50

Salem, IN Homes for Sale

Section Image Section Image
  • /23

    $169,900

    • 3 Beds
    • 1 Bath
    • 1,092 Sq Ft

    526 Pilgrim Way, Salem, IN 47167

    CHARMING MOVE-IN READY HOME WITH MODERN UPDATES Welcome to this beautifully maintained 3-bedroom, 1-bath home that's truly move-in ready! You'll appreciate the many recent updates that bring comfort and peace of mind, including a roof less than a year old, new siding, new windows and a water heater under two years old. Step inside to find a neutral color scheme throughout and new blinds that

    Agent Photo

    Mike Ashby

    (812) 561-7209

    526 Pilgrim Way, Salem, IN 47167
  • /32

    $249,900

    • 3 Beds
    • 3 Baths
    • 2,888 Sq Ft

    113 Maruth Dr, Salem, IN 47167

    PRICED TO SALE! Check out this must-see property situated on a hill overlooking Salem, Indiana. This 2,888 sq ft property features an open concept with a 39 x 19 main living room as the centerpiece. To the right of the living room, you will find a kitchen, dining room, and sunroom. The kitchen boasts a breakfast bar opening into the living room and a window opening into the sunroom. Additionally,

    Agent Photo

    Mike Ashby

    (812) 516-2110

    113 Maruth Dr, Salem, IN 47167
  • /6

    $98,900

    • Land
    • 9 Acres
    • $10,989 per Acre

    10097 E State Rd 160, Salem, IN 47167

    Come enjoy the short drive through the wooded countryside to this lovely peaceful setting for your new home! It has over 300 ft of road frontage on a State highway for giving you options to build your dream home or get away cabin with utilities at the road.Rolling southern Indiana land with woods to enjoy the wildlife you have been longing for. The owner has just added a 2-3 acre pond of

    Roxanne Snodgrass R & R Real Estate

    10097 E State Rd 160, Salem, IN 47167
  • /62

    $399,900

    • Land
    • 23.29 Acres
    • $17,170 per Acre

    1789 N Peacock Unit Hollow Road, Salem, IN 47167

    Secluded +/-23acre farm homestead offering privacy and country living just outside of Salem/Scottsburg. Beautiful new Amishbuilt home not completed to make your own. It features 5 bedrooms, a full basement, and a highflow well. Hardwood flooring is currently being installed, adding warm, durable finishes throughout the main living areas. Outbuildings include a functional shop space and a

    Kris Christianson Whitetail Properties Real Estate

    1789 N Peacock Unit Hollow Road, Salem, IN 47167
  • /14

    $69,900

    • Land
    • 7.9 Acres
    • $8,848 per Acre

    10097 E State Rd 160, Salem, IN 47167

    Come enjoy the short drive through the wooded countryside to this lovely peaceful setting for your new home! It has over 300 ft of road frontage on a State highway for giving you options to build your dream home or get away cabin with utilities at the road. The owner has just built a brand new 2.5 acre lake that is being stocked and a fish feeding system to be installed. This is a wonderful

    Roxanne Snodgrass R & R Real Estate

    10097 E State Rd 160, Salem, IN 47167
  • /36

    $214,900

    • 1 Bed
    • 0.5 Baths
    • 1,200 Sq Ft

    9781 E New Philadelphia Rd, Salem, IN 47167

    This beautiful homestead is ideal for anyone wanting to live the off-grid lifestyle. The home was built in 2019 and measures 1,200 sq ft., featuring one large, oversized bedroom, a generously sized living room, and a kitchen. Attached is a 600 sq. ft. garage area, which would provide room for expansion. This home is a perfect candidate for modernization. County water is run to the corner of the

    Zach Holt Whitetail Properties Real Estate

    9781 E New Philadelphia Rd, Salem, IN 47167
  • /27

    $249,900

    • 7 Beds
    • 0.5 Baths
    • 2,464 Sq Ft

    6430 E Old 56, Salem, IN 47167

    This BEAUTIFUL 2 Story Amish built farmhouse with 2464 square feet sitting on 3 acres. This home has an open floor plan, Beautiful Oak hardwood floors with 7 bedrooms. There is public water ran to the outside spigot. There is a septic system on the property. The barns are 45x50 and 40x50 (this one could be used as an apartment, the small woodstove stays). Woodstove in house and cooking stove in

