Salem, SC housing market
The typical Salem home is worth about $563,000, up 3.1% in a year, 84% above the South Carolina typical home.
Home values, sales, trends and how Salem compares with the towns next door — updated as new data is published.
Salem at a glance
Typical home value, 2016–2026
Show as a table
| January | Salem | South Carolina |
|---|---|---|
| 2017 | $257,000 | $171,000 |
| 2018 | $266,000 | $180,000 |
| 2019 | $281,000 | $190,000 |
| 2020 | $301,000 | $201,000 |
| 2021 | $360,000 | $222,000 |
| 2022 | $449,000 | $260,000 |
| 2023 | $502,000 | $291,000 |
| 2024 | $531,000 | $301,000 |
| 2025 | $551,000 | $306,000 |
| 2026 | $549,000 | $305,000 |
| August 2026 | $563,000 | $306,000 |
A two-bedroom rents for about $1,130
HUD's Fair Market Rent for a two-bedroom in Salem is $1,130 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $900 · 4 bedrooms $1,620
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (29676; Oconee County, SC), 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.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. 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.