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SALEM, AL 36874

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The SALEM, AL real estate market (36874) currently shows 86 active listings, with 29 pending sales. Homes are averaging 56 days on the market before going under contract.

Inventory has increased compared to last year, with 30 more homes available — giving buyers more choice.

Homes are selling faster, averaging 56 days on market compared to 57 days last year.

The median listing price has fallen 7.5% year-over-year, from $464,950 to $429,950.

Whether you are buying or selling in SALEM, AL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 10,373  ·  Density: 35.8/mi²  ·  Median household income: $54,478

Typical home value: $160,527  ·  Homeownership: 90.1%

Market Overview

Active Listings
86
⇧ 53.6% vs 56 last year
Pending
29
34% pending ratio
Median Price
$429,950
⇩ 7.5% vs $464,950 last year
Average Price
$480,681
⇩ 1.2% vs $486,701 last year
Days on Market
56
⇩ 1.8% vs 57 days last year

Price Per Square Foot

Median $/sqft
$198
⇧ 4.2% vs $190/sqft last year
Median Home Size
2,232 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 86 this year vs 56 last year
  • Days on market: 56 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $429,950 (-7.5% YoY)
  • Average: $480,681 (-1.2% 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 23.1 miles — 836 listings ($302,608,861 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
36874Salem, AL 368740.0 mi76$34,499,744$421,950$453,944
36870Phenix City, AL 368707.5 mi79$23,907,533$302,450$302,627
36867Phenix City, AL 3686711.5 mi76$19,026,524$241,425$250,349
31808Fortson, GA 3180812.4 mi77$43,990,639$492,338$571,307
36854Valley, AL 3685412.9 mi73$23,309,995$289,925$319,315
36801Opelika, AL 3680114.4 mi160$64,007,040$349,550$400,044
31906Columbus, GA 3190616.3 mi84$17,903,088$142,494$213,132
36875Seale, AL 3687516.7 mi8$2,805,464$304,900$350,683
31903Columbus, GA 3190317.9 mi86$7,223,656$77,975$83,996
36858Hatchechubbee, AL 3685819.2 mi1$0$0$0
31811Hamilton, GA 3181120.0 mi28$24,562,748$750,000$877,241
31820Midland, GA 3182021.8 mi61$34,590,111$417,400$567,051
36863Lanett, AL 3686323.1 mi27$6,782,319$197,750$251,197

Frequently Asked Questions

How many homes are for sale in SALEM, AL 36874?

As of March 2026, there are 86 active listings in SALEM, AL (zip code 36874), compared to 56 the prior year.

What is the median home price in SALEM, AL 36874?

The median listing price in SALEM, AL 36874 is $429,950 as of March 2026, a 7.5% decrease from $464,950 the prior year.

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

Homes in SALEM, AL 36874 spend an average of 56 days on the market before going under contract, compared to 57 days the prior year.

Is it a seller's or buyer's market in SALEM, AL 36874?

Based on current inventory and days-on-market data as of March 2026, SALEM, AL 36874 is currently a Balanced Market. Inventory has increased compared to last year, with 30 more homes available — giving buyers more choice. Homes are selling faster, averaging 56 days on market compared to 57 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SALEM, AL 36874 save an estimated $8,599 compared to a typical 5% commission on the median listing price of $429,950. 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.