    Mary Finkle Mainstreet Realtors

    6430 E Old 56, Salem, IN 47167
  • /20

    $249,900

    • 3 Beds
    • 1 Bath
    • 1,225 Sq Ft

    208 Highland Dr, Salem, IN 47167

    Great home conveniently located on a CORNER LOT in town. It has 3 Br, 1 Ba. and a FULL BASEMENT that could easily be finished for additional living space. Amenities include a 1 car attached garage and a 2 Car insulated 2 car DETACHED GARAGE and paved driveway. A spacious FENCED IN BACK YARD is great for kids or pets and has a large POOL to cool off during those hot summer days. Spacious kitchen

    Debbie Curtis Mainstreet Realtors

    208 Highland Dr, Salem, IN 47167
  • /26

    $267,900 New Construction

    • 3 Beds
    • 2 Baths
    • 1,600 Sq Ft

    104 Hounds Way, Salem, IN 47167

    STEP into this AMAZING "NEW" SPRAWLING RANCH Home! This 3/2, 1600 sq ft with OPEN CONCEPT FLOOR plan is ready for all your ENTERTAINING! Sitting on a CUL-DE-SAC in the cozy development of FOX RUN, just minutes from the amenities of Salem. Come bring your sweet tea and sit on the COVERED FRONT PORCH or enjoy the PRIVACY of the backyard patio. Features of the kitchen are a cooks dream with

    Evan Hunt Knobstone Properties LLC

    104 Hounds Way, Salem, IN 47167
  • /68

    $325,000

    • 3 Beds
    • 3.5 Baths
    • 3,060 Sq Ft

    130 E Eastern Hills Blvd, Salem, IN 47167

    If you’ve been dreaming of a home with space to entertain, room to grow, this one is full of possibilities. Classic brick exterior and an in-ground pool, this home is ready for someone w/vision to bring it back to life. Step into the foyer and you’re greeted by French glass doors on both sides—one leading to a flexible office or formal living space, the other to a traditional dining room made for

    Julie Dulaney Real Estate Unlimited

    130 E Eastern Hills Blvd, Salem, IN 47167
  • /15

    $310,000

    • 3 Beds
    • 2.5 Baths
    • 2,665 Sq Ft

    107 Walker Blvd, Salem, IN 47167

    Check out this classic 1 1/2 story brick home in the heart of Salem! This home features 3 bedrooms 2.5 bathrooms on a partial basement. This home offers tons of space on an incredible lot. Schedule a showing today!

    Alicia Powell Lopp Real Estate Brokers

    107 Walker Blvd, Salem, IN 47167
  • /59

    $340,000

    • 3 Beds
    • 1.5 Baths
    • 1,504 Sq Ft

    115 N Harristown Rd, Salem, IN 47167

    WANNA FARM/HOMESTEAD? This property offers 8+ acres with multiple barns and sheds with a darling 3BR, 1 1/2 BA home overlooking the quiet countryside. The home features beautiful hardwood floors, solid wood doors and trim throughout, an eat-in kitchen with breakfast bar that opens up to a dining/living area, the main bedroom with walk-in cedar closet on the first level, an oversized

    Linda Ward Temple eXp Realty, LLC

    115 N Harristown Rd, Salem, IN 47167
  • /35

    $305,900

    • 3 Beds
    • 2 Baths
    • 1,412 Sq Ft

    707 Iroquois Blvd, Salem, IN 47167

    WELL-MAINTAINED 3-BEDROOM, 2-BATH HOME IN THE DESIRABLE ROLLING WAY SUBDIVISION IN SALEM, IN, SITUATED ON A SPACIOUS .78-ACRE LOT. This home features an OPEN-CONCEPT LAYOUT with a SPLIT BEDROOM FLOOR PLAN, offering both functionality and privacy. The main living areas flow seamlessly, creating an ideal space for everyday living and entertaining. Step outside to enjoy the STAMPED CONCRETE PATIO

    Kristal May Lopp Real Estate Brokers

    707 Iroquois Blvd, Salem, IN 47167
  • /40

    $240,000

    • 3 Beds
    • 2 Baths
    • 1,788 Sq Ft

    606 Berkey St, Salem, IN 47167

    This stunning 3-bed, 2-bath home boasts a unique loft (non-conforming), perfect for an office or guest space. Enjoy afternoons on the covered porch with a cozy swing, or entertain on the covered patio overlooking the sparkling in-ground pool and fenced-in backyard. Don't miss out on this exceptional opportunity! USDA eligible.

