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 $87,509, lower than the West Virginia average of $138,399.
The average cost of rent is $654/mo in Salem, primarily driven by the current value of real estate in the Salem area. While nearly 68.91% of residents own their homes outright in Salem, 17.17% rent.
Housing affordability isn’t just about home prices, though. The average household income in Salem is $3,836 per month. Households that rent pay about 17.04% of their income on rent here. Salem's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Industrial, WV: higher priced homes
- East Salem, WV: higher priced homes
- Lake Floyd, WV: higher priced homes
- Zinnia, WV: higher priced homes
- Flinderation, WV: higher priced homes
- Wolf Summit, WV: higher priced homes
- Sedalia, WV: higher priced homes
- New Milton, WV: higher priced homes
- Marshville, WV: higher priced homes
- Flint, WV: higher priced homes
Cities with Similar Populations
- Amboy, IL: higher priced homes
- Buffalo, SC: equally priced homes
- Covelo, CA: higher priced homes
- Flandreau, SD: higher priced homes
- Jonesville, SC: higher priced homes
- Whiteford, MD: higher priced homes
- Kinzers, PA: higher priced homes
- La Crosse, VA: higher priced homes
- Lisbon, ND: higher priced homes
- Manzanola, CO: higher priced homes
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