Salem, IL Real Estate & Property Data
Last Updated: April 28, 2024
Accurate and comprehensive real estate data is critical for insight into Salem, IL. ATTOM’s Salem real estate data is updated daily, and current market trends show that in Salem, IL a total of 167 residential properties have sold over the past year. With a median home price of $55,000 in Salem. Get detailed property data for Salem, IL instantly. ATTOM is your one-stop-shop for the Salem property reports and real estate data you need in Salem, IL.
Total Residential Properties 4,167
Total Commercial Properties 502
Avg. Home Age (Single Family Home) N/A
Avg. Square Feet (Single Family Home) N/A
Total 2024 Residential Sales (year-to-date) 22
% of Homes Seriously Underwater (Q2 2024) 2.64%
Total 2023 Residential Sales 154
% of Equity Rich Homes (Q2 2024) 19.36%
Effective 2023 Property Tax 1.48%
Total Foreclosure Filings (year-to-date) 2
Salem, IL Real Estate Overview
There were 167 residential properties sold in the past year in Salem, IL. The median home value in Salem, IL is $114,354. There are a total of 4,167 residential properties in the Salem.
Median Sales Price i
$55,000
(Feb 2024)
-41.5%
year-over-year
y-o-y
- February '24 Feb '24 $55,000
- January '24 Jan '24 $81,500
- December '23 Dec '23 $129,500
- November '23 Nov '23 $165,000
- October '23 Oct '23 $142,000
- September '23 Sep '23 $195,000
- August '23 Aug '23 $113,500
- July '23 Jul '23 $125,000
- June '23 Jun '23 $144,500
- May '23 May '23 $130,000
- April '23 Apr '23 $87,500
- March '23 Mar '23 $92,750
Median Down Payment i
$9,000
(Feb 2024)
-25%
year-over-year
y-o-y
- February '24 Feb '24 $9,000
- January '24 Jan '24 $73,300
- December '23 Dec '23 $12,697
- November '23 Nov '23 $22,990
- October '23 Oct '23 $40,000
- September '23 Sep '23 $10,896
- August '23 Aug '23 $13,015
- July '23 Jul '23 $19,000
- June '23 Jun '23 $13,850
- May '23 May '23 $9,100
- April '23 Apr '23 $60,000
- March '23 Mar '23 $27,500
Number of Homes Sold i
11
(Feb 2024)
-31.2%
year-over-year
y-o-y
Number of Purchase Loans i
10
(Feb 2024)
-33.3%
year-over-year
y-o-y
Number of REFI Loans i
7
(Feb 2024)
+40%
year-over-year
y-o-y
Number of HELOC Loans i
2
(Feb 2024)
-71.4%
year-over-year
y-o-y
Salem, IL Foreclosure Activity
Total Foreclosure Filings i
Foreclosure Starts i
- February '24 Feb '24 N/A
- January '24 Jan '24 N/A
- December '23 Dec '23 2
- November '23 Nov '23 N/A
- October '23 Oct '23 N/A
- September '23 Sep '23 2
- August '23 Aug '23 N/A
- July '23 Jul '23 N/A
- June '23 Jun '23 N/A
- May '23 May '23 2
- April '23 Apr '23 N/A
- March '23 Mar '23 N/A
Completed Foreclosures (REOs) i
1
(Feb 2024)
- February '24 Feb '24 1
- January '24 Jan '24 N/A
- December '23 Dec '23 1
- November '23 Nov '23 N/A
- October '23 Oct '23 N/A
- September '23 Sep '23 N/A
- August '23 Aug '23 1
- July '23 Jul '23 N/A
- June '23 Jun '23 N/A
- May '23 May '23 N/A
- April '23 Apr '23 N/A
- March '23 Mar '23 N/A
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