    Mandi Wilson NextHome Wilson Real Estate

    606 Berkey St, Salem, IN 47167
  • /13

    $150,000

    • 4 Beds
    • 2 Baths
    • 1,404 Sq Ft

    532 Pilgrim Way, Salem, IN 47167

    Ranch home on .24 acre. Home with eat-in kitchen, living rm, 4 bdrms and 2 full baths. Fenced back yard with storage sheds. HUD Case #156-557528/IE. Sold AS IS. HUD Owned. For more information on lead-based paint, radon gas, mold notices, as well as electronic bidding and earnest money procedures go to www.Hudhomestore.gov. It is illegal to discriminate against any person because of race, color,

    Marsha Berna Jack Bridgewater Real Estate

    532 Pilgrim Way, Salem, IN 47167
  • /25

    $199,000

    • 3 Beds
    • 1 Bath
    • 960 Sq Ft

    115 Lincoln St, Salem, IN 47167

    WOW!!! THIS ONE IS NICE!! The care for this 3 BR 1 BA home is evident inside and out with a full basement, attached garage and a private patio out back! Updates throughout include vinyl windows, luxury vinyl plank, newer carpet with HARDWOOD underneath, and complete stunning bath remodel. Sitting on a quiet street under beautiful shade trees, it is coveniently located near downtown shopping and

    Linda Ward Temple eXp Realty, LLC

    115 Lincoln St, Salem, IN 47167
  • /26

    $219,900

    • 3 Beds
    • 2 Baths
    • 1,512 Sq Ft

    8091 E New Philadelphia Rd, Salem, IN 47167

    Beautiful country setting! This home has been very well kept and sits on 2 acres between Salem and Henryville about 15 minutes from I65. This ranch style home with large covered front porch was built in 1974 and features over 1500 square feet of living space. The 3 bedrooms are all oversized and offers plenty of space for all of your needs. This home has a brand new roof installed 9/2025, new

    Nathan Soliday Streamline Real Estate, LLC

    8091 E New Philadelphia Rd, Salem, IN 47167
  • /12

    $199,900

    • Land
    • 11.52 Acres
    • $17,352 per Acre

    702 W Becks Mill Rd, Salem, IN 47167

    11.52 acres of vacant land in a PRIME LOCATION! Country living with easy access to the Salem Bypass on 135 and the town square. Enjoy the panoramic views, both rural and of the city. Whether you're looking to build your dream home or start a farm, this tract offers endless opportunities! Electric and water are available at the street.

    Kelli Ganote eXp Realty, LLC

    702 W Becks Mill Rd, Salem, IN 47167
  • /12

    $67,500

    • Land
    • 5.63 Acres
    • $11,989 per Acre

    0 S Blue River Church Rd, Salem, IN 47167

    Welcome to your tranquil retreat just E of S Blue River Church Road in Salem, where country charm meets modern convenience. HUNTERS, NATURE LOVERS, and OUTDOOR ENTHUSIASTS — This is the property you've been waiting for! Mostly wooded lot offers the ultimate private retreat. Could be possible some TIMBER. Utility information: There is electric & water at the road. Electric: JACKSON COUNTY REMC.

    Tammie McIntyre Brixton Realty

    0 S Blue River Church Rd, Salem, IN 47167
  • /36

    $775,000

    • 3 Beds
    • 2.5 Baths
    • 2,894 Sq Ft

    2620 W Cody Rd, Salem, IN 47167

    Seller will give a paint/flooring allowance with accepted offer. Welcome to country living at its finest! Once you cross the covered bridge, awaiting you is this spacious 3-bedroom, 2.5 bath home with 3 car attached garage, also a detached 4-car garage sitting on 12.6 scenic acres of peaceful surroundings. The inviting covered front porch is perfect for relaxing and enjoying the wildlife and

    Mary Finkle Mainstreet Realtors

    2620 W Cody Rd, Salem, IN 47167
  • /16

    $1,500,000

    • 31 Beds
    • 23 Baths
    • 41,190 Sq Ft

    100 Walnut Tree Dr, Salem, IN 47167

    Looking for the opportunity to have rental income? This is your chance with 8 buildings, 21 units and they are all leased. Great location just off of SR 60. Some of the apartments have P-TEK units that are both heat and air, others have forced air units with central air. Call to schedule your showing today, please allow enough time for the tenants to be notified.

