Salem, WI 53179 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Salem, WI—53179

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$337,000

5.0% YoY Growth

Household Income

$93,300

31.4% YoY Growth

Days on Market

40.0% Shorter YoY

Home Price Forecast

1.7%

Median Rent

$2,500

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$2,500

N/A

Other Zip Codes in Salem, WI

53168 53170

Home Price Trends — Salem, WI

As of Dec '25, the median home price in Salem, WI is $337,000, with a year-over-year change of 5.0%. This indicates that home prices in Salem, WI are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$337,000	5.0%
Single Family	$338,000	5.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Salem, WI

Salem, WI lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$2,500	$2,500
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$2,500	$2,500
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

4.2%

2 Bedrooms

70.4%

3 Bedrooms

25.4%

Property Listings — Salem, WI

As of Dec '25, Realtor.com reports that the median days on market for a home in Salem, WI is 29. This is a decrease of -44.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$352,000	24.0%
Listing Count	13	-54.0%
Listings as % of Homes	0.3%	-54.0%
Days on Market	42	-40.0%

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Demographics — Salem, WI

As of the latest ACS Survey released in 2023, Salem, WI has a population of 6,720, which has decreased by -7.8% over the past 5 years. Salem, WI is a moderately popular place for families, as children make up 20.9% of the population. The area has a moderately educated workforce, with 25.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	6,720	-7.8%
% Under 18	20.9%	-17.1%
% Seniors	12.2%	45.2%
% WFH	9.8%	292.0%
% w/ College Degree	25.6%	7.6%

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As of the latest ACS Survey released in 2023, Salem, WI is a predominantly white area, with 82.3% of the population identifying as white. The white population has shrunk by 12.7% in the last 5 years. The second most common race or ethnicity in Salem, WI is hispanic, making up 12.0% of the population. Foreign-born residents account for 5.6% of the population in Salem, WI, and this percentage has increased by 460.0% 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	82.3%	-12.7%
% Black	1.0%	150.0%
% Hispanic	12.0%	242.9%
% Asian	0.0%	N/A
% Foreign Born	5.6%	460.0%

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Mortgage and Risk — Salem, WI

According to HUD data as of 2023, there were 234 mortgage originations in Salem, WI, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Salem, WI. Investor activity is low, as 1.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	234
% Conventional Loans	84.0%
% Government Loans	16.0%
% Investor Loans	1.0%
% Second Loans	3.0%
% Cash Out Refinance	19.0%

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Rentals and Section 8 — Salem, WI

Salem, WI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	1
Total Units Section 8	1
% Rentals under Section 8	0.5%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,070
2 Bedroom	N/A	N/A	$1,400
3 Bedroom	-$660	$2,500	$1,840
4 Bedroom	N/A	N/A	$2,070

Salem, WI—53179

Key Metrics at a Glance

Other Zip Codes in Salem, WI

Home Price Trends — Salem, WI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Salem, WI

% of Rental Stock

Property Listings — Salem, WI

Demographics — Salem, WI

Race and Ethnicity

Mortgage and Risk — Salem, WI

Mortgages

Rentals and Section 8 — Salem, WI

Section 8 Market Size

Section 8 Opportunity

Affordability — Salem, WI

Home Price to Income Ratio

Salem, WI — ZIP Code Boundary Map

Nearby ZIP Codes

Salem, WI

Wilmot

Antioch, IL

Salem, WI

Bristol, WI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3
Median Home Price	$337,000
Median Household Income	$93,300

Salem, WI—53179

Key Metrics at a Glance

Other Zip Codes in Salem, WI

Home Price Trends — Salem, WI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Salem, WI

% of Rental Stock

Property Listings — Salem, WI

Demographics — Salem, WI

Race and Ethnicity

Mortgage and Risk — Salem, WI

Mortgages

Rentals and Section 8 — Salem, WI

Section 8 Market Size

Section 8 Opportunity

Affordability — Salem, WI

Home Price to Income Ratio

Salem, WI — ZIP Code Boundary Map

Nearby ZIP Codes

Salem, WI

Wilmot

Antioch, IL

Salem, WI

Bristol, WI

Frequently Asked Questions

What is the average home price in Salem, WI 53179?

How have home prices in Salem, WI 53179 changed over the past year?

What is the home price projection for Salem, WI 53179?

What are the demographics of Salem, WI 53179?

How long does it take homes to sell in Salem, WI 53179?

What is the average rent price in Salem, WI 53179?