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 $216,158, lower than the Pennsylvania average of $222,630.
The average cost of rent is $932/mo in Salem, primarily driven by the current value of real estate in the Salem area. While nearly 41.89% of residents own their homes outright in Salem, 11.59% rent.
Housing affordability isn’t just about home prices, though. The average household income in Salem is $6,451 per month. Households that rent pay about 14.44% of their income on rent here. Salem's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Doubling Gap, PA: less expensive homes
- McCrea, PA: less expensive homes
- Entlerville, PA: less expensive homes
- Couchtown, PA: less expensive homes
- Cisna Run, PA: equally priced homes
- Heberlig, PA: less expensive homes
- Newville, PA: less expensive homes
- Fort Robertson, PA: less expensive homes
- Blain, PA: less expensive homes
- Loysville, PA: equally priced homes
Cities with Similar Populations
- Solano, NM: less expensive homes
- Hortense, MO: less expensive homes
- Howells Crossroads, AL: equally priced homes
- Huelo, HI: higher priced homes
- Huff, ND: higher priced homes
- Sims, IN: less expensive homes
- Sitka, SD: less expensive homes
- Slifer, IA: less expensive homes
- Smale, AR: less expensive homes
- Smithland, PA: less expensive homes
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