    Mary Finkle Mainstreet REALTORS

    100 Walnut Tree Dr, Salem, IN 47167
  • /17

    $115,000

    • 4 Beds
    • 3 Baths
    • 2,584 Sq Ft

    509 N High St, Salem, IN 47167

    INVESTMENT. OPPORTUNITY. PROFITABLE. This three unit apartment building offers excellent income potential in a convenient, central location close to shopping, dining, and everyday amenities. With one unit currently rented and two units available, this property provides immediate and future rental opportunities. Units 1 and 2, located on the main level, each feature one bedroom, one bathroom, and

    Natasha Johns Williams Carpenter Realtors

    509 N High St, Salem, IN 47167
  • /30

    $399,900

    • 4 Beds
    • 2.5 Baths
    • 2,812 Sq Ft

    1706 E Lewellen Rd, Salem, IN 47167

    Just what you've been waiting for. Beautiful 4BR ,2.5 BA 2812 sq ft. Victorian style home sitting on 4 Acres in the country, and just minutes from town. The master suite with large walk in shower, trey ceiling, gas burning fireplace and walk in closet. Living room also has a fireplace with a wood stove insert and there are gorgeous bay windows and recessed lighting throughout.The man cave (which

    Mary Finkle Mainstreet REALTORS

    1706 E Lewellen Rd, Salem, IN 47167
  • /3

    $59,900

    • Land
    • 1.51 Acres
    • $39,669 per Acre

    101, 103, & 105 Hounds Way, Salem, IN 47167

    3 BUILD-ABLE LOTS in the City of Salem SOLD ALL TOGETHER, totaling 1.51 Acres. Hounds way offers a Cul-de-sac with only a few homes. Close in for easy access to all the amenities of Salem. City sewer and electric available. Lots must be sold together.

    Evan Hunt Knobstone Properties LLC

    101, 103, & 105 Hounds Way, Salem, IN 47167
  • /10

    $160,000

    • 3 Beds
    • 2 Baths
    • 2,350 Sq Ft

    400 Grandview Dr, Salem, IN 47167

    This charming 3-bedroom, 2-bathroom home offers a perfect blend of comfort and functionality. The interior features a spacious layout with ample natural light. A standout feature is the oversized detached garage, providing plenty of space for vehicles, a workshop, or additional storage. Situated on a well-maintained lot, this property is ideal for those seeking both indoor living space and

    Keri Hir Keri Hir

    400 Grandview Dr, Salem, IN 47167
  • /7

    $105,000

    • Land
    • 5 Acres
    • $21,000 per Acre

    2980 E Banet Rd, Salem, IN 47167

    SITE READY FOR YOUR NEW HOME.... no value in current mobile home, but CLEARED HOMESITE, SEPTIC, PUBLIC WATER, AND ELECTRIC ready to go! Heavily wooded with timber value could help finance this purchase, and still give you hunting and recreational play acreage. Deer are thick and seen daily on this parcel. Location is 1.75 miles from SR 60 with direct access to the Louisville area. Not too many

    Lori Gilstrap The Day Company REALTORS

    2980 E Banet Rd, Salem, IN 47167
  • /4

    $28,950

    • Land
    • 0.21 Acre
    • $137,857 per Acre

    607 Berkey St, Salem, IN 47167

    Back on the market because buyer couldn’t qualify for their financing. Nice buildable lot in the city of salem and not far from schools and hospital. Lot had sewer and water hooked up to the prior house and would be near the road and power at the road. The property had a home on the site that was removed and torn down. Listing agent/owner has an interest in the property and is a licensed Indiana

    Evan Zinser Mainstreet REALTORS

    607 Berkey St, Salem, IN 47167
  • /17

    $155,900

    • 2 Beds
    • 1 Bath
    • 912 Sq Ft

    803 W Market St, Salem, IN 47167

    WHY RENT WHEN YOU CAN OWN THIS ADORABLE 2 Bedroom 1 bath home!! Its a great place to start and not a bad place to end, using it as your first rental when your done!! Just minutes from all your favorite amenities. This home has HARDWOOD FLOORS in living, dining and both bedrooms. Plenty off street parking or pull into the adjacent carport which also includes an attic for storage. Newer REPLACEMENT

    Evan Hunt Knobstone Properties LLC

    803 W Market St, Salem, IN 47167
  • /30

    $214,900

    • 3 Beds
    • 1 Bath
    • 1,118 Sq Ft

    540 Colony Dr, Salem, IN 47167

    This 3-bedroom, 1-bathroom house sits on 1,118 square feet of solid potential. This home is ready for someone with vision who appreciates a good foundation and the freedom to make it their own. The bones are strong here - structurally sound with some thoughtful updates already in place. You'll find new windows throughout and flooring in select areas, while the rest awaits your personal touch and

