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IN area data

Salem, IN

Salem, IN.

Population: 15,375 (Census ACS)

The median home value in Salem, IN is $210,732 — up 3.4% over the past year. Homes sell for a median $200,000 after a median 102.5 days on market. 3 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with strongwind, tornado, winterweather the top-rated hazards. Cost of living is 9.5% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$210,732

Median home value

+3.4%

1-year change

102.5

Median days on market

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$210,732
1-year appreciation
+3.4%
3-year appreciation
+14.0%
5-year appreciation
+29.0%
10-year appreciation
+95.1%
All-time peak (2026-07)
$210,732
House Price Index (state)
367.2 (+2.9% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$200,000
Median list price
$215,000
Median price per sqft
$132
1-year sale-price change
0.0%
Median days on market
102.5 days
Homes sold (recent period)
35
For-sale inventory
71
Sale-to-list ratio
95.8%
Active listings
50
1-year forecast
+1.0%
New listings (monthly)
19

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$750/mo
1BR fair-market rent
$937/mo
2BR fair-market rent
$1,156/mo
3BR fair-market rent
$1,502/mo
4BR fair-market rent
$1,734/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
16.2¢/kWh
Natural gas rate (state-level)
$11.50/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
3
Elementary schools
1
Middle schools
1
High schools
1
Schools include
Bradie Shrum Elementary, Salem High School, Salem Middle School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
strongWind, tornado, winterWeather
Notable hazard ratings (county)
coldWave: Relatively Low · drought: Relatively Low · earthquake: Relatively Low · heatWave: Relatively Low · iceStorm: Relatively Low · inlandFlooding: Relatively Low
FEMA flood zone
A05
Flood risk level
High
Wildfire risk to homes (county)
Higher than 11% of US counties
Buildings in wildfire direct-exposure zone
80.2%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Seymour Recycling Corp. (24.3 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
54.5 in
USDA plant hardiness zone
6b (extreme annual low -5 to 0°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
6.7 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
5,400
Jobs reachable by transit (45 min)
6,626

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
1
Nearest national park
Lincoln Boyhood National Memorial (60 mi)
Airports within 30 mi
23
Nearest airport
Salem Municipal Airport (3 mi)
Nearest major airport
Bowman Field (LOU) (35 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
ASCENSION ST VINCENT SALEM
Solar radiation rating
Fair (4.2 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+58 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,975
Housing built before 1970
42.7%
Housing built 2000 or later
18.0%
Median annual property tax
$997
Mean commute to work
25 min
Households with broadband internet
62.8%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
4,833
Average weekly wage
$816
Top industries (by employment)
Accommodation & Food, Construction, Administrative Services
Annual residential building permits (county)
23

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

SalemState medianUS median
Median home value$210,732$237,170$289,727
Median sale price$200,000$238,000$325,000
Median days on market103 days38 days51 days
Median annual property tax$997$1,179$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Salem, IN?
$210,732.
What is the median sale price in Salem, IN?
$200,000.
How long do homes take to sell in Salem, IN?
Median days on market: 102.5 days.
What is typical rent in Salem, IN?
2-bedroom fair-market rent: $1,156/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Salem, IN?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: strongWind, tornado, winterWeather.
Is Salem, IN in a flood zone?
High (FEMA NFIP). FEMA flood zone A05.
What is the wildfire risk in Salem, IN?
Risk to homes is higher than 11% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Salem, IN?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Salem, IN?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Salem, IN?
3 schools (1 elementary, 1 middle, 1 high) (NCES, 2022-23).
Is Salem, IN walkable?
Walkability index: 6.7/20 (EPA Smart Location Database).
What is the cost of living in Salem, IN?
Regional Price Parity: 90.5 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

ZIP code for Salem

Selling a home in Salem, IN?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents