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Newest Homes for Sale in Salem, VA

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  • /38

    $444,950

    $20K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 2,191 Sq Ft

    2812 Russlen Dr, Salem, VA 24153

    Russlen Farms is in the desirable Glenvar school district adjacent to Salem, VA. This community is conveniently located minutes from Lewis Gale Hospital, Historic Downtown Salem, Virginia, and Roanoke College.This home includes 9ft ceilings, luxury plank flooring throughout, upgraded trim, upgraded white cabinets with brushed nickel soft-close hardware and quartz countertops in the

    Robert Fralin R FRALIN & ASSOCIATES INC

    2812 Russlen Dr, Salem, VA 24153
  • /7

    $359,990

    • 3 Beds
    • 3 Baths
    • 1,573 Sq Ft

    3682 Keagy Rd SW, Roanoke, VA 24018

    Experience the Mozart at Keagy, a luxury to-be-built townhome offering 1,573 sq.ft with 3 bedrooms and 2.5 bathrooms, PLUS a 2 car garage all with no-maintenance living. Conveniently located near LewisGale Medical Center with easy access to shopping, dining, and major commuter routes, this thoughtfully designed home features an open-concept main level with a gourmet kitchen, large center island,

    Meg Smith MKB, REALTORS®

    3682 Keagy Rd SW, Roanoke, VA 24018
  • /33

    $299,950

    • 4 Beds
    • 2 Baths
    • 2,024 Sq Ft

    2110 Ellison Ave Unit 2114, Salem, VA 24153

    Fantastic investment opportunity in Salem! This unique property features a brick ranch home plus a separate cottage/guest home, offering an excellent opportunity for an investor or a buyer who wants to live in one home while renting the other to help offset the mortgage. The main home offers a newer roof, replacement windows, hardwood floors, stainless steel appliances, a newer smart oven/range

    Grant Cockrell RE/MAX ALL STARS

    2110 Ellison Ave Unit 2114, Salem, VA 24153
  • /32

    $379,990

    • 4 Beds
    • 3 Baths
    • 1,928 Sq Ft

    103 Medmont Cir SW Unit B, Roanoke, VA 24018

    Experience the Thornewood at Keagy, a luxury to-be-built townhome offering 1,928 sq.ft with 4 bedrooms and 2.5 bathrooms all with no-maintenance living. Conveniently located near LewisGale Medical Center with easy access to shopping, dining, and major commuter routes, this thoughtfully designed home features an open-concept main level with a gourmet kitchen, large center island, spacious great

    Meg Smith MKB, REALTORS®

    103 Medmont Cir SW Unit B, Roanoke, VA 24018
  • /34

    $374,950

    $15K PRICE DROP
    • 3 Beds
    • 3 Baths
    • 1,650 Sq Ft

    3086 Isabel Ln, Salem, VA 24153

    Riverland Vineyards is in the desirable Glenvar school district and is conveniently located to Lewis Gale Hospital, Historic Downtown Salem VA, and Roanoke College. And Virginia Tech is less than 30 miles west!This home includes 9ft ceilings and luxury plank flooring throughout the main living area, upgraded white cabinets with brushed nickel hardware and quartz countertops in the

    Robert Fralin R FRALIN & ASSOCIATES INC

    3086 Isabel Ln, Salem, VA 24153
  • /32

    $1,999,750

    • 4 Beds
    • 4 Baths
    • 10,422 Sq Ft

    130 W Calhoun St, Salem, VA 24153

    Excellent Turnkey Investment Opportunity - 5 Townhomes Fully Leased! Newer construction (2023) 4-bedroom, 4-bath townhome built by Alam Design Group. All 5 units are currently leased, offering investors the opportunity to acquire an established income-producing property with tenants already in place.Each townhome offers approximately 2,078 +/- finished square feet with four bedrooms, each

    Agent Photo

    Tim Thompson

    MKB, REALTORS®

    130 W Calhoun St, Salem, VA 24153
  • /2

    $29,500

    • Land
    • 12,632 Sq Ft
    • $101,724 per Acre

    0 Salem Turnpike NW Unit 930694, Roanoke, VA 24017

    Good City location, neighborhood building lot.

    Trish Epperly CENTURY 21 WAMPLER REALTY

    0 Salem Turnpike NW Unit 930694, Roanoke, VA 24017
  • /2

    $54,000

    • 2 Beds
    • 1 Bath
    • 752 Sq Ft

    421 S Market St, Salem, VA 24153

    This house needs a major makeover. It has been gutted. House has all new wiring thru out.

