Salem, UT housing market
The typical Salem home is worth about $602,000, up 3% in a year, 13% above the Utah typical home. Homes typically sell in 57 days, close to asking.
Home values, sales, trends and how Salem compares with the towns next door — updated as new data is published.
Salem at a glance
A seller's market
Supply is tight — about 3.6 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Salem | Utah |
|---|---|---|
| 2017 | $308,000 | $274,000 |
| 2018 | $327,000 | $300,000 |
| 2019 | $357,000 | $327,000 |
| 2020 | $383,000 | $350,000 |
| 2021 | $438,000 | $401,000 |
| 2022 | $538,000 | $499,000 |
| 2023 | $556,000 | $514,000 |
| 2024 | $556,000 | $516,000 |
| 2025 | $582,000 | $528,000 |
| 2026 | $604,000 | $538,000 |
| August 2026 | $602,000 | $535,000 |
Salem and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Salem | $602K | +3% | 57 | $111,117 |
| Woodland Hills | $854K | +2.6% | — | $151,964 |
| Payson | $471K | +1.6% | 45 | $89,905 |
| Spanish Fork | $514K | +1.7% | 36 | $104,844 |
| Elk Ridge | $695K | +3.8% | 41 | $143,167 |
5.4 years of income
The typical Salem home costs about 5.4 years of the town's median household income, about the same as across Utah (5.6).
How Salem ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
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. Listings link to their publishers.