Housing market · June 2026
Salem Housing Market
Monthly home prices and sales for Salem, Virginia — a $324,086 median sale price in June 2026, up 17.8% from a year earlier.
Salem housing market at a glance
Latest month with the change versus June 2025 — always the same month a year earlier, never the prior month (the data is not seasonally adjusted).
| Measure | June 2026 | Y/Y |
|---|---|---|
| Median sale price | $324,086 | +17.8% |
| Median price per square foot | $163 | -0.9% |
| Median new-listing price | $355,534 | +22.6% |
| Homes sold | 30 | -21.1% |
| New listings | 40 | +2.6% |
| Pending sales | 27 | -15.6% |
| Homes for sale (inventory) | 65 | +22.6% |
| Median days on market | 19 days | +9 days |
| Months of supply | 2.1 | +0.7 mo. |
| Sold above list price | 24.3% | -4.7 pts |
Salem housing market — FAQ
What is the median home price in Salem?+
The median home sale price in Salem, Virginia was $324,086 in June 2026 ($163 per square foot). Data provided by Redfin, a national real estate brokerage.
Are home prices in Salem rising or falling?+
As of June 2026, the median sale price in Salem is up 17.8% versus June 2025. Comparisons are always year over year — the data is not seasonally adjusted, so adjacent months mostly reflect the season, not the market.
How many homes sold in Salem?+
30 homes sold in Salem in June 2026; 288 sold over the trailing 12 months.
Why are some months missing?+
Months where Salem recorded fewer than 3 sales are not shown — medians and ratios on so few transactions are noise. Gaps stay gaps: nothing is interpolated. Counts of homes sold are kept whenever Redfin reports them.