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market report · 24153
Salem, VA · 24153
40 active listings$300,000 median ask$2,290 est. rent0.8% price/rent
$300,000
Median list price
$2,290/mo
Estimated rent
0.8%
Price / rent ratio
40
Listings
FHFA home price index · 2016–2025
75.8% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.26
Median rent / sqft
39 comps
$174.33
Median sold / sqft
39 comps
—
Walkability
3.3%
Area unemployment
BLS LAUS
Median household income $74,260 · median home value $266,500 · ACS 2024.
Natural-hazard risk Relatively High (FEMA NRI score 87).
8 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
5583 Bradshaw Rd, Salem, VA 24153
Salem, VA
$220,000$2,462/mo1.1%
2122 Windsor Ave, Salem, VA 24153
Salem, VA
$159,950$1,620/mo1%
731 Eddies Rd, Salem, VA 24153
Salem, VA
$300,000$2,986/mo1%
4056 Bendemeer Rd, Salem, VA 24153
Salem, VA
$187,500$1,757/mo0.9%
2200 Irish Cir, Salem, VA 24153
Salem, VA
$225,000$2,104/mo0.9%
1612 Conehurst Blvd, Salem, VA 24153
Salem, VA
$165,000$1,540/mo0.9%