39

Salem, IN Homes for Sale under $200,000

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  • /18

    $195,000

    • 3 Beds
    • 2 Baths
    • 1,248 Sq Ft

    701 E Hackberry St, Salem, IN 47167

    Welcome to 701 E Hackberry Street in Salem, Indiana—an extensively updated home that blends modern convenience with everyday comfort. Offers 2 true bedrooms, with one non-conforming bedroom (no closet) that can also serve as an office, nursery, or bonus room and 2 full baths. Renovated in 2024, this property offers peace of mind with all-new electrical, plumbing, finishes, and appliances, making

    Agent Photo

    William Kramer

    JPAR Aspire

    701 E Hackberry St, Salem, IN 47167
  • /17

    $199,400

    • 3 Beds
    • 1 Bath
    • 1,056 Sq Ft

    776 N Abbott Ln, Salem, IN 47167

    This property presents a unique opportunity to own a charming Stone home situated in a serene neighborhood, conveniently located just six minutes from Salem Square. The residence boasts three spacious bedrooms, one bathroom, and features newly installed carpeting and flooring throughout. A private driveway and expansive concrete patio provide ample space for outdoor entertainment and relaxation.

    Agent Photo

    Mike Ashby

    A White House Realty

    776 N Abbott Ln, Salem, IN 47167
  • /3

    $40,000

    • Land
    • 21,780 Sq Ft
    • $80,000 per Acre

    402 Hayes Ave, Salem, IN 47167

    INVESTMENT PROPERTY

    Agent Photo

    April Smith

    RE/MAX FIRST

    402 Hayes Ave, Salem, IN 47167
  • /2

    $75,000

    • Land
    • 1 Acre
    • $75,000 per Acre

    6651 E Farabee Rd, Salem, IN 47167

    Waterfront Cabin Retreat on Scenic Pond - Salem, INLocation: E Farabee Rd, Salem, IN 47167?? Charming Cabin with Pond Views - Move In ReadyThis exceptional 1-acre waterfront property features a rustic 400-square-foot cabin nestled along a beautiful scenic pond in southern Indiana. The charming cabin offers warm wood finishes, vaulted ceilings, loft space, open living area,

    Cathy Nation Premier Land Hub

    6651 E Farabee Rd, Salem, IN 47167
  • /7

    $199,900

    • Land
    • 11,325 Sq Ft
    • $768,846 per Acre

    0 E Westminster Dr, Salem, IN 47167

    2.3959 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! A portion of this land is zoned commercial and a portion is unzoned. The owner will secure appropriate zoning for buyers use. Call today!

    Mary Finkle Mainstreet Realtors

    0 E Westminster Dr, Salem, IN 47167
  • /2

    $197,900

    New Construction
    • 3 Beds
    • 2 Baths
    • 1,100 Sq Ft

    807 Smith St, Salem, IN 47167

    New construction in the desirable Hidden Hills subdivision! Scheduled for completion near the end of July, this quality-built 3-bedroom, 2-bath home offers approximately 1,100 square feet of thoughtfully designed living space on a spacious 0.305-acre lot. The open floor plan provides a comfortable flow between the living area, kitchen, and dining space, making it ideal for everyday living and

    Nathan Soliday Streamline Real Estate, LLC

    807 Smith St, Salem, IN 47167
  • /5

    $775

    • Land
    • 13.23 Acres
    • $59 per Acre

    121 Tarr Ave, Salem, IN 47167

    LAND FOR LEASE - BUILDINGS NOT INCLUDED - Priced at just $775/ACRE/MONTH, this property delivers unmatched value for entrepreneurs, investors, and expanding operations. Position your business for visibility, flexibility, and growth with this rare 13-acre commercial offering in Salem, Indiana. Located within city limits yet just outside the hustle of downtown, the site strikes a perfect balance,

    KELSEY DAWSON Dawson Real Estate, LLC

    121 Tarr Ave, Salem, IN 47167
  • /12

    $179,900

    $20K PRICE DROP
    • Land
    • 11.52 Acres
    • $15,616 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
  • /30

