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Multi-family Foreclosures in Salem, IN

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Salem, IN Foreclosures

How much do homes sell for in Salem, IN?
The average home price is currently $217,381.
What’s the average rental cost in Salem, IN?
The average rental price in Salem is $1,046.
What is the most expensive home in Salem?
The most expensive home sold in Salem had a price of $1,775,397.
What is currently the cheapest priced home in Salem, IN?
The cheapest home for sale in Salem is priced at $10,922.

Living in Salem, IN

Salem, IN is a welcoming small town that offers a mix of rich history and community spirit. With excellent schools, beautiful parks, and a network of transportation options, it provides both comfort and convenience. The local lifestyle emphasizes family and outdoor activities, making it an appealing choice for residents and real estate investors alike.

Current Market Conditions in Salem, IN

The real estate market in Salem, IN remains stable with a consistent demand for housing driven by the area's family-friendly environment and affordable living. Recent trends show a slow but steady appreciation in property values as more buyers discover the charm of small-town living in an accessible location.

Investors should note that the supply of homes for sale is relatively limited, contributing to continued interest from potential buyers. As Salem continues to grow and develop, the opportunities for investment in residential properties are promising.

Home Value Estimator For Salem, IN

There are currently 5,711 real estate properties in Salem, IN, with a median automated valuation model (AVM) price of $181,868.00. 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, IN, 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, IN, is $217,381.00, with the most expensive house in Salem, IN, topping out at $1,775,397.00 and the cheapest home in Salem, IN, clocking in at $10,922.00. In other words, there’s something for every potential homebuyer or savvy investor in Salem, IN!

Rent Prices In Salem, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Salem, IN, is on a rollercoaster ride. The average rent price in Salem, IN, is $1,046.00. Indeed, when looking to rent in Salem, IN, you can expect to pay as little as $560.00 or as much as $2,140.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Salem, IN -- 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.

Salem, IN Multi-family Homes


Market Trend for Salem, IN

Total Listings Available: 0

Market Values:

Home Prices from $10,922 to $1,775,397

Average Sales Price: $217,381

Rental Values:

Rental from $560 to $2,140

Average Rent Value: $1,046 / month

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