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
$59,900
2023
$77,200
Total change
+$17,300
% change
+28.9%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $59,900 | — |
| 2019 | $67,600 | +$7,700 (12.9%) |
| 2020 | $56,400 | $11,200 (-16.6%) |
| 2021 | $61,800 | +$5,400 (9.6%) |
| 2022 | $67,400 | +$5,600 (9.1%) |
| 2023 | $77,200 | +$9,800 (14.5%) |