    $185,000

    • Land
    • 33 Acres
    • $5,606 per Acre

    0 N Rush Creek Rd Unit MBR22112536, Salem, IN 47167

    This stunning wooded retreat features 33 acres of well managed native forest, rolling hills, quiet seclusion, and endless possibilities. County road frontage provides ease of access, with a gravel drive running along the elevated northern boundary. Three natural spurs descend into the bottomlands below, creating excellent habitat and diverse terrain. 32 acres are classified forest, with a 1-acre

    Brett Keller Lohmiller Real Estate

    0 N Rush Creek Rd Unit MBR22112536, Salem, IN 47167
  • /6

    $165,000

    • Land
    • 1.47 Acres
    • $112,245 per Acre

    903 & 905 S Jackson St, Salem, IN 47167

    LOOK AT THIS PRIME COMMERCIAL BUILDING SITE...ZONED B-1, STATE ENTRANCE CUT IN ALREADY IN PLACE. All city utilities electric, gas, water, sewer, & trash available. This site is very highly traveled with direct access to Louisville Metro Area. Surveyed 1.47 commercial acres. Immediate possession at closing.

    Mark Day The Day Company REALTORS

    903 & 905 S Jackson St, Salem, IN 47167
  • /15

    $169,900

    $6K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,040 Sq Ft

    202 Willow St, Salem, IN 47167

    Welcome home to this charming 3 bedroom, 1 bath offering 1,040 square feet of comfortable living space. Located minutes from local schools and shopping this property is tucked away at the end of a quiet dead-end street, providing privacy and a peaceful setting in a friendly neighborhood. Inside, you'll find a spacious living room, a large kitchen, and an adjoining dining area that's perfect for

    Robert Baker Mainstreet REALTORS

    202 Willow St, Salem, IN 47167
  • /19

    $69,900

    $20K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,232 Sq Ft

    2374 N Nolan Dr, Salem, IN 47167

    PRICE REDUCED! Peaceful living in the Pennington Estates sub-division. This 3 bed 1 bath features an attached garage, a bonus room that has been used as office space and two apple trees in the backyard. Hardwood floors flow throughout the main living spaces with a mixture of carpet and vinyl in other rooms. Resting on close to half an acre this property is also zoned residential/agricultural per

    Cody Caldwell eXp Realty, LLC

    2374 N Nolan Dr, Salem, IN 47167
  • /20

    $155,000

    • 2 Beds
    • 1 Bath
    • 837 Sq Ft

    405 Arthur St, Salem, IN 47167

    Charming, Completely Updated Home on Nearly Half an Acre! Efficient, low-maintenance, and packed with outdoor space! This 2-bedroom, 1-bath home has been thoughtfully renovated from top to bottom and sits on a nearly 1⁄2-acre lot in one of Salem's classic neighborhoods. Clean, modern style meets timeless character with all new flooring, an updated bathroom, charming barn doors, and a

    KELSEY DAWSON Dawson Real Estate, LLC

    405 Arthur St, Salem, IN 47167
  • /8

    $135,000

    $30K PRICE DROP

    506 Pilgrim Way, Salem, IN 47167

    3 Bed/2 Bath w/1-Car Attached Garage on a large corner lot and offers a paved driveway!

    Jennifer Jordan Lighthouse Realty Group, Inc.

    506 Pilgrim Way, Salem, IN 47167
  • /30

    $182,000

    • 2 Beds
    • 1 Bath
    • 1,008 Sq Ft

    500 E Homer St, Salem, IN 47167

    Welcome home to this beautifully updated Salem gem! From the brand-new kitchen cabinets to therecently replaced appliances, this home shines with thoughtful improvements throughout. Majormechanical updates include a 2-year-old roof, 2-year-old HVAC system, and a water heater that'sonly 1 year old—giving buyers confidence for years to come. Offering 2 bedrooms, 1 bath, over1,000

