Salem city: Median Home Value Trend
How Salem city's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$71,600
2023
$88,200
Total change
+$16,600
% change
+23.2%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $71,600 | — |
| 2019 | $74,900 | +$3,300 (4.6%) |
| 2020 | $75,100 | +$200 (0.3%) |
| 2021 | $73,800 | $1,300 (-1.7%) |
| 2022 | $83,000 | +$9,200 (12.5%) |
| 2023 | $88,200 | +$5,200 (6.3%) |