Salem Lakes, WI, Real Estate
Salem Lakes is a village located within Kenosha County, Wisconsin that was created by the municipal merger on February 14, 2017. According to the 2018 census Salem Lakes has an estimated population of 14,809.
Salem Lakes currently has 35 single family homes for sale with an average list price of $556,011, 1 condo for sale with a list price of $349,900, and 17 lots for sale with an average list price of $108,947. The average annual property tax for Salem Lakes is $4,362.
What's Hot & What Not
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Salem Lakes, i.e. what's hot and what's not.
See What's Hot & What's Not in Salem Lakes
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Salem Lakes, i.e. what's hot and what's not.
Market Trends
Salem Lakes home sales for the month of August decreased in volume by 17.6% when compared to last year, while the median sale price decreased by 3% from $317,000 to $307,500. House sales decreased by 25%, while the median sale price decreased by 11.8% from $348,450 to $307,500. Condo sales stayed the same, while the median sale price decreased by 9.1% from $174,900 to $159,000. Townhouse sales stayed the same, while the median sale price stayed the same.
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89
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202
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193
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162
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| 2019 | 2020 | 2021 | 2022 |
| # of sales per year | |||
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$210,000
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$245,000
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$265,000
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$300,000
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| 2019 | 2020 | 2021 | 2022 |
| median sale price per year | |||
Median Sale Price for Salem Lakes
Number of Sales for Salem Lakes
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