$274,500
3 bd2 ba1,424 sqft
1021 Lee Road 424
Salem, AL Housing Market
$320,680
3.9% 1-yrThe average Salem, AL home value is $320,680, up 3.9% over the past year.
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Salem Key Takeaways
Typical Home Values: $320,680
1-year Value Change: +3.9%
(Data through August 31, 2025)
Salem Housing Market Overview
--1-year Market Forecast
36For sale inventory(August 31, 2025)
8New listings(August 31, 2025)
--Median sale to list ratio
--Median sale price(July 31, 2025)
$400,300Median list price(August 31, 2025)
--Percent of sales over list price
--Percent of sales under list price
--Median days to pending
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Salem
- NameMedian ZHVI
- Ladonia$179,410
- Antioch--
- Rivercrest$580,733
- Brookstone$416,817
- East Highlands$97,556
- Wecoba/St. Elmo's$190,317
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Salem Rental Market Trends
--Average rent in Salem
$2,007National average rent(August 31, 2025)
--Month-over-month change
--Year-over-year change
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
