From April to June, 41 homes sold in Salem for a median price of $76,000. That's 16.9 percent higher than median home sale prices for the second quarter of 2017.
In the second quarter, there were no foreclosures in Salem.
Median property tax for homeowners in Salem was $880.83 in 2017 according to tax data from that year. That means homeowners pay 1.4 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Salem real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
38
$43,290
-
2010
47
$73,986
70.9%
2011
37
$71,190
-3.8%
2012
49
$76,300
7.2%
2013
36
$80,028
4.9%
2014
47
$79,500
-0.7%
2015
51
$67,840
-14.7%
2016
34
$65,625
-3.3%
2017
38
$65,025
-0.9%
2018
41
$76,000
16.9%
Median property tax
Median sale price
Effective property tax rate
2009
$1,199.32
$43,290
2.8%
2010
$1,210.70
$73,986
1.6%
2011
$1,057.52
$71,190
1.5%
2012
$1,591.92
$76,300
2.1%
2013
$1,662.50
$80,028
2.1%
2014
$1,761.80
$79,500
2.2%
2015
$1,511.47
$67,840
2.2%
2016
$2,018.78
$65,625
3.1%
2017
$880.83
$65,025
1.4%