    Reed Martin RE/MAX FIRST-Commercial Group

    500 E Homer St, Salem, IN 47167
  • /11

    $185,000

    $6K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,188 Sq Ft

    104 N Brandywine Ct, Salem, IN 47167

    All-brick, one-level living on a cul-de-sac lot in the Brandywine subdivision. Nearly every major system in this three-bedroom home was replaced in 2024: a Class III fiberglass shingle roof, HVAC and central air, water heater, and Champion double-hung windows. The kitchen has a new sink and faucet, there's a new front storm door, and the washer and dryer stay with the home. Fresh carpet and pad

    Sarah Arp Arp Realty

    104 N Brandywine Ct, Salem, IN 47167
  • /21

    $165,000

    $25K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,056 Sq Ft

    116 Nichols Ave, Salem, IN 47167

    This all brick 3 bedroom home is conveniently located in a quiet neighborhood. Enjoy the covered front porch in the front and the open decks in the back. One car attached garage and a 10x12 shed is perfect for storage. Call to schedule your private showing today!

    Mary Finkle Mainstreet Realtors

    116 Nichols Ave, Salem, IN 47167
  • /4

    $37,000

    • Land
    • 12,632 Sq Ft
    • $127,586 per Acre

    0 Highland Dr Unit 202609879, Salem, IN 47167

    THINKING OF YOUR NEW HOME IN THE CITY???? This is a 0.29 acre lot that is ready for new construction. Elec, Gas, Water, Sewer, Trash & Internet available. Very convenient to all city amenities. Easy access to State Toad 60 and N Main St in Salem. Call today to view this beautiful level city lot. Immediate possession at closing.

    Sherri Purkhiser The Day Company REALTORS

    0 Highland Dr Unit 202609879, Salem, IN 47167
  • /22

    $190,000

    • 4 Beds
    • 2 Baths
    • 1,956 Sq Ft

    202 E Hackberry St, Salem, IN 47167

    Looking for a home with plenty of space under $200K? You've found it with 202 East Hackberry Street in historic Salem, IN. Home offers 4 bedrooms & two full baths. Large eat-in kitchen with gorgeous hardwood floors & full set of appliances. Beautiful hardwood flows into living area & dining room as well. Need more than 4 bedrooms? The dining room could easily become that 5th bedroom. This home

    Mark Day The Day Company REALTORS

    202 E Hackberry St, Salem, IN 47167
  • /11

    $75,000

    • Land
    • 1 Acre
    • $75,000 per Acre

    0 E Farabee Rd, Salem, IN 47167

    Waterfront Cabin Retreat | East Farabee Road | Salem, Indiana Escape to the peaceful beauty of southern Indiana with this charming waterfront cabin nestled along a scenic pond in Salem. Surrounded by mature trees and abundant wildlife, this unique property offers the perfect combination of privacy, recreation, and relaxation. The approximately 400-square-foot cabin features a rustic interior with

    Caleb Emrick HERITAGE LAND AND HOME REALTY

    0 E Farabee Rd, Salem, IN 47167
  • /17

    $169,900

    $20K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,092 Sq Ft

    120 Nichols Ave, Salem, IN 47167

    ALL BRICK 3 BEDROOM home sits under beautiful shade trees in a quiet neighboorhood in a convenient location. The large living room welcomes you in along with an eat-in kitchen with all appliances to remain. The large bathroom offers a dedicated laundry area and the attached garage has extra space for storage. Outside you can enjoy the covered patio and the 18x20 carport will remain.

    Linda Ward Temple eXp - Picket Fence Properties

    120 Nichols Ave, Salem, IN 47167
  • /2

    $150,000

    • 2 Beds
    • 1 Bath
    • 968 Sq Ft

    806 W Mulberry St, Salem, IN 47167

    Investor & flipper alert! This 2 bed/1 bath would make a great investment property or starter home. Owners are in the process of painting and new flooring. Call to schedule your showing before this one is gone!

    Mary Finkle Mainstreet REALTORS

    806 W Mulberry St, Salem, IN 47167
  • /7

    $48,200

    $2K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 924 Sq Ft

    2613 N Hitchcock Rd, Salem, IN 47167

    This beautiful, scenic property is located just a few miles from Salem's town square! Very nice 1.5 acre property. The property has a 3 bedroom home situated on it, in need of extensive TLC. Call for more information today! Property sold AS-IS.

