Salem VA Commercial for Sale

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Salem Real Estate

The median home value in Salem, VA is $310,000. This is higher than the county median home value of $241,200. The national median home value is $338,100. The average price of homes sold in Salem, VA is $310,000. Approximately 58.82% of Salem homes are owned, compared to 31.12% rented, while 10.06% are vacant. Salem real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Salem real estate agent to arrange a tour today!

Salem, Virginia has a population of 25,335. Salem is less family-centric than the surrounding county with 25.61% of the households containing married families with children. The county average for households married with children is 25.61%.

The median household income in Salem, Virginia is $66,472. The median household income for the surrounding county is $66,472 compared to the national median of $69,021. The median age of people living in Salem is 40.8 years.

Salem Weather

The average high temperature in July is 86.5 degrees, with an average low temperature in January of 26.1 degrees. The average rainfall is approximately 41.6 inches per year, with 15.5 inches of snow per year.

Salem Real Estate Market Conditions

  • Median sales price

    $310,000
    15.8% change since last quarter
  • # Active listings

    110
    30-day change

Salem Schools and Demographics

Education near Salem, VA

Metric City County
High School Graduates 93.21 93.21
College Degree - 2 year 13.23 13.23
College Degree - 4 year 32.15 32.15
Graduate Degree 9.81 9.81
Expenditures per Student 13,163 13,163
Students per Teacher 14 14

Elementary Schools near Salem, VA

School Grades Students P/T Ratio ZIP
Back Creek Elementary School PK - 05 320 15.2 24018
Cave Spring Elementary School PK - 05 479 16.8 24018
East Salem Elementary School PK - 05 463 15.4 24153
Fairview Elementary School PK - 05 467 14.9 24017
Fishburn Park Elementary School PK - 05 293 14.3 24015
Fort Lewis Elementary School PK - 05 238 14.4 24153
G.W. Carver Elementary KG - 05 452 13.9 24153
Glenvar Elementary School PK - 05 361 14.7 24153
Grandin Court Elementary School KG - 05 345 16.6 24015
Green Valley Elementary School PK - 05 472 17.8 24018
Highland Park Elementary School PK - 05 361 16.4 24016
Hurt Park Elementary School PK - 05 380 14.1 24016
Mason's Cove Elementary School PK - 05 254 14.5 24153
Oak Grove Elementary School PK - 05 463 14.7 24018
Pennsylvania Forest Elementary PK - 05 479 16 24018
Roanoke Academy for Math & Science Elementary PK - 05 470 12.4 24017
South Salem Elementary School KG - 05 417 15.4 24153
Virginia Heights Elementary School PK - 05 363 15.9 24015
Wasena Elementary School KG - 05 256 14.2 24015
West Salem Elementary School PK - 05 423 17.1 24153
Westside Elementary School PK - 05 774 17.4 24017

Middle Schools near Salem, VA

School Grades Students P/T Ratio ZIP
Andrew Lewis Middle School 06 - 08 909 14.7 24153
Cave Spring Middle School 06 - 08 742 14.4 24018
Glenvar Middle School 06 - 08 430 13.1 24153
Hidden Valley Middle School 06 - 08 597 12 24018
James Madison Middle School 06 - 08 605 14.9 24015
Lucy Addison Aerospace Magnet Middle 06 - 08 595 16.8 24016
Woodrow Wilson Middle School 06 - 08 474 15.1 24015

High Schools near Salem, VA

School Grades Students P/T Ratio ZIP
Cave Spring High School 09 - 12 988 14 24018
Glenvar High School 09 - 12 549 11.7 24153
Hidden Valley High School 09 - 12 1,022 15.2 24018
Patrick Henry High School 09 - 12 1,926 16.4 24015
Salem High School 09 - 12 1,201 14.2 24153
William Fleming High School 09 - 12 1,560 16.2 24017

Ungraded Schools near Salem, VA

School Grades Students P/T Ratio ZIP
Burton Center for Arts and Tech. UG - UG 0 24153
Forest Park Academy UG - UG 0 24017
Gov. Stem Academy At the Burton Center UG - UG 0 24153
Roanoke Valley Gov. School UG - UG 0 24015

Demographics near Salem, VA

Metric City County
Neighborhood Type Suburban
Population 25,335 25,335
Population Density 1,745 1,745
Median Age 40.8 40.8
People per Household 2.3 2.3
Median Household Income 66,472 66,472
Average Income per Capita 36,244 36,244