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
$201,900
2023
$382,400
Total change
+$180,500
% change
+89.4%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $201,900 | — |
| 2019 | $242,800 | +$40,900 (20.3%) |
| 2020 | $266,200 | +$23,400 (9.6%) |
| 2021 | $289,500 | +$23,300 (8.8%) |
| 2022 | $349,500 | +$60,000 (20.7%) |
| 2023 | $382,400 | +$32,900 (9.4%) |