Salem, IL 62881 Real Estate & Property Data
Last Updated: March 30, 2023
A total of 198 residential properties have been sold over the past 12 months in 62881. With a median sales price of $94,000 in 62881. Discover market trends and get the granular level real estate data for Salem, IL 62881 to keep your pulse on the housing market. Curate compelling home reports for Salem, IL 62881 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.
Total Residential Properties 4,197
Total Commercial Properties 497
Avg. Home Age (Single Family Home) N/A
Avg. Square Feet (Single Family Home) N/A
Total 2023 Residential Sales (year-to-date) 26
% of Homes Seriously Underwater (Q1 2023) 3.95%
Total 2022 Residential Sales 188
% of Equity Rich Homes (Q1 2023) 13.98%
Effective 2022 Property Tax 1.58%
Total Foreclosure Filings (year-to-date) N/A
Salem, IL 62881 Real Estate Overview
There were 198 residential properties sold in the past year in Salem, IL 62881. The median home value in Salem, IL 62881 is $103,361. There are a total of 4,197 residential properties in the Salem, IL 62881.
Median Sales Price i
$94,000
(Feb 2023)
-1.6%
year-over-year
y-o-y
- February '23 Feb '23 $94,000
- January '23 Jan '23 $137,000
- December '22 Dec '22 $124,500
- November '22 Nov '22 $107,500
- October '22 Oct '22 $104,250
- September '22 Sep '22 $123,250
- August '22 Aug '22 $87,500
- July '22 Jul '22 $110,000
- June '22 Jun '22 $146,250
- May '22 May '22 $103,500
- April '22 Apr '22 $135,000
- March '22 Mar '22 $118,000
Median Down Payment i
$12,000
(Feb 2023)
+99.3%
year-over-year
y-o-y
- February '23 Feb '23 $12,000
- January '23 Jan '23 N/A
- December '22 Dec '22 $8,050
- November '22 Nov '22 $45,000
- October '22 Oct '22 $12,529
- September '22 Sep '22 $19,575
- August '22 Aug '22 $11,000
- July '22 Jul '22 $18,250
- June '22 Jun '22 $8,322
- May '22 May '22 $7,204
- April '22 Apr '22 $5,000
- March '22 Mar '22 $12,550
Number of Homes Sold i
16
(Feb 2023)
+77.8%
year-over-year
y-o-y
Number of Purchase Loans i
16
(Feb 2023)
+77.8%
year-over-year
y-o-y
Number of REFI Loans i
5
(Feb 2023)
+25%
year-over-year
y-o-y
Number of HELOC Loans i
7
(Feb 2023)
- February '23 Feb '23 7
- January '23 Jan '23 10
- December '22 Dec '22 10
- November '22 Nov '22 7
- October '22 Oct '22 7
- September '22 Sep '22 N/A
- August '22 Aug '22 N/A
- July '22 Jul '22 N/A
- June '22 Jun '22 N/A
- May '22 May '22 N/A
- April '22 Apr '22 N/A
- March '22 Mar '22 N/A
Salem, IL 62881 Real Estate Market Overview
Last 30 days- Street
- Street
- Street
Salem, IL 62881 Foreclosure Activity
Total Foreclosure Filings i
- February '23 Feb '23 N/A
- January '23 Jan '23 N/A
- December '22 Dec '22 2
- November '22 Nov '22 N/A
- October '22 Oct '22 N/A
- September '22 Sep '22 N/A
- August '22 Aug '22 1
- July '22 Jul '22 1
- June '22 Jun '22 N/A
- May '22 May '22 N/A
- April '22 Apr '22 1
- March '22 Mar '22 N/A
Foreclosure Starts i
- February '23 Feb '23 N/A
- January '23 Jan '23 N/A
- December '22 Dec '22 N/A
- November '22 Nov '22 N/A
- October '22 Oct '22 N/A
- September '22 Sep '22 N/A
- August '22 Aug '22 N/A
- July '22 Jul '22 1
- June '22 Jun '22 N/A
- May '22 May '22 N/A
- April '22 Apr '22 N/A
- March '22 Mar '22 N/A
Completed Foreclosures (REOs) i
- February '23 Feb '23 N/A
- January '23 Jan '23 1
- December '22 Dec '22 N/A
- November '22 Nov '22 N/A
- October '22 Oct '22 N/A
- September '22 Sep '22 N/A
- August '22 Aug '22 N/A
- July '22 Jul '22 N/A
- June '22 Jun '22 N/A
- May '22 May '22 N/A
- April '22 Apr '22 1
- March '22 Mar '22 N/A
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