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SALEM, MO 65560

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The SALEM, MO real estate market (65560) currently shows 83 active listings, with 18 pending sales. Homes are averaging 124 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 124 days on market compared to 83 days last year.

The median listing price has risen 29.3% year-over-year, from $199,900 to $258,500.

Whether you are buying or selling in SALEM, MO, 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: 13,305  ·  Density: 7.7/mi²  ·  Median household income: $49,598

Typical home value: $124,107  ·  Homeownership: 72.1%

Market Overview

Active Listings
83
⇧ 6.4% vs 78 last year
Pending
18
22% pending ratio
Median Price
$258,500
⇧ 29.3% vs $199,900 last year
Average Price
$334,825
⇧ 17% vs $286,079 last year
Days on Market
124
⇧ 49.4% vs 83 days last year

Price Per Square Foot

Median $/sqft
$143
⇧ 11.7% vs $128/sqft last year
Median Home Size
1,832 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 83 this year vs 78 last year
  • Days on market: 124 now vs 83 last year

Median & Average Pricing

Year over Year
  • Median: $258,500 (+29.3% YoY)
  • Average: $334,825 (+17% 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 34.4 miles — 163 listings ($50,296,664 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
65560Salem, MO 655600.0 mi80$24,947,440$243,950$311,843
65440Boss, MO 6544017.2 mi1$159,900$159,900$159,900
65479Hartshorn, MO 6547919.4 mi2$444,150$222,075$222,075
65456Davisville, MO 6545620.6 mi1$810,000$810,000$810,000
65542Licking, MO 6554222.0 mi27$6,206,463$191,200$229,869
65439Bixby, MO 6543922.5 mi1$175,000$175,000$175,000
65565Steelville, MO 6556525.7 mi16$5,694,656$290,500$355,916
65466Eminence, MO 6546627.3 mi7$3,476,431$397,500$496,633
63633Centerville, MO 6363329.4 mi1$60,000$60,000$60,000
65550Newburg, MO 6555029.7 mi20$4,638,000$192,200$231,900
65589Yukon, MO 6558930.7 mi1$507,300$507,300$507,300
63623Belleview, MO 6362333.6 mi3$2,040,000$610,000$680,000
65444Bucyrus, MO 6544434.4 mi3$1,137,324$315,975$379,108

Frequently Asked Questions

How many homes are for sale in SALEM, MO 65560?

As of March 2026, there are 83 active listings in SALEM, MO (zip code 65560), compared to 78 the prior year.

What is the median home price in SALEM, MO 65560?

The median listing price in SALEM, MO 65560 is $258,500 as of March 2026, a 29.3% increase from $199,900 the prior year.

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

Homes in SALEM, MO 65560 spend an average of 124 days on the market before going under contract, compared to 83 days the prior year.

Is it a seller's or buyer's market in SALEM, MO 65560?

Based on current inventory and days-on-market data as of March 2026, SALEM, MO 65560 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 124 days on market compared to 83 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SALEM, MO 65560 save an estimated $5,170 compared to a typical 5% commission on the median listing price of $258,500. 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.