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Vermont Heights

SALEM, VA 24153

Real Estate Market Report  ·  Roanoke County
Seller's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The SALEM, VA real estate market (24153) currently shows 205 active listings, with 68 pending sales. Homes are averaging 52 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 52 days on market compared to 53 days last year.

The median listing price has fallen 4.4% year-over-year, from $383,950 to $367,238.

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Market Context

Market Context

Population: 38,386  ·  Density: 146.4/mi²  ·  Median household income: $73,136

Typical home value: $231,506  ·  Homeownership: 71.3%

Market Overview

Active Listings
205
⇩ 2.4% vs 210 last year
Pending
68
33% pending ratio
Median Price
$367,238
⇩ 4.4% vs $383,950 last year
Average Price
$383,546
⇩ 4.6% vs $401,854 last year
Days on Market
52
⇩ 1.9% vs 53 days last year

Price Per Square Foot

Median $/sqft
$191
⇩ 4% vs $199/sqft last year
Median Home Size
1,916 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 205 this year vs 210 last year
  • Days on market: 52 now vs 53 last year

Median & Average Pricing

Year over Year
  • Median: $367,238 (-4.4% YoY)
  • Average: $383,546 (-4.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.2 miles — 617 listings ($262,883,972 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24153Salem, VA 241530.0 mi161$67,567,836$404,288$419,676
24018Roanoke, VA 240187.1 mi155$70,889,250$409,950$457,350
24015Roanoke, VA 240158.0 mi51$17,549,151$303,825$344,101
24016Roanoke, VA 240169.0 mi35$7,970,760$238,713$227,736
24059Bent Mountain, VA 240599.8 mi7$5,165,601$419,825$737,943
24013Roanoke, VA 2401310.9 mi45$7,448,490$169,813$165,522
24014Roanoke, VA 2401412.3 mi64$31,187,968$347,250$487,312
24083Daleville, VA 2408313.1 mi17$11,080,634$685,213$651,802
24127New Castle, VA 2412713.3 mi10$3,674,450$334,181$367,445
24065Boones Mill, VA 2406514.9 mi15$8,185,530$649,950$545,702
24079Copper Hill, VA 2407916.9 mi7$5,036,850$604,950$719,550
24067Callaway, VA 2406718.1 mi8$3,201,816$424,813$400,227
24101Hardy, VA 2410119.2 mi42$23,925,636$460,725$569,658

Frequently Asked Questions

How many homes are for sale in SALEM, VA 24153?

As of September 2026, there are 205 active listings in SALEM, VA (zip code 24153), compared to 210 the prior year.

What is the median home price in SALEM, VA 24153?

The median listing price in SALEM, VA 24153 is $367,238 as of September 2026, a 4.4% decrease from $383,950 the prior year.

How long do homes stay on the market in SALEM, VA?

Homes in SALEM, VA 24153 spend an average of 52 days on the market before going under contract, compared to 53 days the prior year.

Is it a seller's or buyer's market in SALEM, VA 24153?

Based on current inventory and days-on-market data as of September 2026, SALEM, VA 24153 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 52 days on market compared to 53 days last year.

How much can I save on real estate commission in SALEM, VA?

With SELL123.com's maximum 3% commission, sellers in SALEM, VA 24153 save an estimated $7,345 compared to a typical 5% commission on the median listing price of $367,238. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.