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
$174,000
2023
$244,800
Total change
+$70,800
% change
+40.7%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $174,000 | — |
| 2019 | $181,900 | +$7,900 (4.5%) |
| 2020 | $200,000 | +$18,100 (10%) |
| 2021 | $205,900 | +$5,900 (2.9%) |
| 2022 | $231,900 | +$26,000 (12.6%) |
| 2023 | $244,800 | +$12,900 (5.6%) |