House Prices

House Prices & Home Values Salem, AL 2026


Average Data

average house price$222,413
average size per house2132 ft²
average price per ft²105 $ / ft²

04/22/2026 - The value range (VR) for house prices in Salem, AL is $113/ sqft to $113/ sqft. An average home with 2132 sqft costs approximately $240,916 to $240,916. Salem, AL includes 1 ZIP codes and it is located in Lee county. The lowest prices are found in ZIP 36874, while the highest are in ZIP 36874. The average price per sqare feet is $105. Our analysis is based on 8 property listings.

Avergage prices by ZIP codes Salem

36874105 $ / ft²




Historical development of home values in Salem

Year Estimated value (USD) Change vs. 2025
2010 $103,293 -53.6%
2011 $99,298 -55.4%
2012 $99,031 -55.5%
2013 $102,732 -53.8%
2014 $107,841 -51.5%
2015 $113,376 -49.0%
2016 $119,292 -46.4%
2017 $125,731 -43.5%
2018 $132,682 -40.3%
2019 $138,834 -37.6%
2020 $146,011 -34.4%
2021 $166,072 -25.3%
2022 $193,603 -13.0%
2023 $204,163 -8.2%
2024 $215,974 -2.9%
2025 $222,413 0.0%

Graph: estimated home values in Salem over time (USD)



Example: 100% financing house in Salem

Loan amount: $222,413

Interest rate: 6.00%

Fixed monthly payment: $1,333.48

Breakdown in the 1st month:
Interest portion: $1,112.07  –  Principal portion: $221.41

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $13,270.48 $2,731.26 $219,681.74
2 $13,102.02 $2,899.72 $216,782.03
3 $12,923.18 $3,078.56 $213,703.46
4 $12,733.30 $3,268.44 $210,435.02
5 $12,531.71 $3,470.03 $206,964.99
6 $12,317.68 $3,684.06 $203,280.93
7 $12,090.46 $3,911.28 $199,369.65
8 $11,849.22 $4,152.52 $195,217.13
9 $11,593.10 $4,408.64 $190,808.49
10 $11,321.18 $4,680.55 $186,127.93
11 $11,032.50 $4,969.24 $181,158.69
12 $10,726.01 $5,275.73 $175,882.96
13 $10,400.61 $5,601.13 $170,281.83
14 $10,055.15 $5,946.59 $164,335.23
15 $9,688.37 $6,313.37 $158,021.87
16 $9,298.98 $6,702.76 $151,319.10
17 $8,885.57 $7,116.17 $144,202.93
18 $8,446.66 $7,555.08 $136,647.85
19 $7,980.68 $8,021.06 $128,626.78
20 $7,485.95 $8,515.79 $120,111.00
21 $6,960.72 $9,041.02 $111,069.97
22 $6,403.09 $9,598.65 $101,471.32
23 $5,811.06 $10,190.68 $91,280.65
24 $5,182.53 $10,819.21 $80,461.43
25 $4,515.22 $11,486.52 $68,974.91
26 $3,806.76 $12,194.98 $56,779.93
27 $3,054.60 $12,947.14 $43,832.79
28 $2,256.05 $13,745.69 $30,087.09
29 $1,408.24 $14,593.50 $15,493.59
30 $508.15 $15,493.59 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Salem, AL


1500 sqft3900 sqft
Ø selling price$190,576$405,406
Ø fast selling$173,250$364,865
Ø high price sale$207,901$445,946

In 2026, houses in Salem, AL will be offered at an average price of $105 per square foot. A 1,500 sqft home priced at $190,576 is 21.25% more expensive per square foot than a 3,900 sqft home priced at $405,406. Home prices in Salem, AL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $280,665. Sellers who can wait longer may achieve a higher price of up to $343,035.


Discover Salem, Alabama

Overview

Salem, Alabama is a quiet unincorporated community in Lee County known for rural charm and convenient access to nearby cities.
Located between Opelika, Phenix City, and the Columbus, Georgia metro, Salem AL offers small-town living with regional connectivity. The area blends wooded neighborhoods, family farms, and new construction, appealing to homebuyers seeking space and value.

Living and Amenities

Residents of Salem Alabama enjoy affordable housing options, county-supported schools, and quick trips to shopping, dining, and healthcare in neighboring hubs. Outdoor enthusiasts appreciate proximity to the Chattahoochee River and Lake Harding for boating, fishing, and waterside picnics. Community calendars often feature youth sports, church events, and seasonal festivals that strengthen neighborhood ties.

History and Growth

Historically, Salem grew as a rural crossroads, and remnants of early settlement still shape its identity. The broader Lee County area preserves local heritage through museums and parks, while supporting steady job growth in manufacturing, healthcare, and education. Commuters value the manageable drive times to Auburn University, major employers, and military installations across the river. Whether you are relocating or planning a weekend visit, Salem AL combines Southern hospitality with practical convenience and room to grow.



FAQ – Home Values in Salem

What is the median home value in Salem in 2026?

In 2026, the typical home value in Salem is about $222,413 for an average home size of 2132 square feet. This corresponds to an average price of roughly $105 per square foot.

What is the average cost per square foot in Salem?

In 2026, homes in Salem sell for an average of around $105 per square foot, with a typical range between $113 and $113 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Salem is about 2132 square feet, with an estimated 2026 value around $222,413.



Locations close to Salem, AL

Seale, AL88 $ / ft²
Smiths Station, AL131 $ / ft²
Waverly, AL128 $ / ft²
Pittsview, AL81 $ / ft²
Phenix City, AL101 $ / ft²
Notasulga, AL114 $ / ft²
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