    Alicia Powell Lopp Real Estate Brokers

    2613 N Hitchcock Rd, Salem, IN 47167
  • /2

    $49,900

    • Land
    • 1.56 Acres
    • $31,987 per Acre

    0 W Water Tower Rd, Salem, IN 47167

    Looking to build your dream home in a peaceful, private setting? This freshly split 1.56 acre lot (Tract 2) in Salem, IN is ready to go, with new city water already run to the street and power available onsite, making it an easy choice for your next home build. A survey is available and included in the supplements; taxes and the final parcel number are still pending. Want more room to spread out?

    Gretchen Szostak DNA Properties, LLC

    0 W Water Tower Rd, Salem, IN 47167
  • /25

    $99,000

    $11K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 992 Sq Ft

    306 W Poplar St, Salem, IN 47167

    Priced right to move quickly! Needing some TLC - This 2 bed/1 bath home in Salem has a 23x37 detached garage, and partial unfinished basement. Call to schedule your showing today.

    Mary Finkle Mainstreet REALTORS

    306 W Poplar St, Salem, IN 47167
  • /27

    $175,000

    • 3 Beds
    • 1 Bath
    • 1,192 Sq Ft

    102 Nichols Ave, Salem, IN 47167

    Comfortable all brick ranch home with 3BR, 1 bath and attached 1 car garage with an added 10x10 room which would make a great office. Conveniently located near all amenities on a nice corner lot. Sellers are leaving kitchen appliances, clothes washer and dryer. Priced to move! Call to schedule your showing today.

    Mary Finkle Mainstreet REALTORS

    102 Nichols Ave, Salem, IN 47167
  • /12

    $49,900

    $10K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,248 Sq Ft

    203 S Mill St, Salem, IN 47167

    Investors take a look at this one. Priced to sell!! Home is near the park and overlooks the creek. Property being sold "AS IS" Call to schedule your showing today.

    Mary Finkle Mainstreet REALTORS

    203 S Mill St, Salem, IN 47167
  • /38

    $125,000

    • 11 Beds
    • 3 Baths
    • 3,404 Sq Ft

    307 S High St, Salem, IN 47167

    Come check out this unique Home in Salem, IN. Home offers a lot of possibilities for living arrangements. The main floor offers a Living Room, Formal Dining Room, Kitchen, 3 Bedrooms, Full Bath and Laundry. The 2nd Floor features another Kitchen, 8 Bedrooms, 2 Full Baths and 2 Laundry Areas. There is an attached Garage in the Unfinished Basement and a separate 2 Car Carport. Large Covered Front

    Sherry Bennett-Webb Bennett-Webb Realty

    307 S High St, Salem, IN 47167
  • /2

    $49,900

    • Land
    • 39,639 Sq Ft
    • $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
  • /40

    $155,000

    $5K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,520 Sq Ft

    409 N Water St, Salem, IN 47167

    SUCH HISTORIC CHARM...with a history documented from 1815, this former school house features gorgeous woodwork, pocket doors, cast iron heat radiators, antique fixtures and ornate fireplace and mantle. This home has been updated although the historic charm remains as you enter with living and family rooms, eat-in kitchen, 3 bedrooms and 1 1/2 baths, enclosed porch and 2nd floor sunroom. The

    Linda Ward Temple eXp - Picket Fence Properties

    409 N Water St, Salem, IN 47167
  • /3

    $120,000

    • Land
    • 1.02 Acres
    • $117,647 per Acre

    701 S Main St, Salem, IN 47167

    Position your business for success with this exceptional 1-acre commercial parcel located directly on Main Street in the heart of Salem. This high-visibility property sits adjacent to a busy intersection, offering steady traffic exposure and easy accessibility for customers. The lot features a shared driveway with a well-established nail salon, providing built-in traffic flow and convenient

    KELSEY DAWSON Dawson Real Estate, LLC

    701 S Main St, Salem, IN 47167
  • /26

    $198,900

    • 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 - Picket Fence Properties

