Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Salem area can be challenging. Home prices in Salem are now at a median cost of $124,791, lower than the Mississippi average of $145,564.
The average cost of rent is $609/mo in Salem, primarily driven by the current value of real estate in the Salem area. While nearly 61.06% of residents own their homes outright in Salem, 7.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in Salem is $5,702 per month. Households that rent pay about 10.67% of their income on rent here. Salem's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Mesa, MS: less expensive homes
- Enon, MS: less expensive homes
- Sartinsville, MS: less expensive homes
- Tylertown, MS: equally priced homes
- Kokomo, MS: less expensive homes
- Knoxo, MS: less expensive homes
- Jayess, MS: less expensive homes
- Holmesville, MS: less expensive homes
- Barto, MS: less expensive homes
- White Bluff, MS: higher priced homes
Cities with Similar Populations
- Clarksburg, TN: less expensive homes
- Stony Creek, NY: higher priced homes
- Deer Lake, PA: higher priced homes
- Daws, NY: higher priced homes
- Davis, MS: higher priced homes
- Danbury, IA: less expensive homes
- Daisy, GA: equally priced homes
- Cunningham, KS: less expensive homes
- Coteau Holmes, LA: less expensive homes
- Cory, CO: higher priced homes
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