The Unshakable Investor

Unshakable ZIP Data 24153 | Salem, VA Housing Market

Salem · Salem City · Roanoke, VA metro · Virginia · Data updated June 19, 2026

The median sale price in ZIP 24153, Salem, Virginia is $354,895 at $163 per square foot. 137 single-family homes sold in the latest period, up 17.0 percent from a year earlier. Homes sit a median of 16 days on market with 2.1 months of supply. Sellers are getting 99.5 percent of list price and 42.9 percent of homes sold above asking.

Seller's market. No room for sloppy offers.

Value anchors

MetricValueYear over year
Average single-family value$314,713
Average price per sq ft$145
Median sale price$354,895
Median sale price per sq ft$163
Median home size2,172 sq ft
Median new listing price$365,872+7.6%
National size rank2,204

Sales activity

MetricValueYear over year
Homes sold137+17.0%
Median days on market16 days
Months of supply2.1 months
New listings165-11.0%
Active listings270+9.9%
Pending sales153+5.6%

Pricing power

MetricValueYear over year
Average sale-to-list ratio99.5%+0.8 pts
Share sold above list42.9%+16.4 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

1-bedroom
$164,972
2-bedroom
$214,490
3-bedroom
$298,585
4-bedroom
$408,383
5-bedroom
$559,537

These figures describe the single-family market for Salem, Virginia ZIP 24153. They are market context, not a substitute for sold comps or a formal appraisal.