Salem, IA—52649
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Salem, IA
Salem, IA lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $202,000 | 3.9% |
| Single Family | $202,000 | 3.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $196,000 | 1.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Salem, IA
Salem, IA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Salem, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Salem, IA is 36. This is a decrease of -87.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $253,000 | 102.0% |
Listing Count | 2 | 0.0% |
| Listings as % of Homes | 0.3% | 0.0% |
Days on Market | 36 | -87.0% |
Demographics — Salem, IA
As of the latest ACS Survey released in 2023, Salem, IA has a population of 845, which has decreased by -1.5% over the past 5 years. Salem, IA is a popular place for families, as children make up 27.8% of the population. The area has a moderately educated workforce, with 32.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 845 | -1.5% |
% Under 18 | 27.8% | 31.1% |
% Seniors | 23.1% | 5.0% |
% WFH | 24.5% | 260.3% |
% w/ College Degree | 32.3% | 130.7% |
As of the latest ACS Survey released in 2023, Salem, IA is a predominantly white area, with 88.8% of the population identifying as white. The white population has shrunk by 7.2% in the last 5 years. The second most common race or ethnicity in Salem, IA is hispanic, making up 3.0% of the population. Foreign-born residents account for 0.7% of the population in Salem, IA, and this percentage has increased by 250.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.8% | -7.2% |
% Black | 0.5% | ∞% |
% Hispanic | 3.0% | 0.0% |
% Asian | 1.1% | 83.3% |
% Foreign Born | 0.7% | 250.0% |
Mortgage and Risk — Salem, IA
Salem, IA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Salem, IA
Salem, IA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $740 |
| 2 Bedroom | N/A | N/A | $970 |
| 3 Bedroom | N/A | N/A | $1,310 |
| 4 Bedroom | N/A | N/A | $1,480 |
Affordability — Salem, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $202,000 |
| Median Household Income | $80,500 |