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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
$99,800
Total change
+$28,200
% change
+39.4%
Year Median Home Value Change
2017 $71,600
2019 $78,500 +$6,900 (9.6%)
2020 $78,900 +$400 (0.5%)
2021 $80,800 +$1,900 (2.4%)
2022 $95,300 +$14,500 (17.9%)
2023 $99,800 +$4,500 (4.7%)

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