Salem, MI Homes For Sale Market Summary – September 8, 2026
Michigan does not publicly disclose home sale prices, so this summary reflects homes currently listed for sale rather than closed sales. In Salem, MI, the overall market currently has 78 active listings, with an average living area of about 1,964 square feet. Properties have been on the market for an average of approximately 106 days, with a median price of $282,400.
| Metric | Current |
|---|---|
| Active Listings | 78 |
| New Listings Per Day | 1 every 1.25 days |
| Average SQFT | 1964 |
| Median List Price | $282,400 |
| Average List Price | $434,986 |
| Average List Price Per SQFT | $266 |
| Average Days on Market | 106 |
| Average Year Built | 1978 |
Salem, MI Single Family Home Analysis
The single-family market in Salem consists of 76 active listings, featuring an average living area of 1,978 square feet. Homes have an average price of $427,000 and have been listed for around 105 days.
| Metric | Current |
|---|---|
| Active Listings | 76 |
| New Listings Per Day | 1 every 1.25 days |
| Average SQFT | 1978 |
| Median List Price | $282,400 |
| Average List Price | $427,026 |
| Average List Price Per SQFT | $257 |
| Average Days on Market | 105 |
| Average Year Built | 1977 |
Salem, MI Condo & Townhome Analysis
There is 1 active listing available for condos and townhomes in Salem, with an average living area of 1,746 square feet and an asking price of $274,900. These properties have an average days on market of 113.
| Metric | Current |
|---|---|
| Active Listings | 1 |
| New Listings Per Day | not provided |
| Average SQFT | 1746 |
| Median List Price | $274,900 |
| Average List Price | $274,900 |
| Average List Price Per SQFT | $157 |
| Average Days on Market | 113 |
| Average Year Built | 2018 |
Buyer & Seller Analysis
- 1 listing appears every 1.25 days
- Average days on market is 106
- Median listing price is $282,400
- The state does not disclose sale prices.
- List prices shown are asking prices, not sale prices.
Conclusion
Overall, the Salem market shows a mix of property offerings with varied days on market. Prospective buyers should consider these factors when making their decisions.