Salem IA Multi Family for Sale

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Salem Real Estate

The median home value in Salem, IA is $110,450. This is lower than the county median home value of $159,800. The national median home value is $338,100. The average price of homes sold in Salem, IA is $110,450. Approximately 75.78% of Salem homes are owned, compared to 19.26% rented, while 4.97% 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, Iowa has a population of 423. Salem is less family-centric than the surrounding county with 18.69% of the households containing married families with children. The county average for households married with children is 30.29%.

The median household income in Salem, Iowa is $45,750. The median household income for the surrounding county is $58,767 compared to the national median of $69,021. The median age of people living in Salem is 44.7 years.

Salem Weather

The average high temperature in July is 86.8 degrees, with an average low temperature in January of 15.2 degrees. The average rainfall is approximately 38.8 inches per year, with 25.2 inches of snow per year.

Salem Real Estate Market Conditions

  • Median sales price

    $110,450
    15.1% change since last quarter
  • # Active listings

    0
    30-day change

Salem Schools and Demographics

Education near Salem, IA

Metric City County
High School Graduates 91.36 91.91
College Degree - 2 year 10.96 10.78
College Degree - 4 year 6.64 21.67
Graduate Degree 0.66 5.54
Expenditures per Student 12,844 12,844
Students per Teacher 12.6 12.6

Elementary Schools near Salem, IA

School Grades Students P/T Ratio ZIP
Central Lee Elementary School PK - 05 509 15.5 52625
Clark Elementary School PK - 05 254 13.9 52645
Harlan Elementary School KG - 05 220 11.7 52641
Harmony Elementary School PK - 05 171 12.8 52620
Lincoln Elementary School KG - 05 270 16.9 52641
Salem Elementary School KG - 05 94 10.4 52649
Van Allen Elementary School PK - 05 290 11.6 52641

Middle Schools near Salem, IA

School Grades Students P/T Ratio ZIP
Central Lee Middle School 06 - 08 232 16.6 52625
Mount Pleasant Middle School 06 - 08 479 12.6 52641

High Schools near Salem, IA

School Grades Students P/T Ratio ZIP
Central Lee High School 09 - 12 337 14.6 52625
Mount Pleasant High School 09 - 12 641 14.4 52641
New London Junior-Senior High School 06 - 12 275 11 52645

Ungraded Schools near Salem, IA

School Grades Students P/T Ratio ZIP
* Wisdomquest Education Center 09 - 12 28 12.4 52641

Demographics near Salem, IA

Metric City County
Neighborhood Type Small Town
Population 423 20,488
Population Density 692 47
Median Age 44.7 40.6
People per Household 2.8 2.5
Median Household Income 45,750 58,767
Average Income per Capita 19,658 27,679