bath
- 980 Sq Ft
219 E William St, Salem, IL 62881

This adorable home is ready for new owners. A great property located on a dead end street. Several updates will welcome you into this 3 bed 1 bath home. A new Roof, new Bath/shower, toilet, flooring, paint, and large privacy fence are just a few of the things you will want to explore. Location is great with the High School, Park, City Pool, and Hospital in the same vicinity.

Crystal Squibb SOMER REAL ESTATE

219 E William St, Salem, IL 62881

Illinois Marion County Salem

Home Trends in Salem, IL

On average, homes in Salem, IL sell after 58 days on the market compared to the national average of 57 days. The median sale price for homes in Salem, IL over the last 12 months is $153,000, up 13% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$153,000

Median Single Family Sale Price

$150,000

Average Price Per Sq Ft

$95

Number of Homes for Sale

Last 12 months Home Sales

170

Months of Supply

1.60

Median List Price

$162,500

Median Change From 1st List Price

Median Home Sale Price YoY Change

13%

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

In Salem, there are currently 17 homes for sale priced under $100,000, providing budget-friendly options for prospective buyers. Whether you're in search of houses for sale under 100k or other property types, there are opportunities to discover your ideal home within your budget in Salem, IL. From cozy starter homes to properties awaiting your personal touch, these affordable residences offer an entry point into the housing market or an opportunity for real estate investment without stretching your finances.

Salem Types of Homes for Sale

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Salem Ranch Style Homes for Sale

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