    J.c. Taylor YOUNG REALTY COMPANY

    421 S Market St, Salem, VA 24153
  • /28

    $288,000

    • 4 Beds
    • 1 Bath
    • 1,905 Sq Ft

    5814 Maywood Ave, Salem, VA 24153

    Super Brick Ranch Four with (4) Bedrooms on the Main Level. The 4th Bedroom Off of the Kitchen is currently used as a Dining Room. Wide Center Hallway. LVP Flooring in Living Room and Hallway with Hardwood Floors Under. Carpet in 3 Bedrooms with Hardwoods Under. Large Covered Front Porch. Updated Newer Bathroom (2020). Full Walk-Out Lower Level with a Newly Finished Large L-Shaped Family Room /

    Mark Wolford RE/MAX ALL STARS

    5814 Maywood Ave, Salem, VA 24153
  • /31

    $399,950

    • 4 Beds
    • 4 Baths
    • 2,110 Sq Ft

    132 W Calhoun St, Salem, VA 24153

    Newer construction (2023) 4-bedroom, 4-bath townhome built by Alam Design Group, offering quality construction, modern finishes, and an exceptional floor plan. With approximately 2,078 +/- finished square feet, this spacious home features four bedrooms, each with its own private ensuite bath.The main level offers a spacious living room, well-appointed kitchen with stainless steel LG

    Agent Photo

    Tim Thompson

    MKB, REALTORS®

    132 W Calhoun St, Salem, VA 24153
  • /50

    $399,950

    • 4 Beds
    • 4 Baths
    • 2,110 Sq Ft

    140 W Calhoun St, Salem, VA 24153

    Newer construction (2023) 4-bedroom, 4-bath townhome built by Alam Design Group, offering quality construction, modern finishes, and an exceptional floor plan. With approximately 2,078 +/- finished square feet, this spacious home features four bedrooms, each with its own private ensuite bath.The main level offers a spacious living room, well-appointed kitchen with stainless steel LG

    Agent Photo

    Tim Thompson

    MKB, REALTORS®

    140 W Calhoun St, Salem, VA 24153
  • /20

    $399,990

    $20K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 1,932 Sq Ft

    5041 Medmont Cir SW, Roanoke, VA 24018

    Move-in ready and available now, this desirable end-unit Thornewood at Keagy Towns offers the rare opportunity to enjoy the benefits of new construction without the wait. Ideally located near LewisGale Medical Center with convenient access to shopping, dining, and major commuter routes, this luxury townhome combines modern design, low-maintenance living, and the flexibility today's buyers desire.

    Meg Smith MKB, REALTORS®

    5041 Medmont Cir SW, Roanoke, VA 24018
  • /35

    $399,950

    • 4 Beds
    • 4 Baths
    • 2,078 Sq Ft

    134 W Calhoun St, Salem, VA 24153

    Newer construction (2023) 4-bedroom, 4-bath townhome built by Alam Design Group, offering quality construction, modern finishes, and an exceptional floor plan. With approximately 2,078 +/- finished square feet, this spacious home features four bedrooms, each with its own private ensuite bath.The main level offers a spacious living room, well-appointed kitchen with stainless steel LG

    Agent Photo

    Tim Thompson

    MKB, REALTORS®

    134 W Calhoun St, Salem, VA 24153
  • /20

    $317,500

    • 2 Beds
    • 2 Baths
    • 1,435 Sq Ft

    92 Maple St, Salem, VA 24153

    Premium end unit with private patio & extended carport coverage. Plug in to the charm of Salem and all this great locationprovides; just moments away from shops, dining, the farmers market, a variety of restaurants and the popular Lake Spring Duck Pond. Be close to the actionwhile enjoying the comfort & ease of this one level living patio home with spacious bedrooms, an open kitchen

    Wendy Gilbert RE/MAX ALL POINTS

    92 Maple St, Salem, VA 24153
  • /23

    $399,990

    • 4 Beds
    • 3 Baths
    • 1,932 Sq Ft

    103 Medmont Cir SW Unit B, Roanoke, VA 24018

    To Be Built, the Thornewood at Keagy Towns offers the opportunity to personalize your new home in this sought-after community. The Thornewood is a luxury townhome featuring a one-car garage with extra storage and upscale finishes throughout. Conveniently located near LewisGale Medical Center with easy access to shopping, dining, and commuter routes, this home offers an open-concept main level

