In May 2018, there were 14 homes sold, with a median sale price of $84,250 - a 106.7% increase over the $40,750 median sale price for the same period of the previous year. There were 10 homes sold in Salem in May 2017.
The median sales tax in Salem for the most recent year with available data, 2017, was $1,284, approximately 1.5% of the median home sale price for May 2018.
The following table compares Salem to other Marion County cities in May 2018:
| City | May 2018 Home Sales | May 2017 Home Sales | % change (Total Home Sales) | May 2018 Median Sales Price | May 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Central City | 2 | 0 | - | $168,500 | $0 | - |
| Salem | 14 | 10 | 40% | $84,250 | $40,750 | 106.7% |
| Iuka | 3 | 3 | 0% | $72,500 | $122,000 | -40.6% |
| Junction City | 1 | 1 | 0% | $45,427 | $10,000 | 354.3% |
| Patoka | 3 | 3 | 0% | $40,000 | $14,000 | 185.7% |
| Odin | 3 | 2 | 50% | $40,000 | $27,250 | 46.8% |
| Centralia | 23 | 23 | 0% | $27,500 | $45,000 | -38.9% |
| Sandoval | 1 | 1 | 0% | $15,000 | $20,000 | -25% |
| Alma | 1 | 2 | -50% | $10,000 | $32,500 | -69.2% |
| Wamac | 2 | 0 | - | $9,875 | $0 | - |
| Vernon | 0 | 0 | - | $0 | $0 | - |
| Kinmundy | 0 | 5 | -100% | $0 | $70,000 | -100% |
| Walnut Hill | 0 | 0 | - | $0 | $0 | - |
| Kell | 0 | 1 | -100% | $0 | $190,000 | -100% |
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