Housing · Salem

Salem, AR housing market

The typical Salem home is worth about $168,000, up 2.3% in a year, 26% below the Arkansas typical home. Homes typically sell in 62 days, close to asking.

Home values, sales, trends and how Salem compares with the towns next door — updated as new data is published.

The market right now

Salem at a glance

Typical home value
$168K
▲ 2.3% in a year · Zillow
Median sale price
$246K
May 2026 · Redfin
Days on market
62
Arkansas: 53 days
Sale-to-list
98.7%
Homes sell near asking
Homes sold
6
in May · 10 for sale
Market temperature

A strong seller's market

Buyer's marketBalancedSeller's market

Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.

Ten-year trend

Typical home value, 2016–2026

SalemArkansas
$75K$100K$125K$150K$175K$200K$225K$250K 20182020202220242026 Salem $168K Arkansas $227K
Show as a table
JanuarySalemArkansas
2017$92,000$140,000
2018$92,000$145,000
2019$99,000$149,000
2020$107,000$156,000
2021$125,000$172,000
2022$152,000$197,000
2023$152,000$206,000
2024$157,000$212,000
2025$166,000$220,000
2026$166,000$224,000
August 2026$168,000$227,000
Affordability

4.1 years of income

The typical Salem home costs about 4.1 years of the town's median household income, more than across Arkansas (3.7 years).

How Salem ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
56.7%
Arkansas: 66.4%
Median tax bill
$367
Arkansas: $1,040
Median rent
$676
Arkansas: $947
Typical home built
1975
Arkansas: 1987

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $880

HUD's Fair Market Rent for a two-bedroom in Salem is $880 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Salem pay a median of $676, so moving in tends to cost more than staying put. A two-bedroom takes about 26% of the town's median household income.

1 bedroom
$750
a month, with utilities
2 bedrooms
$880
a month, with utilities
3 bedrooms
$1,140
a month, with utilities
Share of income
26%
2 bedrooms ÷ median income

Studio $630 · 4 bedrooms $1,320

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (72576; Fulton County, AR), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

On the market

Recent listings in Salem

Listed in the past 60 days. Each opens on the listing site.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01