$66,900
3 bd2 ba924 sqft
1602 Lynchburg Tpke #70
Salem City, VA Housing Market
$278,725
3.3% 1-yrThe average Salem City, VA home value is $278,725, up 3.3% 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 City Key Takeaways
Typical Home Values: $278,725
1-year Value Change: +3.3%
(Data through December 31, 2025)
Salem City Housing Market Overview
--1-year Market Forecast
70For sale inventory(December 31, 2025)
18New listings(December 31, 2025)
0.989Median sale to list ratio(November 30, 2025)
$287,150Median sale price(November 30, 2025)
$299,158Median list price(December 31, 2025)
15.9%Percent of sales over list price(November 30, 2025)
57.7%Percent of sales under list price(November 30, 2025)
--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.
Cities in Salem City
- NameMedian ZHVI
- Salem$295,379
- Roanoke$268,725
- Bent Mountain$327,472
- Cloverdale$292,984
- Catawba$337,845
- Daleville$422,272
- Elliston$232,151
- Troutville$328,886
- Boones Mill$314,326
Move forward with a local partner
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact on your credit score.
An equal housing lender. NMLS #10287.
Salem City Rental Market Trends
$1,494Average rent in Salem City(December 31, 2025)
$1,901National average rent(December 31, 2025)
-3.4%Month-over-month change(December 31, 2025)
-1.6%Year-over-year change(December 31, 2025)
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.
