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Salem, IL Real Estate & Property Data

Salem Real Estate Market Trends
Last Updated: August 30, 2025

Accurate and comprehensive real estate data is critical for insight into Salem, IL 62881. ATTOM’s Salem real estate data is updated daily, and current market trends show that in Salem, IL a total of 203 residential properties have sold over the past year. With a median home price of $169,000 in Salem and a total of 1 foreclosures. Get detailed property data for Salem, IL instantly. ATTOM is your one-stop-shop for the Salem property reports and real estate data you need in Salem, IL.

Salem Real Estate Market Trends
Get property data for any address in Salem, IL or the country:
Total Residential Properties 4,163
Total Commercial Properties 533
Avg. Home Age (Single Family Home) N/A
Avg. Square Feet (Single Family Home) N/A
Total 2025 Residential Sales (year-to-date) 90
% of Homes Seriously Underwater (Q3 2025) 3.5%
Total 2024 Residential Sales 184
% of Equity Rich Homes (Q3 2025) 19.79%
Effective 2024 Property Tax 1.58%
Total Foreclosure Filings (year-to-date) 5
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Salem, IL 62881 Real Estate Overview

There were 203 residential properties sold in the past year in Salem, IL 62881. The median home value in Salem, IL 62881 is $117,975. There are a total of 4,163 residential properties in the 62881.

Median Sales Price i
$169,000
(Jun 2025)
+36.8%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • June '25 Jun '25 $169,000
  • May '25 May '25 $144,000
  • April '25 Apr '25 $161,525
  • March '25 Mar '25 $117,000
  • February '25 Feb '25 $126,000
  • January '25 Jan '25 $63,750
  • December '24 Dec '24 $149,000
  • November '24 Nov '24 $83,000
  • October '24 Oct '24 $169,000
  • September '24 Sep '24 $130,000
  • August '24 Aug '24 $120,000
  • July '24 Jul '24 $146,500
Median Down Payment i
$52,000
(Jun 2025)
+92.6%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • June '25 Jun '25 $52,000
  • May '25 May '25 $5,600
  • April '25 Apr '25 $6,162
  • March '25 Mar '25 $13,000
  • February '25 Feb '25 $19,687
  • January '25 Jan '25 $16,000
  • December '24 Dec '24 $27,352
  • November '24 Nov '24 $12,298
  • October '24 Oct '24 $33,800
  • September '24 Sep '24 $9,550
  • August '24 Aug '24 $9,425
  • July '24 Jul '24 $14,225
Number of Homes Sold i
10
(Jun 2025)
-60%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • June '25 Jun '25 10
  • May '25 May '25 21
  • April '25 Apr '25 14
  • March '25 Mar '25 21
  • February '25 Feb '25 12
  • January '25 Jan '25 12
  • December '24 Dec '24 8
  • November '24 Nov '24 17
  • October '24 Oct '24 16
  • September '24 Sep '24 16
  • August '24 Aug '24 15
  • July '24 Jul '24 16
Number of Purchase Loans i
8
(Jun 2025)
-63.6%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • June '25 Jun '25 8
  • May '25 May '25 16
  • April '25 Apr '25 8
  • March '25 Mar '25 12
  • February '25 Feb '25 9
  • January '25 Jan '25 13
  • December '24 Dec '24 6
  • November '24 Nov '24 15
  • October '24 Oct '24 13
  • September '24 Sep '24 9
  • August '24 Aug '24 9
  • July '24 Jul '24 7
Number of REFI Loans i
8
(Jun 2025)
-55.6%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • June '25 Jun '25 8
  • May '25 May '25 6
  • April '25 Apr '25 7
  • March '25 Mar '25 7
  • February '25 Feb '25 7
  • January '25 Jan '25 11
  • December '24 Dec '24 10
  • November '24 Nov '24 8
  • October '24 Oct '24 16
  • September '24 Sep '24 9
  • August '24 Aug '24 8
  • July '24 Jul '24 10
Number of HELOC Loans i
4
(Jun 2025)
+33.3%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • June '25 Jun '25 4
  • May '25 May '25 3
  • April '25 Apr '25 5
  • March '25 Mar '25 1
  • February '25 Feb '25 5
  • January '25 Jan '25 2
  • December '24 Dec '24 3
  • November '24 Nov '24 3
  • October '24 Oct '24 4
  • September '24 Sep '24 5
  • August '24 Aug '24 10
  • July '24 Jul '24 5

Salem, IL 62881 Real Estate Market Overview

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Salem, IL 62881 Foreclosure Activity

There were a total of 1 Salem, IL 62881 properties with a foreclosure filing in June 2025.

Total Foreclosure Filings i
1
(Jun 2025)
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • June '25 Jun '25 1
  • May '25 May '25 1
  • April '25 Apr '25 2
  • March '25 Mar '25 N/A
  • February '25 Feb '25 1
  • January '25 Jan '25 N/A
  • December '24 Dec '24 1
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 2
  • July '24 Jul '24 3
Foreclosure Starts i
1
(Jun 2025)
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • June '25 Jun '25 1
  • May '25 May '25 N/A
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 1
  • July '24 Jul '24 N/A
Completed Foreclosures (REOs) i
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • June '25 Jun '25 N/A
  • May '25 May '25 N/A
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 1
  • January '25 Jan '25 N/A
  • December '24 Dec '24 1
  • November '24 Nov '24 N/A
  • October '24 Oct '24 2
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
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