In May 2019, there were 20 homes sold, with a median sale price of $101,250 - a 20.2% increase over the $84,250 median sale price for the same period of the previous year. There were 14 homes sold in Salem in May 2018.
The median sales tax in Salem for the most recent year with available data, 2017, was $1,284, approximately 1.3% of the median home sale price for May 2019.
The following table compares Salem to other Marion County cities in May 2019:
| City | May 2019 Home Sales | May 2018 Home Sales | % change (Total Home Sales) | May 2019 Median Sales Price | May 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Salem | 20 | 14 | 42.9% | $101,250 | $84,250 | 20.2% |
| Iuka | 2 | 3 | -33.3% | $66,745 | $72,500 | -7.9% |
| Odin | 5 | 3 | 66.7% | $35,000 | $40,000 | -12.5% |
| Centralia | 15 | 23 | -34.8% | $35,000 | $27,500 | 27.3% |
| Junction City | 1 | 1 | 0% | $29,900 | $45,427 | -34.2% |
| Kell | 1 | 0 | - | $27,500 | $0 | - |
| Patoka | 2 | 3 | -33.3% | $9,000 | $40,000 | -77.5% |
| Central City | 1 | 2 | -50% | $5,500 | $168,500 | -96.7% |
| Sandoval | 1 | 1 | 0% | $2,500 | $15,000 | -83.3% |
| Vernon | 0 | 0 | - | $0 | $0 | - |
| Kinmundy | 0 | 0 | - | $0 | $0 | - |
| Alma | 0 | 1 | -100% | $0 | $10,000 | -100% |
| Wamac | 0 | 2 | -100% | $0 | $9,875 | -100% |
| Walnut Hill | 0 | 0 | - | $0 | $0 | - |
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