Property prices for sale in Salem (Utah)

The prices in real estate in Salem, in the Utah region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$454,605.67
Average price last 6 months
$196.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Salem has increased during the last 6 months. In October, the average price per sq.feet was $176. In November this price pretty much remained the same at a value of $179 per sq.feet. In the following two months the price per sq.feet has increased 110 %, going from $177.5 to $194.5 per sq.feet. The price per sq.feet has had a considerable increase of 117 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $186 to $217.5 during February, and March.

Average price

Based upon to the price in Salem (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $435,065. In November This price remains at $433,506. In the following two months the average price has remained the same with regard to the previous two months from $434,285.5 to $429,484.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 116 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $512,700 they are 29 % more affordable than the average price for Salem. The properties with the lowest average price have 4 bedrooms, Their price is 20 % cheaper than the average. After that we have properties with 1 bedroom priced at $365,945.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $86 / sq.feet, with an average $224 / sq.feet price in Salem. The properties with the lowest average prices have 1 bedroom. They are 58 % cheaper than the average followed by properties with 4 bedrooms with a price at $86 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $512,700 it is 29 % cheaper than the average price in Salem. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $365,579 it is 20 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $86 / sq.feet followed by "Townhouse" priced at $92 / sq.feet. "Townhouse" is the cheapest type of property with a $92 / sq.feet value followed by "House" with an average price of $86 / sq.feet.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Salem
Number of properties used in region Utah
$512,700
$224
154
29,080
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value