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 46 single family homes for sale with an average list price of $577,407, 2 condos for sale with an average list price of $329,500, and 17 lots for sale with an average list price of $151,835. The average annual property tax for Salem Lakes is $4,393.
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 LakesSalem Lakes home sales for the month of April stayed the same in volume when compared to last year, while the median sale price decreased by 35% from $436,250 to $283,750. House sales rose by 11.1%, while the median sale price decreased by 42.7% from $495,000 to $283,750.
207
|
201
|
166
|
141
|
2020 | 2021 | 2022 | 2023 |
# of sales per year |
$245,000
|
$267,500
|
$299,950
|
$337,000
|
2020 | 2021 | 2022 | 2023 |
median sale price per year |