West Salem currently has 6 single family homes for sale with an average list price of $342,833 and 1 lot for sale with a list price of $1,300,000. The average annual property tax for West Salem is $3,611.
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 West Salem, i.e. what's hot and what's not.
See What's Hot & What's Not in West SalemWest Salem home sales for the month of March decreased in volume by 50% when compared to last year, while the median sale price rose by 14.9% from $235,000 to $270,000. House sales decreased by 75%, while the median sale price rose by 29.8% from $235,000 to $305,000. Condo sales stayed the same, while the median sale price stayed the same.
54
|
75
|
44
|
37
|
2020 | 2021 | 2022 | 2023 |
# of sales per year |
$222,950
|
$265,000
|
$273,100
|
$300,000
|
2020 | 2021 | 2022 | 2023 |
median sale price per year |