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SALEM, IN 47167

Real Estate Market Report  ·  Washington County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
50
⇩ 3.8% vs 52 last year
Pending
11
22% pending ratio
Median Price
$207,500
⇧ 2.5% vs $202,400 last year
Average Price
$264,170
⇧ 10.1% vs $240,012 last year
Days on Market
71
⇩ 16.5% vs 85 days last year

Market Context

Population: 15,592  ·  Density: 28.3/mi²  ·  Median household income: $55,646

Typical home value: $156,942  ·  Homeownership: 77.5%

Market Analysis

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

The SALEM, IN real estate market (47167) currently shows 50 active listings, with 11 pending sales. Homes are averaging 71 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 71 days on market compared to 85 days last year.

The median listing price has risen 2.5% year-over-year, from $202,400 to $207,500.

Whether you are buying or selling in SALEM, IN, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 50 this year vs 52 last year
  • Days on market: 71 now vs 85 last year

Median & Average Pricing

Year over Year
  • Median: $207,500 (+2.5% YoY)
  • Average: $264,170 (+10.1% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.8 miles — 304 listings ($91,871,901 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47167Salem, IN 471670.0 mi50$13,208,500$207,500$264,170
47108Campbellsburg, IN 471089.4 mi7$1,979,320$300,000$282,760
47281Vallonia, IN 4728112.3 mi2$330,000$165,000$165,000
47170Scottsburg, IN 4717014.3 mi53$12,679,455$236,200$239,235
47125Hardinsburg, IN 4712515.4 mi5$1,118,375$182,350$223,675
47260Medora, IN 4726016.8 mi9$1,816,110$158,649$201,790
47124Greenville, IN 4712417.3 mi8$2,869,600$369,950$358,700
47229Crothersville, IN 4722918.1 mi11$2,006,851$164,900$182,441
47102Austin, IN 4710219.0 mi31$5,475,623$177,000$176,633
47143Memphis, IN 4714319.7 mi43$13,432,813$304,900$312,391
47119Floyds Knobs, IN 4711920.1 mi33$15,914,910$481,450$482,270
47166Ramsey, IN 4716621.2 mi0$0$243,450$243,450
47122Georgetown, IN 4712221.8 mi52$21,040,344$366,950$404,622

Frequently Asked Questions

How many homes are for sale in SALEM, IN 47167?

As of January 2026, there are 50 active listings in SALEM, IN (zip code 47167), compared to 52 the prior year.

What is the median home price in SALEM, IN 47167?

The median listing price in SALEM, IN 47167 is $207,500 as of January 2026, a 2.5% increase from $202,400 the prior year.

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

Homes in SALEM, IN 47167 spend an average of 71 days on the market before going under contract, compared to 85 days the prior year.

Is it a seller's or buyer's market in SALEM, IN 47167?

Based on current inventory and days-on-market data as of January 2026, SALEM, IN 47167 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 71 days on market compared to 85 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SALEM, IN 47167 save an estimated $4,150 compared to a typical 5% commission on the median listing price of $207,500. 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.