    Robin Bays Schuler Bauer Real Estate Services ERA Powered

    540 Colony Dr, Salem, IN 47167
  • /30

    $165,000

    • 3 Beds
    • 1.5 Baths
    • 1,746 Sq Ft

    128 W Walnut Ridge Rd, Salem, IN 47167

    WELCOME TO THE COUNTRY ON A FEW ACRES......This quaint 1.5 story farmhouse on 2.10 acres offers so much: 3 bdr, 1.5 bath, screened in side porch for entertaining; 30 X 40 x 8 barn; det garage; 12 x 22 utility shed; pond; paved circular drive; park like setting. This is a perfect spot for your 4-H animals. Garden area. Home sold as is. Immediate possession at closing. Seller selling as is

    Sherri Purkhiser The Day Company REALTORS

    128 W Walnut Ridge Rd, Salem, IN 47167
  • /31

    $166,000

    • 4 Beds
    • 1 Bath
    • 1,568 Sq Ft

    901 N College Ave, Salem, IN 47167

    Price Adjustment! LOTS OF SPACE & 3 BAY GARAGE are just two of the features of this 1500 sq ft home. Updates include replacement windows, tile and LVP flooring, and updated bath and kitchen. Bath features deep tub and tiled shower surround with mirrored door! Large family/dining room combo with cozy gas fireplace will warm you through the cold Indiana winters. This home also features 4 spacious

    Lori Gilstrap The Day Company REALTORS

    901 N College Ave, Salem, IN 47167
  • /2

    $49,900

    • Land
    • 0.91 Acre
    • $54,835 per Acre

    S S 160, Salem, IN 47167

    LOCATION, LOCATION, LOCATION! Just minutes from the Salem Square and within walking distance to the Fairgrounds. Great property to build your new home. NO RESTRICTIONS!! ALL UTILITIES ARE AVAILABLE Inspections/Survey WELCOME @ Buyer's expense. SOLD AS IS. Call to schedule your showing today.

    Mary Finkle Mainstreet REALTORS

    S S 160, Salem, IN 47167
  • /22

    $195,000

    • 3 Beds
    • 2 Baths
    • 1,392 Sq Ft

    114 Lincoln St, Salem, IN 47167

    Welcome to this charming 3-bedroom, 2-bath home offering incredible flexibility and comfort! Thoughtfully designed, this property features a fully equipped bonus living area, complete with its own kitchen, private bedroom, and separate living space—perfect for guests, extended family, or rental potential. The main home boasts a warm, inviting layout with a spacious kitchen, bright living areas,

    Felicity Burger RE/MAX FIRST

    114 Lincoln St, Salem, IN 47167
  • /38

    $329,900 New Construction

    • 3 Beds
    • 2 Baths
    • 1,557 Sq Ft

    118 Hunter Trace, Salem, IN 47167

    It's not often that you get 2.48+- acres in city limits or a new build that has never been lived in! This home is a blank canvas waiting for you to put your touch of class on an already classy home. Walking in the front door, you already feel at home with a nice open floor plan joining the dining room, living room and kitchen all accented with a attractive large ceiling fan. Main bedroom is off

    Doug Dillon Brixton Realty

    118 Hunter Trace, Salem, IN 47167
  • /11

    $799,900

    • 8 Beds
    • 4 Baths
    • 7,344 Sq Ft

    11 Campbell Ct, Salem, IN 47167

    INVESTORS TAKE NOTICE......4 DUPLEXES....8 total units (900 sf/unit) with each including 2 bed/1 bath, kitchen and living room. Paved parking and deck for each unit. These were built by the current owner and have never been offered before. Several have long-standing tenants, with the ability to have increased income from what is currently received. Located on N. Main Street/Highway 135 S and

    Lori Gilstrap The Day Company REALTORS

    11 Campbell Ct, Salem, IN 47167
  • /29

    $274,900

    • 2 Beds
    • 2 Baths
    • 1,640 Sq Ft

    301 E Market St, Salem, IN 47167

    Welcome Home! This Gorgeous HOME Is the perfect blend of space, character, charm and walkability. GREAT LOCATION in SALEM on HISTORIC brick street! 1 STORY HOME with TONS OF CURB APPEAL... describes this 2 BR, 2 FULL BA home, original wood trim, large open living room, dining room, kitchen. Great sunroom, and detached garage. All Within walking distance of the Salem Square, Post Office and