    Meg Smith MKB, REALTORS®

    103 Medmont Cir SW Unit B, Roanoke, VA 24018
  • /47

    $469,950

    • 4 Beds
    • 4 Baths
    • 2,744 Sq Ft

    128 Diamond Rd, Salem, VA 24153

    Welcome to this meticulously maintained two-story Colonial offering spacious living, thoughtful updates, and plenty of room for everyone. The main level features a bright, open floor plan connecting the kitchen and living room, along with a convenient half bath. The large kitchenboasts marble countertops, tasteful tile backsplash, stainless steel appliances, and a large island for meals on

    Joe Alls RE/MAX ALL STARS

    128 Diamond Rd, Salem, VA 24153
  • /23

    $419,990

    $20K PRICE DROP
    • 5 Beds
    • 4 Baths
    • 2,549 Sq Ft

    105 Medmont Cir SW Unit C, Roanoke, VA 24018

    Experience the Thornewood Basement at Keagy Towns, a luxury to-be-built townhome offering 2,571 finished sq. ft., 5 bedrooms, 3.5 baths, and low-maintenance living. Conveniently located near LewisGale Medical Center with easy access to shopping, dining, and major commuter routes, this thoughtfully designed home features an open-concept main level with a gourmet kitchen, large center island,

    Meg Smith MKB, REALTORS®

    105 Medmont Cir SW Unit C, Roanoke, VA 24018
  • /30

    $399,950

    • 4 Beds
    • 4 Baths
    • 2,078 Sq Ft

    130 W Calhoun St, Salem, VA 24153

    Newer construction (2023) 4-bedroom, 4-bath townhome built by Alam Design Group, offering quality construction, modern finishes, and an exceptional floor plan. With approximately 2,078 +/- finished square feet, this spacious home features four bedrooms, each with its own private ensuite bath.The main level offers a spacious living room, well-appointed kitchen with stainless steel LG

    Agent Photo

    Tim Thompson

    MKB, REALTORS®

    130 W Calhoun St, Salem, VA 24153
  • /41

    $399,950

    • 4 Beds
    • 4 Baths
    • 2,110 Sq Ft

    138 W Calhoun St, Salem, VA 24153

    Newer construction (2023) 4-bedroom, 4-bath townhome built by Alam Design Group, offering quality construction, modern finishes, and an exceptional floor plan. With approximately 2,078 +/- finished square feet, this spacious home features four bedrooms, each with its own private ensuite bath.The main level offers a spacious living room, well-appointed kitchen with stainless steel LG

    Agent Photo

    Tim Thompson

    MKB, REALTORS®

    138 W Calhoun St, Salem, VA 24153
  • /57

    $299,950

    • 2 Beds
    • 2 Baths
    • 1,218 Sq Ft

    110 Hart Dr, Salem, VA 24153

    Welcome to this very well-kept home offering easy one-level living in a wonderful Salem neighborhood! Situated on a quiet cul-de-sac, this home features a nice, comfortable flow that makes everyday living and entertaining a breeze. The flat lot provides plenty of usable outdoor space,including a fenced backyard and inviting paver patio--perfect for relaxing, entertaining, or enjoying time

    Josh Dix RE/MAX ALL STARS

    110 Hart Dr, Salem, VA 24153
  • /43

    $424,995

    • 3 Beds
    • 2 Baths
    • 2,970 Sq Ft

    500 Diamond Rd, Salem, VA 24153

    Welcome home to this beautifully updated 3-bedroom, 2-bath ranch in the heart of Salem! Offering a spacious and versatile layout, this home features a 2-car garage, finished basement, fenced backyard, dedicated garden space, and plenty of room for entertaining both indoors and out. Inside, you'll find a thoughtfully updated home with comfortable living spaces and a beautifully renovated

    Brandon Bayse RE/MAX ALL STARS

    500 Diamond Rd, Salem, VA 24153
  • /67

    $825,000

    • 2 Beds
    • 2 Baths
    • 2,000 Sq Ft

    5809 Twine Hollow Rd, Salem, VA 24153

    Beautiful custom log home built in 2013 on approximately 29.5 private acres across 2 tracts. Offering 2000sf of finished living space plus 2000sf of unfinished space ready for expansion, this 2BR, 2BA home features an open-concept kitchen & living area with granite countertops, hickory hardwood floors & tongue-and-groove wood finishes throughout. The spacious primary suite includes a double

