Salem VA Real Estate & Homes For Sale
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Although the Multiple Listing Service of The Roanoke Valley is the source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this web site may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited. All information is deemed reliable but not guaranteed, and should be independently verified.

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc. [Click here for more information](/mls-disclaimers/#5632)
Buying a Home in Salem VA: Frequently Asked Questions
How much do homes cost in Salem VA?
The Zillow Home Value Index for Salem, VA stands at $308,856 as of September 2026, and it reflects the value of all homes in the area, not only those currently on the market. Asking prices run a bit higher, with a median list price of $334,975 for homes for sale.
Are home values going up or down in Salem VA?
Home values in Salem, VA have increased 3.8% over the past year as of September 2026. That puts the Zillow Home Value Index at $308,856.
Is Salem VA a buyer's or seller's market?
Salem, VA is currently a seller's market, according to Zillow Market Temperature, which generally means homes sell faster and buyers face more competition. Half of listings go under contract within 12 days, which is the median. Meanwhile, 28.1% of current listings have had a price cut.
Do homes in Salem VA sell above or below their asking price?
Homes in Salem, VA sold at their final list price, with an average sale-to-list price ratio of 100.0%. Looking at recent sales, 25.6% sold above list price, while 41.9% sold below it.
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