$3,551 Closing Credit¹
#22502235, Bonnie Sabers, Listing Office: Bonafide Real Estate LLC
Salem Housing Market Report March 2025•McCook County, South Dakota
Housing Prices in Salem, SD
How much do homes in Salem, SD cost?
Median List Price
$232,500$143/SqFt
-$37,500
-13.9%
Based on all homes listed in March 2025
Insight
The list price of homes in Salem has decreased by 13.9% since February.
Summary: The median home list price in Salem was $232,500 in March 2025, down 13.9% from the previous month, and the median price per square foot was $143.
Median List Price By Cities
| City | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| Salem Township | $270K | $232.5K | -13.9% |
| Salem | $270K | $232.5K | -13.9% |
Median List Price By Bedrooms
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | $89.9K | N/A |
| 22 Bedrooms | $270K | $270K | 0.0% |
| 33 Bedrooms | $260K | $260K | 0.0% |
| 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 did not change. 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, SD compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Salem, SD
Housing supply in Salem, SD
How many homes are available in Salem, SD?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthMar 2025 | ||
| 52 months agoFeb 2025 | +20.0 % Change MoMFeb – Mar |
Summary: The Salem real estate market had 6 homes for sale in Mar 2025, a 20.0 % increase compared to Feb 2025.
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 1 | +100.0% |
| 22 Bedrooms | 3 | 3 | 0.0% |
| 33 Bedrooms | 2 | 2 | 0.0% |
| 44 Bedrooms | 0 | 0 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Salem housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Days on Market for Salem, SD
How long does it take to sell a home in Salem, SD?
Average Listing Age
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 108 DaysLast MonthMar 2025 | ||
| 96 Days1 month agoFeb 2025 | +11.9 % Change MoMFeb – Mar |
Summary: Homes in Salem had an average listing age of 108 days in Mar 2025, up by 11.9% compared to the previous month.
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Newest Listings in Salem, SD
What homes are available in Salem, SD?
$949 Closing Credit¹
#22501897, Cole Shawd, Listing Office: Bender REALTORS
$1,763 Closing Credit¹
#22500353, Bonnie Sabers, Listing Office: Bonafide Real Estate LLC
$2,316 Closing Credit¹
#22409063, Bonnie Sabers, Listing Office: Bonafide Real Estate LLC
$2,969 Closing Credit¹
#22407161, Clay Wilhelm, Listing Office: The Experience Real Estate
$3,859 Closing Credit¹
#22403026, Bonnie Sabers, Listing Office: Bonafide Real Estate LLC
Nearby markets
Nearby markets aren't available for Salem, SD
Popular Cities with Homes for Sale in South Dakota
MLS Disclaimers and Copyright
Based on information from Sioux Empire MLS, for the period 02/01/2025 - 04/01/2025
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by other brokerage firms are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. 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. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The REALTOR® Association of the Sioux Empire, Inc. does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. 
©2025 REALTOR® Association of the Sioux Empire, Inc. Multiple Listing Service. 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: 4/22/2025, 5:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.