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New Construction Communities in Salem, VA

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  • 7027 Fairway Ridge, Roanoke, VA 24153
    7027 Fairway Ridge, Roanoke, VA 24153
    7027 Fairway Ridge, Roanoke, VA 24153
    /18

    The Ridge at Fairway Forest Community

    $539,990+

    Roanoke, VA 24153

    • 4 Beds
    • 2,464 Sq Ft

    The Ridge at Fairway Forest in Hidden Valley School District: Roanoke's most popular new construction community with 45 homes sold since we opened our doors May 2025. Hurry in, only 1 homesite remains! Luxury Single-Family Homes with: • 4-7 bedrooms, 2.5-5.5 baths • Finished basements with bedroom & full bath available on limited homesites • 2-car garages & full front porches • Open-concept

    Ryan Homes Builder
    The Ridge at Fairway Forest
New Homes Virginia Salem

New Homes & Communities in Salem

Home Trends in Salem, VA

On average, homes in Salem, VA sell after 42 days on the market compared to the national average of 55 days. The median sale price for homes in Salem, VA over the last 12 months is $290,000, up 6% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$290,000
Median Single Family Sale Price
$299,950
Median Townhouse Sale Price
$295,000
Average Price Per Sq Ft
$183
Number of Homes for Sale
47
Last 12 months Home Sales
297
Months of Supply
1.90
Median List Price
$299,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
6%

Popular Homebuilders in Salem, VA

There are 1 homebuilders developing in new home communities in Salem, VA.

Builder Communities Average List Price
Ryan Homes 1 $539,990
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