1 day on Rocket
#10594235, Saphire Nolan-Barnett, Listing office: Keller Williams Realty Twn Ctr
Salem Housing Market Report June 2025•Virginia Beach County, Virginia
Housing Prices in Salem, VA
How much do homes in Salem, VA cost?
Median List Price
$355,000$235/SqFt
Based on all homes listed in June 2025
Insight
The list price of homes in Salem has remained the same since May.
Summary: The median home list price in Salem was $355,000 in June 2025, the same as the previous month, and the median price per square foot was $235.
Median List Price By Neighborhoods
| City | May 2025 | Jun 2025 | Change MoM |
|---|---|---|---|
| Glenwood | $412K | $435K | +5.6% |
| Glenwood Seasons | $502.5K | $525K | +4.5% |
| Coventry | $420.3K | $437.5K | +4.1% |
| Glenwood Greens | $322.5K | $322.5K | 0.0% |
| Salem | $355K | $355K | 0.0% |
Median List Price By Bedrooms
| Beds | May 2025 | Jun 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $294.9K | $298.5K | +1.2% |
| 33 Bedrooms | $364.9K | $360K | -1.3% |
| 44 Bedrooms | $494K | $478.9K | -3.1% |
| 55+ Bedrooms | $622K | $639.5K | +2.8% |
Summary: Salem housing price by bedroom type for June 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +1.2%. The home price for 3 bedroom homes decreased by -1.3%. The home price for 4 bedroom homes decreased by -3.1%. The home price for 5 bedroom homes increased by +2.8%.
How does Salem, VA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Salem, VA
Housing supply in Salem, VA
How many homes are available in Salem, VA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 161Last MonthJun 2025 | ||
| 1732 months agoMay 2025 | -6.9 % Change MoMMay – Jun |
Summary: The Salem real estate market had 161 homes for sale in Jun 2025, a 6.9 % decrease compared to May 2025.
Homes For Sale By Bedroom Count
| Beds | May 2025 | Jun 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 65 | 60 | -7.7% |
| 33 Bedrooms | 56 | 49 | -12.5% |
| 44 Bedrooms | 39 | 33 | -15.4% |
| 55+ Bedrooms | 13 | 19 | +46.2% |
Summary: Salem housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -7.7%. The inventory for 3 bedroom homes decreased by -12.5%. The inventory for 4 bedroom homes decreased by -15.4%. The inventory for 5 bedroom homes increased by +46.2%.
Asking Price vs. Sold Price
How much do homes in Salem, VA 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 48 homes were sold or pending in Salem in June 2025, down by 2.0% month-over-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, VA
How long does it take to sell a home in Salem, VA?
Breakdown of Home Sale Times
Under 30 Days33 Homes
30 – 90 Days13 Homes
Over 90 Days2 Homes
Insight
Many homes in Salem are selling fast, if you're buying plan to act quickly.
Summary: During June 2025, 48 homes were sold in Salem; 69% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Average Listing Age
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 54 DaysLast MonthJun 2025 | ||
| 47 Days1 month agoMay 2025 | +15.9 % Change MoMMay – Jun |
Summary: Homes in Salem had an average listing age of 54 days in Jun 2025, up by 15.9% compared to the previous month.
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Newest Listings in Salem, VA
What homes are available in Salem, VA?
2 days on Rocket
#10594124, Breyana Hawks, Listing office: Dragas Companies Realty Inc
2 days on Rocket
#10593990, Shanna Feroni, Listing office: Howard Hanna Real Estate Svcs.
4 days on Rocket
#10593789, Gabrielle Miller, Listing office: Jason Mitchell Real Estate
5 days on Rocket
#10593773, Bobby Njoo, Listing office: 1st Class Real Estate Flagship
5 days on Rocket
#10593607, Bradley Rosenberg, Listing office: KW Coastal Virginia Chesapeake
6 days on Rocket
#10593724, Ally Williams, Listing office: Own Real Estate LLC
6 days on Rocket
#10593523, Eletheria Sandalis, Listing office: Real Estate USA
6 days on Rocket
#10593674, Matt Herrick, Listing office: BHHS RW Towne Realty
6 days on Rocket
#10593597, Cheryl Hickok, Listing office: BHHS RW Towne Realty
6 days on Rocket
#10592809, William Layton, Listing office: The Real Estate Group
7 days on Rocket
#10593441, Conley Hall, Listing office: World Class Realty
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MLS Disclaimers and Copyright
Based on information from Real Estate Information Network, for the period 05/01/2025 - 07/01/2025
Copyright © 2025 REIN. REIN's listings Data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of Data and information. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW. The listings data displayed on this medium comes in part from the Real Estate Information Network Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent.
Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings, user is advised to verify the accuracy of the listing information before making any financial decisions.
This application does not include information on all of the properties available for sale at this time.
Some of these listings contain enhanced listing information including mapping from sources such as Google, Bing, Microsoft, Yahoo, WalkScore and others.
REIN updates its listings on a daily basis.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/25/2025, 6:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.