Why Live in Salem
Salem, nestled in the Blue Ridge Mountains, offers a suburban lifestyle with scenic mountain views and a population of around 25,000. The area is known for its residential feel, despite housing the county's courthouse complex and other government buildings. Outdoor enthusiasts can enjoy hiking, camping, and fishing in the nearby national forests, while Lake Springs Park and the Roanoke River Greenway provide local recreational options. Longwood Park, the largest in the city, hosts events like the Pickin’ in the Park festival, celebrating bluegrass music. Sports fans can catch a Salem Red Sox game at Salem Memorial Ballpark or visit the James E. Taliaferro Sports and Entertainment Complex, which includes the Salem Football Stadium and Salem Civic Center.
Salem City Schools are highly rated, and Roanoke College, a private liberal arts school, adds to the educational landscape. The college's Neoclassical and Greek Revival architecture is a local highlight. Housing options range from stately Victorians and Colonial Revivals near City Hall to newer constructions with large yards and cul-de-sacs. Main Street features antique stores, boutiques, and the year-round Salem Farmers Market, while larger shopping plazas like Spartan Square and Lakeside Plaza offer additional amenities. For medical needs, the Salem Veteran Affairs Medical Center and Carilion Roanoke Memorial Hospital are nearby. Commuters benefit from Interstate 81 and U.S. Route 11, with Valley Metro providing bus services to surrounding areas. The Roanoke-Blacksburg Regional Airport is about 9 miles away.
Home Trends in Salem, VA
On average, homes in Salem, VA sell after 41 days on the market compared to the national average of 50 days. The median sale price for homes in Salem, VA over the last 12 months is $307,500, up 6% from the median home sale price over the previous 12 months.
Median Sale Price
$307,500
Median Single Family Sale Price
$326,000
Median Townhouse Sale Price
$277,000
Average Price Per Sq Ft
$184
Number of Homes for Sale
112
Last 12 months Home Sales
378
Median List Price
$320,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
6%