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
$96,400
2023
$117,400
Total change
+$21,000
% change
+21.8%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $96,400 | — |
| 2019 | $96,900 | +$500 (0.5%) |
| 2020 | $92,000 | $4,900 (-5.1%) |
| 2021 | $98,300 | +$6,300 (6.8%) |
| 2022 | $113,700 | +$15,400 (15.7%) |
| 2023 | $117,400 | +$3,700 (3.3%) |