Salem IL Multi Family for Sale

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Salem Real Estate

The median home value in Salem, IL is $88,900. This is lower than the county median home value of $92,070. The national median home value is $338,100. The average price of homes sold in Salem, IL is $88,900. Approximately 57.89% of Salem homes are owned, compared to 33.63% rented, while 8.48% 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, Illinois 62881 has a population of 7,269. Salem 62881 is less family-centric than the surrounding county with 25.94% of the households containing married families with children. The county average for households married with children is 26.8%.

The median household income in Salem, Illinois 62881 is $51,559. The median household income for the surrounding county is $53,209 compared to the national median of $69,021. The median age of people living in Salem 62881 is 36.8 years.

Salem Weather

The average high temperature in July is 87.5 degrees, with an average low temperature in January of 20.4 degrees. The average rainfall is approximately 43.6 inches per year, with 11.5 inches of snow per year.

Salem Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    58
    30-day change

Salem Schools and Demographics

Education near Salem, IL

Metric City County
High School Graduates 92.31 88.99
College Degree - 2 year 12.89 11.51
College Degree - 4 year 14.36 16.2
Graduate Degree 3.17 4.12
Expenditures per Student 14,346 14,346
Students per Teacher 12.8 12.8

Elementary Schools near Salem, IL

School Grades Students P/T Ratio ZIP
Hawthorn Elementary School KG - 03 454 15.4 62881
IUKA Comm Cons School PK - 08 217 14.5 62849
KELL Grade School PK - 08 117 10.9 62853
ODIN Attendance Center K-8 PK - 08 222 13.4 62870
Sandoval Elementary School PK - 06 293 15.7 62882
Selmaville Elementary School KG - 08 223 13.9 62881

Middle Schools near Salem, IL

School Grades Students P/T Ratio ZIP
Franklin Park Middle School 04 - 08 592 16.2 62881
Sandoval Junior High School 07 - 08 62 10.3 62882

High Schools near Salem, IL

School Grades Students P/T Ratio ZIP
ODIN Attendance Center 9-12 09 - 12 73 7.3 62870
Salem Community High School 09 - 12 729 16.7 62881
Sandoval Senior High School 09 - 12 146 12.7 62882

Demographics near Salem, IL 62881

Metric Zip Code City
Neighborhood Type Suburban
Population 7,269 37,781
Population Density 1,047 66
Median Age 36.8 42.1
People per Household 2.4 2.4
Median Household Income 51,559 53,209
Average Income per Capita 28,160 27,851