In January 2020, there were 15 homes sold, with a median sale price of $74,000 - a 41.6% increase over the $52,250 median sale price for the same period of the previous year. There were nine homes sold in Salem in January 2019.
The median sales tax in Salem for the most recent year with available data, 2018, was $1,352, approximately 1.8% of the median home sale price for January 2020.
The following table compares Salem to other Marion County cities in January 2020:
| City | Jan. 2020 Home Sales | Jan. 2019 Home Sales | % change (Total Home Sales) | Jan. 2020 Median Sales Price | Jan. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Iuka | 1 | 1 | 0% | $150,000 | $45,000 | 233.3% |
| Centralia | 5 | 8 | -37.5% | $121,000 | $99,950 | 21.1% |
| Kell | 2 | 1 | 100% | $82,350 | $192,000 | -57.1% |
| Salem | 15 | 9 | 66.7% | $74,000 | $52,250 | 41.6% |
| Central City | 1 | 0 | - | $62,500 | $0 | - |
| Wamac | 1 | 1 | 0% | $20,611 | $7,500 | 174.8% |
| Vernon | 0 | 0 | - | $0 | $0 | - |
| Kinmundy | 0 | 0 | - | $0 | $0 | - |
| Patoka | 0 | 0 | - | $0 | $0 | - |
| Odin | 0 | 2 | -100% | $0 | $36,000 | -100% |
| Alma | 0 | 0 | - | $0 | $0 | - |
| Sandoval | 0 | 2 | -100% | $0 | $71,500 | -100% |
| Walnut Hill | 0 | 0 | - | $0 | $0 | - |
| Junction City | 0 | 0 | - | $0 | $0 | - |
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