Active Listings
36
⇩ 7.7% vs 39 last year
Data as of March 2026. Source: Realtor.com.
The SALEM, IL real estate market (62881) currently shows 36 active listings, with 12 pending sales. Homes are averaging 88 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 88 days on market compared to 38 days last year.
The median listing price has fallen 11.5% year-over-year, from $184,900 to $163,575.
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 March 2026, there are 36 active listings in SALEM, IL (zip code 62881), compared to 39 the prior year.
The median listing price in SALEM, IL 62881 is $163,575 as of March 2026, a 11.5% decrease from $184,900 the prior year.
Homes in SALEM, IL 62881 spend an average of 88 days on the market before going under contract, compared to 38 days the prior year.
Based on current inventory and days-on-market data as of March 2026, SALEM, IL 62881 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 88 days on market compared to 38 days last year.
With SELL123.com's maximum 3% commission, sellers in SALEM, IL 62881 save an estimated $3,272 compared to a typical 5% commission on the median listing price of $163,575. 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.