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#202514040, Debbie Curtis, Listing Office: Mainstreet Realtors
Salem Housing Market Report March 2025•Washington County, Indiana
Housing Prices in Salem, IN
How much do homes in Salem, IN cost?
Housing Market Conditions
Is Salem, IN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Salem is a Buyer's Market
Difference Since February 2025
Last month, Salem has remained a Buyer's Market.
Insight
Salem is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$219,000$1,095/SqFt
+$181,000
+476.3%
Based on all homes sold in March 2025
Insight
Homes in Salem have sold for 476.3% more than they did a month ago.
Summary: The median home sold price in Salem was $219,000 in March 2025, up 476.3% from last month, and the median price per square foot was $1,095.
Median Sold Price By Cities
| City | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| Salem | $38K | $219K | +476.3% |
| Washington Township | $112.5K | $212.5K | +88.9% |
Median Sold Price By Bedrooms
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | $38K | $219K | +476.3% |
| 22 Bedrooms | - | - | N/A |
| 33 Bedrooms | - | - | N/A |
| 44 Bedrooms | - | - | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: Salem housing price by bedroom type for March 2025, compared to the previous month. The home price for 1 bedroom homes increased by +476.3%. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
How does Salem, IN compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Salem, IN
Housing supply in Salem, IN
How many homes are available in Salem, IN?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 13Last MonthMar 2025 | ||
| 92 months agoFeb 2025 | +44.4 % Change MoMFeb – Mar |
Summary: The Salem real estate market had 13 homes for sale in Mar 2025, a 44.4 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1Last MonthMar 2025 | ||
| 12 months agoFeb 2025 | 0.0 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 1 | -50.0% |
| 22 Bedrooms | 1 | 1 | 0.0% |
| 33 Bedrooms | 3 | 7 | +133.3% |
| 44 Bedrooms | 2 | 2 | 0.0% |
| 55+ Bedrooms | 1 | 2 | +100.0% |
Summary: Salem housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -50.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +133.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +100.0%.
Asking Price vs. Sold Price
How much do homes in Salem, IN cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price0 Home
Insight
If you're buying a home in Salem, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Salem in March 2025, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and and 0% were sold over asking.
Days on Market for Salem, IN
We’re sorry, we don't have information for this market at the moment.
Home sale times aren’t available for this area.
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Newest Listings in Salem, IN
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Nearby markets
Nearby markets aren't available for Salem, IN
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MLS Disclaimers and Copyright
Based on information from Indiana Regional MLS, for the period 02/01/2025 - 04/01/2025
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/24/2025, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.