    115 Lincoln St, Salem, IN 47167
  • /7

    $95,000

    • Land
    • 5 Acres
    • $19,000 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
  • /13

    $65,000

    $10K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,018 Sq Ft

    307 N Harrison St, Salem, IN 47167

    Classic 1909 charm meets incredible equity potential in this 2-bedroom, 1-bathroom home situated on a spacious quarter-acre lot in the heart of Salem. Boasting 1,018 square feet of living space, this property features original hardwood flooring throughout, a covered front porch perfect for relaxing, and an expansive backyard with plenty of room to roam. The structural layout offers fantastic

    Tyrone Terrell A White House Realty

    307 N Harrison St, Salem, IN 47167
  • /27

    $144,900

    $15K PRICE DROP
    • 1 Bed
    • 1 Bath
    • 720 Sq Ft

    205 Arthur St, Salem, IN 47167

    Adorable MOVE IN READY Bungalow with a 16 x 24 detached BLOCK GARAGE with electric and concrete floor and full size BASEMENT. Lots of CHARACTER with this 1 Br. 1 BA home that has a large level mostly fenced yard. Amenities include a formal dining room, arched doorways, laminate floors, covered front porch and a back patio. Save gas money with this GREAT LOCATION that is conveniently located close

    Debbie Curtis Mainstreet Realtors

    205 Arthur St, Salem, IN 47167
  • /19

    $105,000

    • 3 Beds
    • 1 Bath
    • 796 Sq Ft

    905 Locust St, Salem, IN 47167

    Check out the potential in this charming home in Salem! This home sits on a large lot and unfinished basement in the center of town. Property is to be sold AS-IS. Call for more info today!

    Alicia Powell Lopp Real Estate Brokers

    905 Locust St, Salem, IN 47167
  • /27

    $179,900

    • 3 Beds
    • 1 Bath
    • 936 Sq Ft

    500 Florence St, Salem, IN 47167

    Welcome to this mid-century classic built with timeless craftsmanship! This all-stone, 3-bedroom, 1-bathroom home sits on a premier, spacious corner lot, offering unmatched curb appeal, structural integrity, and room to grow. Forget the stress of upcoming major repairs! The big-ticket items have all been taken care of—the roof, HVAC system, windows, flooring, and water heater are all around 5

    Tyrone Terrell A White House Realty

    500 Florence St, Salem, IN 47167
  • /20

    $62,000

    • Land
    • 30,056 Sq Ft
    • $89,855 per Acre

    9366 S Stonebridge Rd, Salem, IN 47167

    Rare opportunity to own a multi-parcel property along the beautiful Blue River! This unique offering includes 6 parcels totaling approximately 0.69 acres, with 3 parcels located along the river. Tucked away on a quiet dead-end road, this property offers a peaceful setting with endless recreational potential. WATER, ELECTRIC, AND SEPTIC are already on site, providing a great foundation for a

    Ashley Johnson JPAR Aspire

    9366 S Stonebridge Rd, Salem, IN 47167
  • /9

    $50,000

    • Land
    • 1 Acre
    • $50,000 per Acre

    705 N Heritage Chapel Tract 2 Rd, Salem, IN 47167

    LOCATION!! LOCATION!! LOCATION!! READY for you to BUILD YOUR CUSTOM HOME THIS SPRING!! IN THE COUNTRY, located close to SALEM. 1 ACRE ONLY +/- TOTAL. LESS THAN 2 miles from WALMART. No utilities currently on property. Utility information: There is electric at the road, JACKSON COUNTY REMC. Public Water: East Washington Rural Water. Internet:Buyer(s) to verify. Property being SOLD AS-IS. NO

    Tammie McIntyre Brixton Realty

    705 N Heritage Chapel Tract 2 Rd, Salem, IN 47167

Home Price Trends

Median Sale Price
$174,000
Median Single Family Sale Price
$175,000
Median 2 Bedroom Sale Price
$150,000
Median 1 Bedroom Sale Price
$108,730
Average Price Per Sq Ft
$129
Number of Homes for Sale
34
Last 12 months Home Sales
93
Months of Supply
4.40
Median List Price
$189,900
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
3%
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