IN area data
Salem, IN
Salem, IN.
Population: 15,375 (Census ACS)
Home values & appreciation
- Median home value
- $210,732
- 1-year appreciation
- +3.4%
- 3-year appreciation
- +14.0%
- 5-year appreciation
- +29.0%
- 10-year appreciation
- +95.1%
- All-time peak (2026-07)
- $210,732
- House Price Index
- 367.2 (+2.9% YoY)
Market activity
- Median sale price
- $200,000
- Median list price
- $215,000
- Median days on market
- 102.5 days
- Sale-to-list ratio
- 95.8%
- Active listings
- 50
- 1-year forecast
- +1.0%
- New listings (monthly)
- 19
Rents
- 2-bedroom fair-market rent (HUD reference)
- $1,156/mo
- 3BR fair-market rent
- $1,502/mo
Affordability
- Cost of living index (Below Average)
- 90.5 (100 = US avg)
- Electricity rate (state-level)
- 16.2¢/kWh
- Natural gas rate (state-level)
- $11.50/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 3
- Elementary schools
- 1
- Middle schools
- 1
- High schools
- 1
Natural hazards & flood risk
- Overall hazard risk
- Very Low
- Top hazards
- strongWind, tornado, winterWeather
- FEMA flood zone
- A05
- Flood risk level
- High
Climate (30-year normals)
- Annual precipitation
- 54.5 in
Walkability & transit
- Walkability index
- 6.7 / 20
- Transit service frequency
- -99,999
Amenities
- National parks within ~60 mi
- 1
- Nearest national park
- Lincoln Boyhood National Memorial (60 mi)
- Nearest airport
- Salem Municipal Airport (3 mi)
- Nearest major airport
- Bowman Field (LOU) (35 mi)
- Hospitals nearby (~15 mi)
- 1
- Solar radiation rating
- Fair (4.2 kWh/m²/day)
Migration
- Net migration
- +58 tax filers
Housing stock
- Median year housing built
- 1,975
- Median annual property tax
- $997
- Mean commute to work
- 25 min
- Households with broadband internet
- 62.8%
Employment & development
- Total county employment
- 4,833
- Average weekly wage
- $816
- Top industries (by employment)
- Accommodation & Food, Construction, Administrative Services
- Annual residential building permits (county)
- 23
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →