Why Live in Salem
Salem, Utah, often referred to as "Pond Town," is a small city known for its scenic beauty and strong community spirit. The city has grown significantly over the past two decades, with a population now around 10,000. Residents enjoy outdoor activities at Salem Pond, including paddleboarding and fishing, with picturesque views of Mount Loafer. The city features a mix of brand-new subdivisions with spacious homes and a few historic brick houses. Salem Hills High School, part of the Nebo School District, is highly rated and offers a diverse range of electives and Career Technical Education opportunities. Local dining options include long-standing establishments like Stan’s Drive-in and Soda Retreat, as well as various fast-food chains and local eateries along Utah State Route 198. For shopping, residents frequent Stokes Market and Ace Hardware, with additional amenities available in nearby Spanish Fork and Provo, both just 8 miles away. Annual events such as the Salem Days festival and the Pond Town Christmas Boutique foster a sense of community. Recreational activities abound, from kayaking on Salem Pond to exploring Utah Lake and its state park. While largely car-dependent, Salem is connected to Provo and beyond via UTA buses and the FrontRunner train. Provo Airport, 15 miles away, provides direct flights to several U.S. cities. For healthcare, residents rely on Mountain View Hospital in nearby Payson. The city also has historical significance with "The Dream Mine," an ore-processing mill with a storied past.
Home Trends in Salem, UT
On average, homes in Salem, UT sell after 120 days on the market compared to the national average of 70 days. The median sale price for homes in Salem, UT over the last 12 months is $534,990, down 19% from the median home sale price over the previous 12 months.
Median Sale Price
$534,990
Median Single Family Sale Price
$689,900
Median Townhouse Sale Price
$393,740
Average Price Per Sq Ft
$218
Number of Homes for Sale
50
Last 12 months Home Sales
243
Median List Price
$594,990
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-19%