    Aaron Radford Lyons Team Realtors - Cburg

    5809 Twine Hollow Rd, Salem, VA 24153
  • /32

    $389,990

    $20K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 1,928 Sq Ft

    5045 Medmont Cir SW, Roanoke, VA 24018

    Move-in ready and available now, The Thornewood at Keagy Towns offers the rare opportunity to enjoy the benefits of new construction without the wait. Ideally located near LewisGale Medical Center with convenient access to shopping, dining, and major commuter routes, this luxury townhome combines modern design, low-maintenance living, and the flexibility today's buyers desire. The open-concept

    Meg Smith MKB, REALTORS®

    5045 Medmont Cir SW, Roanoke, VA 24018
  • /50

    $314,950

    • 3 Beds
    • 2 Baths
    • 1,153 Sq Ft

    125 Academy St, Salem, VA 24153

    Completely remodeled in 2023, this 3BR 2BA condo is within walking distance of Roanoke College and downtown Salem. This is a second floor, 1-1/2 story unit in historic Academy Court. Open floor plan with a 13' ceiling and a loft. Hardwood floors in the main living area and kitchen, carpet in the bedrooms and loft, and tile in the bathrooms. The entry level bedrooms have spacious walk in closets.

    Joe Alls RE/MAX ALL STARS

    125 Academy St, Salem, VA 24153
  • /26

    $264,950

    • 2 Beds
    • 2 Baths
    • 1,222 Sq Ft

    872 Stonegate Ct, Salem, VA 24153

    Ready to downsize or just enjoy single level living? Welcome to this beautifully refreshed 2-bedroom, 2-bath townhouse in the highly desirable Stonegate Court neighborhood! Fresh paint throughout and new LVP flooring in the living room, hallway, and both bedrooms give this home a clean, modern feel and make it move-in ready. The spacious layout offers comfortable living areas and two full

    Joe Alls RE/MAX ALL STARS

    872 Stonegate Ct, Salem, VA 24153
  • /65

    $599,950

    • 3 Beds
    • 4 Baths
    • 2,792 Sq Ft

    419 Tennessee St, Salem, VA 24153

    A must-see Salem home! Over the past six years, this 3-bedrm, 3.5-bath home has undergone significant renovations. The expanded kitchen features custom cabinetry, leathered marble countertops, SS appliances, walk-in pantry, an added half bath, gas logs, & recessed lighting. Upstairs are two newly added en-suites, including a primary bath w/heated tile floors, clawfoot tub, walk-in tiled shower,

    Cheri Keller MKB, REALTORS® - SALEM

    419 Tennessee St, Salem, VA 24153
  • /38

    $444,950

    $20K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 2,191 Sq Ft

    2824 Russlen Dr, Salem, VA 24153

    Russlen Farms is in the desirable Glenvar school district adjacent to Salem, VA. This community is conveniently located minutes from Lewis Gale Hospital, Historic Downtown Salem, Virginia, and Roanoke College.This home includes 9ft ceilings, luxury plank flooring throughout, upgraded trim, upgraded white cabinets with brushed nickel soft-close hardware and quartz countertops in the

    Robert Fralin R FRALIN & ASSOCIATES INC

    2824 Russlen Dr, Salem, VA 24153
  • /60

    $594,950

    $105K PRICE DROP
    • 3 Beds
    • 4 Baths
    • 3,053 Sq Ft

    4630 Deer Trail Dr, Salem, VA 24153

    Welcome to this charming log-style home on 5.46 private acres in Salem with mountain views and peaceful surroundings! This property offers gas-log fireplaces in the great room and den as well as an open kitchen that connects to a generous living space. Covered front and rear porches, a large deck, and garden areas offer great outdoor living. The full walkout basement provides extra flexibility

    David Spangler KELLER WILLIAMS REALTY ROANOKE

    4630 Deer Trail Dr, Salem, VA 24153
  • /81

    $725,000

    • 3 Beds
    • 2 Baths
    • 2,233 Sq Ft

    3663 Bradshaw Rd, Salem, VA 24153

    WELCOME HOME TO YOUR ONCE-IN-A-LIFETIME 14.43-Acre Estate of Natural Beauty & Endless Possibilities! Set on an extraordinary 14.43 acres of private, picturesque land with panoramic mountain views, this exceptional property offers a rare combination of natural beauty, recreation, privacy, and versatility. Imagine waking up to sweeping mountain views, enjoying spectacular sunrises and sunsets,

