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Salem Land & Home Lots for Sale

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  • 101, 103, & 105 Hounds Way, Salem, IN 47167
    101, 103, & 105 Hounds Way, Salem, IN 47167
    101, 103, & 105 Hounds Way, 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
  • 0 Hunter Trace, Salem, IN 47167
    0 Hunter Trace, Salem, IN 47167
    /2

    $55,000

    • Land
    • 2.51 Acres
    • $21,912 per Acre

    0 Hunter Trace, Salem, IN 47167

    CHECK THIS DREAM BUILD HOMESITE OUT......2.51 Wooded Acres, All city utilities available, private, scenic view, just at the edge of town with country living and all city luxuries. Perfect location for sunset watching every night.

    Sherri Purkhiser The Day Company REALTORS

    0 Hunter Trace, Salem, IN 47167
  • 701 S Main St, Salem, IN 47167
    701 S Main St, Salem, IN 47167
    701 S Main St, Salem, IN 47167
    /6

    $199,900

    • Land
    • 2.35 Acres
    • $85,064 per Acre

    701 S Main St, Salem, IN 47167

    What a great opportunity! Prime commercial location in the heart of Salem, right on the main strip! Perfect location for your new business! Endless Opportunities for this property! Property will be surveyed to divide. Owners are selling 1 acre +/-. Taxes will be determined once property has been divided. Call to schedule your showing today.

    Mary Finkle Mainstreet Realtors

    701 S Main St, Salem, IN 47167
  • 1000 W Market St, Salem, IN 47167
    1000 W Market St, Salem, IN 47167
    1000 W Market St, Salem, IN 47167
    /9

    $200,000

    • Land
    • 4.53 Acres
    • $44,150 per Acre

    1000 W Market St, Salem, IN 47167

    Property features 54x48 garage with 12x32 upstairs office, 2 -12' rollup doors, 1 service door, electric and water, natural gas is available. Flat to gently rolling with good building sites and ample road frontage and parking. The building has been well insulated.

    Mary Finkle Mainstreet Realtors

    1000 W Market St, Salem, IN 47167
  • 1209 S Jackson St, Salem, IN 47167
    1209 S Jackson St, Salem, IN 47167
    /2

    $350,000

    • Land
    • 2.40 Acres
    • $145,833 per Acre

    1209 S Jackson St, Salem, IN 47167

    Prime high traffic corner Hwy 60 & Webb St across from Retail Shopping and close to Residential

    Dave Church Jack Bridgewater Real Estate

    1209 S Jackson St, Salem, IN 47167
  • 0 W Mulberry St, Salem, IN 47167
    0 W Mulberry St, Salem, IN 47167
    /2

    $160,000

    • Land
    • 2.46 Acres
    • $65,041 per Acre

    0 W Mulberry St, Salem, IN 47167

    This large COMMERCIAL 2.46 acre site is Zoned I-1 for all your business dreams. Situated on West State Road 56 (W. Mulberry St.) with very high traffic count daily. This has had recent highway construction making this a hot spot Commercial location to buy. Very level, 200 ft State Highway frontage, all city utilities available.

    Sherri Purkhiser The Day Company REALTORS

    0 W Mulberry St, Salem, IN 47167
  • 0 E Allen Ct Unit 202129205, Salem, IN 47167
    0 E Allen Ct Unit 202129205, Salem, IN 47167
    /2

    $149,900

    • Land
    • 2.13 Acres
    • $70,376 per Acre

    0 E Allen Ct Unit 202129205, Salem, IN 47167

    2 acres on outskirts of town! PRIME commercial spot! Near the bypass! Don't miss out! This is a GREAT time to build with all the growth coming to our community!

    Mary Finkle Mainstreet Realtors

    0 E Allen Ct Unit 202129205, Salem, IN 47167
Indiana Salem Salem

Land & Lots for Sale in Salem, Salem

Home Trends in Salem, IN

On average, homes in Salem, IN sell after 167 days on the market compared to the national average of 69 days. The median sale price for homes in Salem, IN over the last 12 months is $410,000, up 15% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$410,000
Median Single Family Sale Price
$505,000
Median Townhouse Sale Price
$300,000
Median 2 Bedroom Sale Price
$675,000
Median 1 Bedroom Sale Price
$101,000
Average Price Per Sq Ft
$214
Number of Homes for Sale
5
Last 12 months Home Sales
52
Months of Supply
1.20
Median List Price
$410,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
15%
How to Buy a Home How to Finance a Home How to Sell a Home

In Salem, there are currently 7 parcels of land for sale, offering an exciting opportunity for prospective buyers to build their dream home or invest in private acreage. Whether you're searching for a lot for sale to construct a custom residence or looking to invest in undeveloped land, there are options available to suit your needs. With the chance to build your dream home on private acreage, explore land for sale in Salem, Salem and turn your vision into reality.

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