VA area data
Salem, VA
Salem, VA.
Population: 38,914 (Census ACS)
Home values & appreciation
- Median home value
- $312,358
- 1-year appreciation
- +4.2%
- 3-year appreciation
- +12.1%
- 5-year appreciation
- +31.8%
- 10-year appreciation
- +80.1%
- All-time peak (2026-07)
- $312,358
- House Price Index
- 423.6 (+3.3% YoY)
Market activity
- Median sale price
- $209,000
- Median list price
- $295,000
- Median days on market
- 9 days
- Sale-to-list ratio
- 98.4%
- Active listings
- 10
- 1-year forecast
- +2.1%
- Days to pending
- 48 days
- New listings (monthly)
- 48
Rents
- Typical rent
- $1,609/mo
- 1-year rent change
- +1.2%
- 1BR fair-market rent
- $1,143/mo
- 3BR fair-market rent
- $1,735/mo
Affordability
- Cost of living index (Above Average)
- 103.5 (100 = US avg)
- Electricity rate (state-level)
- 15.3¢/kWh
- Natural gas rate (state-level)
- $16.80/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 13
- Elementary schools
- 7
- Middle schools
- 2
- High schools
- 2
Natural hazards & flood risk
- Overall hazard risk
- Very Low
- FEMA flood zone
- AE
- Flood risk level
- High
Climate (30-year normals)
- Annual precipitation
- 43.2 in
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 36
- Days with Good air quality
- 87
Walkability & transit
- Walkability index
- 12.8 / 20
- Transit service frequency
- 727
Amenities
- National parks within ~60 mi
- 2
- Nearest national park
- Booker T Washington National Monument (25 mi)
- Nearest airport
- Summit Airport (3 mi)
- Nearest major airport
- Roanoke–Blacksburg Regional Airport (ROA) (8 mi)
- Hospitals nearby (~15 mi)
- 2
- Avg hospital rating
- 3.5 / 5
- Solar radiation rating
- Fair (4.2 kWh/m²/day)
Migration
- Net migration
- +123 tax filers
Housing stock
- Median year housing built
- 1,973
- Median annual property tax
- $2,346
- Mean commute to work
- 18 min
- Households with broadband internet
- 76.2%
Employment & development
- Total county employment
- 16,398
- Average weekly wage
- $1,091
- Top industries (by employment)
- Wholesale Trade, Accommodation & Food, Administrative Services
- Annual residential building permits (county)
- 20
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 →