How much does it cost to buy a house in Salem, IN?

In May 2026 Salem homes were listed to buy for a median price of $259K, The median value of a home listed to buy in Salem in May 2026 was $146 per sqft,

Is it affordable or expensive to live in Salem, IN?

It is affordable to live in Salem. Buying a home in Salem is 1% less expensive compared with the national average.

Is the Salem, IN housing market slowing down?

The housing market in Salem is slowing down. In May 2026, homes to buy in Salem spent an median 53 days on the market, a 30% decrease from May 2025 last year.

What are the best and safest places to live in Salem, IN?

The best and safest neighborhoods to live in Salem in May 2026 are Innisbrook, Cherokee Seneca, Cherokee Gardens, Highlands Douglass, Fox Harbor, Tyler Park, Brownsboro Zorn, Old Louisville, Hunting Creek, Cherokee Triangle, Crescent Hill, Deer Park, Butchertown, Clifton, Audubon, Schnitzelburg, Cloverleaf, Shelby Park, Portland, Park Duvalle

How much money should I make to buy a house in Salem, IN?

In May 2026, Salem homes were listed to buy for a median price of $259K, with 25% down you would need $1.44K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $49.6K.