Data as of July 2026. Source: Realtor.com.
The SALEM, IL real estate market (62881) currently shows 36 active listings, with 16 pending sales. Homes are averaging 34 days on the market before going under contract.
Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 34 days on market compared to 48 days last year.
The median listing price has risen 13.3% year-over-year, from $165,000 to $187,000.
Whether you are buying or selling in SALEM, IL, 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.
Population: 10,995 · Density: 42.8/mi² · Median household income: $64,688
Typical home value: $103,245 · Homeownership: 70.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 62881 | Salem, IL 62881 | 0.0 mi | 34 | $5,782,584 | $154,450 | $170,076 |
| 62807 | Alma, IL 62807 | 7.8 mi | 3 | $720,000 | $240,000 | $240,000 |
| 62849 | Iuka, IL 62849 | 9.1 mi | 7 | $1,450,680 | $250,000 | $207,240 |
| 62854 | Kinmundy, IL 62854 | 10.9 mi | 3 | $621,000 | $180,000 | $207,000 |
| 62830 | Dix, IL 62830 | 13.3 mi | 2 | $400,000 | $200,000 | $200,000 |
| 62892 | Vernon, IL 62892 | 14.2 mi | 0 | $0 | $148,000 | $148,000 |
| 62899 | Xenia, IL 62899 | 15.4 mi | 5 | $1,119,900 | $211,225 | $223,980 |
| 62838 | Farina, IL 62838 | 18.8 mi | 3 | $414,825 | $130,950 | $138,275 |
| 62850 | Johnsonville, IL 62850 | 20.8 mi | 2 | $135,332 | $67,666 | $67,666 |
| 62864 | Mount Vernon, IL 62864 | 21.1 mi | 74 | $18,480,242 | $228,750 | $249,733 |
| 62253 | Keyesport, IL 62253 | 22.1 mi | 1 | $519,000 | $519,000 | $519,000 |
| 62426 | Edgewood, IL 62426 | 23.1 mi | 1 | $48,000 | $48,000 | $48,000 |
| 62803 | Hoyleton, IL 62803 | 23.6 mi | 4 | $554,268 | $140,750 | $138,567 |
As of July 2026, there are 36 active listings in SALEM, IL (zip code 62881), compared to 43 the prior year.
The median listing price in SALEM, IL 62881 is $187,000 as of July 2026, a 13.3% increase from $165,000 the prior year.
Homes in SALEM, IL 62881 spend an average of 34 days on the market before going under contract, compared to 48 days the prior year.
Based on current inventory and days-on-market data as of July 2026, SALEM, IL 62881 is currently a Seller's Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 34 days on market compared to 48 days last year.
With SELL123.com's maximum 3% commission, sellers in SALEM, IL 62881 save an estimated $3,740 compared to a typical 5% commission on the median listing price of $187,000. 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.