Salem, VA 24153 Real Estate & Property Data

Salem, VA 24153 Real Estate Market Trends
Last Updated: April 27, 2024

A total of 612 residential properties have been sold over the past 12 months in 24153. With a median sales price of $303,987 in 24153 and a total of 2 foreclosures in Salem, VA 24153. Discover market trends and get the granular level real estate data for Salem, VA 24153 to keep your pulse on the housing market. Curate compelling home reports for Salem, VA 24153 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Salem, VA 24153 Real Estate Market Trends
Total Residential Properties 13,478
Total Commercial Properties 989
Avg. Home Age (Single Family Home) 53 Years
Avg. Square Feet (Single Family Home) 1,680
Total 2024 Residential Sales (year-to-date) 93
% of Homes Seriously Underwater (Q2 2024) 0.73%
Total 2023 Residential Sales 550
% of Equity Rich Homes (Q2 2024) 22.5%
Effective 2023 Property Tax 0.87%
Total Foreclosure Filings (year-to-date) 5
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Salem, VA 24153 Real Estate Overview

There were 612 residential properties sold in the past year in Salem, VA 24153. The median home value in Salem, VA 24153 is $271,349. There are a total of 13,478 residential properties in the 24153.

Median Sales Price i
$303,987
(Feb 2024)
+44%
year-over-year
y-o-y
  • February '24 Feb '24 $303,987
  • January '24 Jan '24 $280,000
  • December '23 Dec '23 $245,000
  • November '23 Nov '23 $279,500
  • October '23 Oct '23 $285,000
  • September '23 Sep '23 $304,500
  • August '23 Aug '23 $247,475
  • July '23 Jul '23 $252,500
  • June '23 Jun '23 $242,500
  • May '23 May '23 $346,950
  • April '23 Apr '23 $252,500
  • March '23 Mar '23 $271,000
Median Down Payment i
$39,500
(Feb 2024)
+66.1%
year-over-year
y-o-y
  • February '24 Feb '24 $39,500
  • January '24 Jan '24 $47,500
  • December '23 Dec '23 $45,000
  • November '23 Nov '23 $56,000
  • October '23 Oct '23 $46,500
  • September '23 Sep '23 $49,950
  • August '23 Aug '23 $35,000
  • July '23 Jul '23 $20,500
  • June '23 Jun '23 $22,500
  • May '23 May '23 $51,000
  • April '23 Apr '23 $34,745
  • March '23 Mar '23 $44,270
Number of Homes Sold i
45
(Feb 2024)
+28.6%
year-over-year
y-o-y
  • February '24 Feb '24 45
  • January '24 Jan '24 48
  • December '23 Dec '23 41
  • November '23 Nov '23 37
  • October '23 Oct '23 48
  • September '23 Sep '23 47
  • August '23 Aug '23 50
  • July '23 Jul '23 41
  • June '23 Jun '23 69
  • May '23 May '23 58
  • April '23 Apr '23 50
  • March '23 Mar '23 43
Number of Purchase Loans i
34
(Feb 2024)
+21.4%
year-over-year
y-o-y
  • February '24 Feb '24 34
  • January '24 Jan '24 25
  • December '23 Dec '23 36
  • November '23 Nov '23 26
  • October '23 Oct '23 33
  • September '23 Sep '23 29
  • August '23 Aug '23 42
  • July '23 Jul '23 21
  • June '23 Jun '23 45
  • May '23 May '23 32
  • April '23 Apr '23 40
  • March '23 Mar '23 32
Number of REFI Loans i
17
(Feb 2024)
+54.5%
year-over-year
y-o-y
  • February '24 Feb '24 17
  • January '24 Jan '24 25
  • December '23 Dec '23 13
  • November '23 Nov '23 18
  • October '23 Oct '23 23
  • September '23 Sep '23 18
  • August '23 Aug '23 27
  • July '23 Jul '23 27
  • June '23 Jun '23 18
  • May '23 May '23 16
  • April '23 Apr '23 18
  • March '23 Mar '23 15
Number of HELOC Loans i
12
(Feb 2024)
-57.1%
year-over-year
y-o-y
  • February '24 Feb '24 12
  • January '24 Jan '24 17
  • December '23 Dec '23 21
  • November '23 Nov '23 21
  • October '23 Oct '23 26
  • September '23 Sep '23 24
  • August '23 Aug '23 28
  • July '23 Jul '23 12
  • June '23 Jun '23 21
  • May '23 May '23 18
  • April '23 Apr '23 19
  • March '23 Mar '23 15

Salem, VA 24153 Foreclosure Activity

There were a total of 2 Salem, VA 24153 properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 2 Salem, VA 24153 properties and repossessed 1 Salem, VA 24153 properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
2
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 3
  • December '23 Dec '23 3
  • November '23 Nov '23 2
  • October '23 Oct '23 1
  • September '23 Sep '23 5
  • August '23 Aug '23 3
  • July '23 Jul '23 2
  • June '23 Jun '23 4
  • May '23 May '23 2
  • April '23 Apr '23 2
  • March '23 Mar '23 5
Foreclosure Starts i
2
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 3
  • December '23 Dec '23 3
  • November '23 Nov '23 2
  • October '23 Oct '23 1
  • September '23 Sep '23 5
  • August '23 Aug '23 3
  • July '23 Jul '23 2
  • June '23 Jun '23 4
  • May '23 May '23 2
  • April '23 Apr '23 2
  • March '23 Mar '23 5
Completed Foreclosures (REOs) i
1
(Feb 2024)
year-over-year
y-o-y
  • 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 1
  • June '23 Jun '23 4
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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