The median home value in Salem, KY is $295,000. This is higher than the county median home value of $119,700. The national median home value is $338,100. The average price of homes sold in Salem, KY is $295,000. Approximately 62.66% of Salem homes are owned, compared to 19.81% rented, while 17.53% 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, Kentucky has a population of 681. Salem is less family-centric than the surrounding county with 23.72% of the households containing married families with children. The county average for households married with children is 28.5%.
The median household income in Salem, Kentucky is $38,409. The median household income for the surrounding county is $51,081 compared to the national median of $69,021. The median age of people living in Salem is 50.6 years.
The average high temperature in July is 88.5 degrees, with an average low temperature in January of 24.9 degrees. The average rainfall is approximately 49.7 inches per year, with 6.5 inches of snow per year.