    Kendra Porter VIRGINIA REALTY GROUP

    3663 Bradshaw Rd, Salem, VA 24153
  • /23

    $399,990

    $30K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 1,932 Sq Ft

    5049 Medmont Cir SW, Roanoke, VA 24018

    Move-In Ready for December this desirable end-unit Thornewood at Keagy Towns offers the rare opportunity to enjoy the benefits of new construction without the wait. The Thornewood is a luxury townhome in the new Keagy Towns community, offering a one-car garage with extra storage and upscale finishes throughout. Ideally located near LewisGale Medical Center with convenient access to shopping,

    Meg Smith MKB, REALTORS®

    5049 Medmont Cir SW, Roanoke, VA 24018
  • /37

    $323,999

    • 3 Beds
    • 2 Baths
    • 1,400 Sq Ft

    727 Peck St NW, Roanoke, VA 24017

    Welcome home to this beautiful new construction offering the ease of one-level living! The bright, open floor plan features a spacious living room that flows seamlessly into the kitchen and dining area, creating the perfect space for everyday living and entertaining. The stunning kitchen offers granite countertops, a large center island, subway tile backsplash, abundant cabinetry, stainless steel

    Tricia Johnson PROPERTY NAVIGATORS LLC

    727 Peck St NW, Roanoke, VA 24017
  • /42

    $759,950

    New Construction
    • 4 Beds
    • 3.5 Baths
    • 2,421 Sq Ft

    726 Ambler Ln, Salem, VA 24153

    This spacious 4-bedroom, 3.5-bathroom residence offers breathtaking views of the mountains and the vibrant City of Salem. Nestled on the last remaining lot in the sought-after subdivision of Heritage Downs, this property is perfect for families and entertainers alike. Inside, the open floor plan seamlessly connects the living, dining, and kitchen areas. Enjoy stunning views from your rear deck.

    Brad Graham MKB, REALTORS®

    726 Ambler Ln, Salem, VA 24153
  • /64

    $395,000

    • 3 Beds
    • 3 Baths
    • 2,075 Sq Ft

    6219 Joyce Ln, Salem, VA 24153

    Very nice brick ranch home with full basement, featuring 3 bedrooms, 3 baths on 1.39 acres. Newer kitchen with granite countertops. Family room and rec room area in basement with full bath. Laundry and additional storage in basement. Carport has been converted to a screened in porch, it can be converted back to a carport. 2 car detached garage and RV shed. Septic pumped in July. Starlink

    Jeannette Boyd Page & Assoc. Real Estate

    6219 Joyce Ln, Salem, VA 24153
  • /15

    $379,990

    New Construction $30K PRICE DROP
    • 4 Beds
    • 2.5 Baths
    • 1,924 Sq Ft

    Thornewood Slab Plan at Keagy Towns, Roanoke, VA 24018

    Keagy: Luxury, maintenance-free living, wooded homesites & garages in prime City of Roanoke location just steps to LewisGale.Introducing the Thornewood, a gorgeous, attached home with the space, style, and livability of a single-family home. The gourmet kitchen features a spacious island and overlooks the inviting great room and dining area. Upstairs, three guest bedrooms share a hall

    Ryan Homes Builder
    5049 Medmont Cir SW Unit 41752626, Roanoke, VA 24018
  • /12

    $359,990

    New Construction $15K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 1,573 Sq Ft

    Mozart Plan at Keagy Towns, Roanoke, VA 24018

    Welcome to Keagy, where maintenance-free luxury living meets everyday convenience in the City of Roanoke, just steps to LewisGale.Introducing the Mozart, a townhome with a ton of simplicity and functionality. On the main living level, an enormous Kitchen with island opens onto a bright and airy Living Room, perfect for entertaining.Upstairs are two spacious guest bedrooms with

    Ryan Homes Builder
    5049 Medmont Cir SW Unit 41752625, Roanoke, VA 24018
  • /15

