The story of this market
The typical home in Salem, West Virginia sells for about $77,800, or $140 per square foot.
Prices are up +10.7% from a year ago, so sellers still have some momentum. Homes take about 13 days to sell, which is fast.
Monthly price momentum
Home values since 2015
+8.9%
WV · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Salem, West Virginia
The Salem, West Virginia housing market is characterized by a low median home value of $77,800 and a modest median household income of $38,529. Market data for the city is limited, with many specific metrics such as rental rates and school performance not currently published in a consolidated format. The presence of Salem University remains a central economic and social anchor for the small, rural-classified city.
No ARED county foreclosure postings attributed to Salem yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Median prices moved up 10.7% year over year.
Homes spend a median of 13 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A private university located in Salem that serves as a primary anchor for the local community and economy.
Data sourced from Data USA and Census Bureau profiles for Salem, WV.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.