Data as of April 2026. Source: Realtor.com.
The SALEM, IL real estate market (62881) currently shows 34 active listings, with 11 pending sales. Homes are averaging 62 days on the market before going under contract.
Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 62 days on market compared to 44 days last year.
The median listing price has risen 5% year-over-year, from $162,500 to $170,625.
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 April 2026, there are 34 active listings in SALEM, IL (zip code 62881), compared to 40 the prior year.
The median listing price in SALEM, IL 62881 is $170,625 as of April 2026, a 5% increase from $162,500 the prior year.
Homes in SALEM, IL 62881 spend an average of 62 days on the market before going under contract, compared to 44 days the prior year.
Based on current inventory and days-on-market data as of April 2026, SALEM, IL 62881 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 62 days on market compared to 44 days last year.
With SELL123.com's maximum 3% commission, sellers in SALEM, IL 62881 save an estimated $3,413 compared to a typical 5% commission on the median listing price of $170,625. 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.