    Mary Finkle Mainstreet REALTORS

    301 E Market St, Salem, IN 47167
  • /37

    $139,900

    • 3 Beds
    • 1 Bath
    • 1,482 Sq Ft

    4249 W Grandview Rd, Salem, IN 47167

    Step into the rustic warmth of 4249 W Grandview Road, a charming 3 bed, 1 bath country retreat offering 1,482 square feet of comfortable living. Nestled in a peaceful rural setting, this home blends rustic character with wide open surroundings, creating the perfect escape from the everyday rush. Inside, you?ll find spacious rooms, natural textures, new appliances and a cozy country feel

    Caleb Jones EXIT Realty Choice

    4249 W Grandview Rd, Salem, IN 47167
  • /46

    $400,000

    • 1 Bed
    • 1 Bath
    • 1,050 Sq Ft

    3226 W State Road 56, Salem, IN 47167

    NOT YOUR AVERAGE LISTING. This beautiful 1 BEDROOM, 1 BATHROOM HOME offers 1,050 SQUARE FEET OF FINISHED LIVING SPACE that truly feels like NEW CONSTRUCTION. Completed in 2023, THE CONVERSION INCLUDES ALL NEW APPLIANCES AND MECHANICALS, providing modern comfort and peace of mind. The home is attached to an impressive 28X30 GARAGE, ideal for storage, hobbies, or workspace needs. Situated on 33

    Kristal May Lopp Real Estate Brokers

    3226 W State Road 56, Salem, IN 47167
  • /59

    $399,900 New Construction

    • 5 Beds
    • 3,012 Sq Ft

    1789 N Peacock Hollow Rd, Salem, IN 47167

    Secluded +/-23-acre farm homestead offering privacy and country living just outside of Salem/Scottsburg. Beautiful new Amish-built home not completed to make your own. It features 5 bedrooms, a full basement, and a high-flow well. Hardwood flooring is currently being installed, adding warm, durable finishes throughout the main living areas. Outbuildings include a functional shop space and a

    Kris Christianson

    1789 N Peacock Hollow Rd, Salem, IN 47167
  • /25

    $149,900

    • 2 Beds
    • 1 Bath
    • 1,155 Sq Ft

    218 Washington Blvd, Salem, IN 47167

    Attention serious home buyers this 2 bedroom property includes an office on the main floor and an unfinished basement has unlimited potential!! Discover this beautifully maintained historic home that's perfectly located within minutes of Salem Schools, Walmart and all other essential amenities. This charming residence boasts a character and sturdiness that reflects it's 1918 origin. The big back

    Robert Baker Mainstreet REALTORS

    218 Washington Blvd, Salem, IN 47167

Showing Results 1 - 40, Page 1 of 2

Why Live in Salem

Salem is a town of about 6,000 residents surrounded by forest and farmland. “It’s very country. They have drive-your-tractor-to-school days,” says Jay McRae, a Realtor with RE/MAX First. “My wife’s family is from Salem, and my in-laws know everyone ...

Frequently Asked Questions

What is the average home price in Salem, IN?
Homes for sale in Salem, IN have an average home price of $203,823.
How many homes have sold over the last 12 months in Salem, IN?
105 homes have sold in Salem, IN over the last 12 months.
What are the most popular zip codes in Salem, IN?
The most popular zip codes in Salem, IN include 47167, 47165, 47170, 47108 and 47120.
How much do you need to make to afford a house in Salem?
The median home price in Salem is $189,450. If you put a 20% down payment of $37,900 and had a 30-year fixed mortgage with an interest rate of 5.98%, your estimated principal and interest payment would be $910 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $39K a year to afford the median home price in Salem. Learn how much home you can afford with our Home Affordability Calculator.
How are the schools in Salem, IN?
Salem, IN has highly rated public and private schools. Some of the best schools in Salem based on Niche Grades are Bradie M. Shrum Lower Elementary School, Salem Middle School and Salem High School. Browse all the schools in Salem, IN to learn more.

Home Trends in Salem, IN

Housing Trends

Median Sale Price
$170,000
Median Single Family Sale Price
$172,950
Average Price Per Sq Ft
$130
Number of Homes for Sale
22
Last 12 months Home Sales
105
Months of Supply
2.50
Median List Price
$189,450
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
3%
How to Buy a Home How to Finance a Home How to Sell a Home