Salem, FL Foreclosures
Current Market Conditions in in Salem, FL As of February 2026?
Over the past month, Salem's real estate market has remained competitive, with a steady influx of new listings and a slight uptick in home sales. Buyers are actively seeking properties in the area, resulting in quicker sales times compared to the previous month. The average time on the market has decreased, indicating a growing recognition of Salem as a desirable location.
How much do homes sell for in Salem, FL?
The average home price is currently $139,770.
In Salem, FL, how many homes are available?
There are currently 5 active home listings available in Salem.
What’s the average rental cost in Salem, FL?
The average rental price in Salem is $1,000.
What is the most expensive home in Salem?
The most expensive home sold in Salem had a price of $296,342.
What is currently the cheapest priced home in Salem, FL?
The cheapest home for sale in Salem is priced at $17,693.
Living in Salem, FL
Salem, FL is a charming small community offering a peaceful lifestyle with beautiful natural surroundings. Residents enjoy local amenities, outdoor activities, and a friendly atmosphere that fosters community spirit. Nearby urban areas provide additional services and entertainment options for all ages.
Buyer vs Seller Market in Salem, FL
The real estate market in Salem, FL is currently showing signs of stability, with a consistent demand for homes due to the area's appeal and affordability. Housing prices have seen gradual appreciation over the last year, attracting both first-time buyers and investors.
There has been an increase in the number of new families moving to the area, contributing to a higher demand for single-family homes. This trend is expected to continue as more people discover the charm and affordability of Salem.
Home Value Estimator For Salem, FL
There are currently 26 real estate properties
in Salem, FL,
with a median automated valuation model (AVM) price
of $136,300.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Salem, FL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Salem, FL,
is $139,770.00, with the most expensive house
in Salem, FL, topping out
at $296,342.00 and the cheapest home
in Salem, FL,
clocking in at $17,693.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Salem, FL!
Rent Prices
In Salem, FL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Salem, FL, is on
a rollercoaster ride. The
average rent price in Salem, FL,
is $1,000.00. Indeed, when looking to rent in
Salem, FL, you can expect to pay as little
as $770.00 or as much
as $1,510.00,
with the average rent median estimated to
be $780.00. The good news is that finding
an affordable and desirable property to rent in Salem, FL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.