Salem, AL Real Estate Market Summary – September 7, 2026

Over the past 30 days, the Salem, AL real estate market has seen a steady pace of closed transactions, with a total of six properties sold. The average size of homes sold reached just over 2,100 square feet, and homes spent a relatively brief period on the market before selling. Price levels remain solid, with most homes selling above $450,000 and a median year built of 2026, indicating new or recently constructed properties are prevalent in these sales.

Metric 30 Days
Number Sold 6
Sold Per Day 1 every 5.00 days
Average SQFT 2,148
Median Sales Price $457,050
Average Sales Price $451,517
Average Price Per SQFT $214
Average Days on Market 19
Average Year Built 2017

 

Salem, AL Single Family Home Analysis

All homes sold in the last 30 days in Salem, AL were single family properties. These homes averaged just over 2,100 square feet in size, and experienced a quick turnover with an average of 19 days on the market before sale. The sales pace averaged 1 every 5.00 days, and both average and median prices clustered around $450,000, reflecting a consistent pricing trend for these newer homes.

Metric 30 Days
Number Sold 6
Sold Per Day 1 every 5.00 days
Average SQFT 2,148
Median Sales Price $457,050
Average Sales Price $451,517
Average Price Per SQFT $214
Average Days on Market 19
Average Year Built 2017

 

Salem, AL Condo & Townhome Analysis

There is no market data available for that home type at this time.

 

Buyer & Seller Analysis

  • Sales activity in Salem, AL is steady, with one home selling about every five days.
  • Homes are spending an average of 19 days on the market before selling, indicating healthy demand.
  • Sold home prices have remained consistent, with both average and median sales prices just over $450,000.
  • All recent market activity has been among single family homes, with no condo or townhome sales reported.
  • The majority of properties sold are either new or recently built, as seen by the high median year built.

 

Conclusion

Salem, AL continues to show solid activity in its single family home segment with consistent pricing and quick sales. The complete lack of condo or townhome transactions means this sector’s trends remain to be seen. Prospective buyers and sellers can expect a stable and responsive market environment at this time.

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