    $419,990

    New Construction $30K PRICE DROP
    • 5 Beds
    • 3.5 Baths
    • 2,571 Sq Ft

    Thornewood Basement Plan at Keagy Towns, Roanoke, VA 24018

    Keagy: Luxury, maintenance-free living, wooded homesites & garages in prime City of Roanoke location just steps to LewisGale.Introducing the Thornewood Basement, a gorgeous 1-car garage townhome with the space, style, and livability of a single-family home. The gourmet kitchen features a spacious island and overlooks the inviting great room and dining area. Upstairs, three guest bedrooms

    Ryan Homes Builder
    5049 Medmont Cir SW Unit 41752627, Roanoke, VA 24018
  • /17

    $354,990

    New Construction
    • 4 Beds
    • 2.5 Baths
    • 1,680 Sq Ft

    Birch Plan at Steelton Mill, Salem, VA 24153

    Welcome to Steelton Mill – Quality-crafted, single-family homes with mountain views and elevated living in the heart of Salem.The Birch single-family home offers space and style. Enter through the 2-car garage or foyer and find a light-filled, airy floor plan. The great room flows into the dinette and kitchen area so you never miss a moment with friends or family around the island.

    Ryan Homes Builder
    104 Johnston Park Dr Unit 41752621, Salem, VA 24153
  • /40

    $329,950

    • 4 Beds
    • 2 Baths
    • 1,644 Sq Ft

    303 Valleydale Ave, Salem, VA 24153

    Welcome to your new Salem home! Beautifully remodeled, it features a living room with gas log fireplace, hardwood floors, breakfast area, nice kitchen with tile backsplash, granite countertops, nice cabinets, stainless appliances, and dining room. Two bedrooms and a hall full bath complete the entry level. Upstairs is the primary bedroom, full bath, & 4th bedroom. The basement features a nice

    Jeff Snyder WAINWRIGHT & CO., REALTORS®

    303 Valleydale Ave, Salem, VA 24153
  • /7

    $267,000

    • 4 Beds
    • 2 Baths
    • 2,244 Sq Ft

    420 Front Ave Unit 422, Salem, VA 24153

    Investment opportunity in Salem! 420 Front Avenue offers the chance to add an established, income-producing property to your real estate portfolio. Currently fully occupied by long-term tenants, this up/down duplex features two separate units within one property, providing rental income from day one. Located in Salem with convenient access to downtown, shopping, dining, employment centers, and

    Chad Hanger HANGER & ASSOCIATES

    420 Front Ave Unit 422, Salem, VA 24153
  • /40

    $260,000

    • 4 Beds
    • 1 Bath
    • 1,444 Sq Ft

    2203 Inge Cir, Salem, VA 24153

    Tucked away on a quiet cul-de-sac in the City of Salem, this split-foyer home offers the perfect blend of comfort, space, and convenience. Morning walks to the Greenway, afternoons in the large fenced backyard, and evenings filled with natural light make this a place you'll love coming home to. Inside, the semi-open floor plan features hardwood floors, abundant windows, and three bedrooms on the

    Leah Hedrick MKB, REALTORS®

    2203 Inge Cir, Salem, VA 24153

Showing Results 1 - 40, Page 1 of 5

Frequently Asked Questions

What is the average home price in Salem, VA?
Homes for sale in Salem, VA have an average home price of $343,367.
How many homes have sold over the last 12 months in Salem, VA?
283 homes have sold in Salem, VA over the last 12 months.
What is the average household income in Salem, VA?
The average household income in Salem, VA is $92K.
What are the most popular zip codes in Salem, VA?
The most popular zip codes in Salem, VA include 24153, 24017, 24018, 24019 and 24015.
How much do you need to make to afford a house in Salem?
The median home price in Salem is $318,725. If you put a 20% down payment of $63,700 and had a 30-year fixed mortgage with an interest rate of 6.65%, your estimated principal and interest payment would be $1,640 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $70K a year to afford the median home price in Salem. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Salem is $92K.
How are the schools in Salem, VA?
Salem, VA has highly rated public and private schools. Some of the best schools in Salem based on Niche Grades are Grandin Court Elementary School, Fort Lewis Elementary School and Hidden Valley High School. Browse all the schools in Salem, VA to learn more.

Home Price Trends

Median Sale Price
$300,000
Median Single Family Sale Price
$323,250
Median Townhouse Sale Price
$317,500
Median 2 Bedroom Sale Price
$227,500
Median 1 Bedroom Sale Price
$188,250
Average Price Per Sq Ft
$184
Number of Homes for Sale
76
Last 12 months Home Sales
283
Months of Supply
3.20
Median List Price
$318,725
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
5%
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