North Salem, IN—46165
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — North Salem, IN
As of Oct '25, the median home price in North Salem, IN is $339,000, with a year-over-year change of 1.1%. This indicates that home prices in North Salem, IN are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $339,000 | 1.1% |
| Single Family | $338,000 | 1.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $208,000 | 1.0% |
3 Bed | $334,000 | 0.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — North Salem, IN
North Salem, IN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $850 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $850 | $850 |
| 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 — North Salem, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in North Salem, IN is 55. This is a decrease of -65.0% 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 | $175,000 | -18.0% |
Listing Count | 2 | 25.0% |
| Listings as % of Homes | 0.6% | 25.0% |
Days on Market | 55 | -65.0% |
Demographics — North Salem, IN
As of the latest ACS Survey released in 2023, North Salem, IN has a population of 2,060, which has increased by 39.5% over the past 5 years. North Salem, IN is a moderately popular place for families, as children make up 22.5% 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 6.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,060 | 39.5% |
% Under 18 | 22.5% | 34.7% |
% Seniors | 14.8% | -30.5% |
% WFH | 6.5% | 18.2% |
% w/ College Degree | 25.6% | 31.3% |
As of the latest ACS Survey released in 2023, North Salem, IN is a predominantly white area, with 88.7% of the population identifying as white. The white population has shrunk by 10.9% in the last 5 years. The second most common race or ethnicity in North Salem, IN is asian, making up 2.4% of the population. Foreign-born residents account for 5.5% of the population in North Salem, IN, and this percentage has increased by 1000.0% 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 | 88.7% | -10.9% |
% Black | 0.0% | N/A |
% Hispanic | 1.2% | 140.0% |
% Asian | 2.4% | ∞% |
% Foreign Born | 5.5% | 1,000.0% |
Mortgage and Risk — North Salem, IN
North Salem, IN 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 — North Salem, IN
North Salem, IN 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 | $190 | $850 | $1,040 |
| 2 Bedroom | N/A | N/A | $1,230 |
| 3 Bedroom | N/A | N/A | $1,610 |
| 4 Bedroom | N/A | N/A | $1,950 |
Affordability — North Salem, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $339,000 |
| Median Household Income | $88,300 |