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
$89,800
2023
$69,300
Total change
$20,500
% change
-22.8%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $89,800 | — |
| 2019 | $82,500 | $7,300 (-8.1%) |
| 2020 | $58,900 | $23,600 (-28.6%) |
| 2021 | $59,100 | +$200 (0.3%) |
| 2022 | $65,100 | +$6,000 (10.2%) |
| 2023 | $69,300 | +$4,200 (6.5%) |