Unshakable ZIP Data 62881 | Salem, IL Housing Market
Salem · Marion County · Centralia, IL metro · Illinois · Data updated June 19, 2026
The median sale price in ZIP 62881, Salem, Illinois is $130,961 at $92 per square foot. 24 single-family homes sold in the latest period, down 34.2 percent from a year earlier. Homes sit a median of 76 days on market with 3.2 months of supply. Sellers are getting 95.9 percent of list price and 13.1 percent of homes sold above asking.
Buyer leverage market. Negotiate hard.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $147,287 | |
| Average price per sq ft | $104 | |
| Median sale price | $130,961 | |
| Median sale price per sq ft | $92 | |
| Median home size | 1,416 sq ft | |
| Median new listing price | $148,729 | -5.9% |
| National size rank | 9,529 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 24 | -34.2% |
| Median days on market | 76 days | |
| Months of supply | 3.2 months | |
| New listings | 32 | -27.8% |
| Active listings | 53 | -28.8% |
| Pending sales | 31 | -26.9% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 95.9% | -1.6 pts |
| Share sold above list | 13.1% | -6.4 pts |
These figures describe the single-family market for Salem, Illinois ZIP 62881. They are market context, not a substitute for sold comps or a formal appraisal.