Housing & Real Estate — Salem, Missouri

Overview

Total Housing Units2,325
Occupied1,936
Vacant389
Owner-Occupied1,034
Renter-Occupied902
Median Home Value (Census)$115,000
Estimated 2026~$130,000
Median Rent$593/mo
Median Property Tax$760/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income16.2%
Severely Rent-Burdened22.1%

Housing Age

Built 2010 or later136
Built 2000-2009150
Built 1990-1999109
Built before 1960782
Median Year Built1969
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.