House Prices

House Prices & Home Values Salem, NE 2026


Average Data

average house price$220,708
average size per house1912 ft²
average price per ft²116 $ / ft²

04/21/2026 - The value range (VR) for house prices in Salem, NE is $163/ sqft to $163/ sqft. An average home with 1912 sqft costs approximately $311,656 to $311,656. Salem, NE includes 1 ZIP codes and it is located in Richardson county. The lowest prices are found in ZIP 68433, while the highest are in ZIP 68433. The average price per sqare feet is $116. Our analysis is based on 22 property listings.

Avergage prices by ZIP codes Salem

68433151 $ / ft²




Historical development of home values in Salem

Year Estimated value (USD) Change vs. 2025
2010 $102,501 -53.6%
2011 $98,537 -55.4%
2012 $98,272 -55.5%
2013 $101,945 -53.8%
2014 $107,014 -51.5%
2015 $112,506 -49.0%
2016 $118,378 -46.4%
2017 $124,767 -43.5%
2018 $131,665 -40.3%
2019 $137,770 -37.6%
2020 $144,892 -34.4%
2021 $164,799 -25.3%
2022 $192,119 -13.0%
2023 $202,598 -8.2%
2024 $214,319 -2.9%
2025 $220,708 0.0%

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



Example: 100% financing house in Salem

Loan amount: $220,708

Interest rate: 6.00%

Fixed monthly payment: $1,323.26

Breakdown in the 1st month:
Interest portion: $1,103.54  –  Principal portion: $219.72

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $13,168.75 $2,710.32 $217,997.68
2 $13,001.58 $2,877.49 $215,120.19
3 $12,824.11 $3,054.96 $212,065.23
4 $12,635.68 $3,243.39 $208,821.84
5 $12,435.64 $3,443.43 $205,378.41
6 $12,223.26 $3,655.82 $201,722.59
7 $11,997.77 $3,881.30 $197,841.30
8 $11,758.38 $4,120.69 $193,720.61
9 $11,504.23 $4,374.84 $189,345.76
10 $11,234.40 $4,644.67 $184,701.09
11 $10,947.92 $4,931.15 $179,769.94
12 $10,643.78 $5,235.29 $174,534.65
13 $10,320.88 $5,558.19 $168,976.46
14 $9,978.06 $5,901.01 $163,075.45
15 $9,614.10 $6,264.97 $156,810.48
16 $9,227.69 $6,651.38 $150,159.10
17 $8,817.45 $7,061.62 $143,097.48
18 $8,381.90 $7,497.17 $135,600.32
19 $7,919.50 $7,959.58 $127,640.74
20 $7,428.57 $8,450.51 $119,190.24
21 $6,907.36 $8,971.71 $110,218.52
22 $6,354.00 $9,525.07 $100,693.45
23 $5,766.52 $10,112.55 $90,580.90
24 $5,142.80 $10,736.28 $79,844.62
25 $4,480.61 $11,398.47 $68,446.16
26 $3,777.57 $12,101.50 $56,344.66
27 $3,031.18 $12,847.89 $43,496.77
28 $2,238.75 $13,640.32 $29,856.45
29 $1,397.45 $14,481.63 $15,374.82
30 $504.25 $15,374.82 $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, NE


1500 sqft3900 sqft
Ø selling price$210,541$447,877
Ø fast selling$191,401$403,089
Ø high price sale$229,681$492,664

In 2026, houses in Salem, NE will be offered at an average price of $116 per square foot. A 1,500 sqft home priced at $210,541 is 21.18% more expensive per square foot than a 3,900 sqft home priced at $447,877. Home prices in Salem, NE vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $310,068. Sellers who can wait longer may achieve a higher price of up to $378,973.


Discover Salem, Nebraska

Overview

Salem, Nebraska is a quiet village in Richardson County tucked into the rolling hills of southeast Nebraska.
Located a short drive from Falls City and the Missouri River, Salem offers small-town charm with easy access to regional amenities.
Visitors and new residents appreciate its friendly pace, open skies, and classic Midwest landscapes.

History and Community

The village traces its roots to 19th-century settlement, reflected in historic buildings and tree-lined streets.
Community life centers on local churches, seasonal events, and neighboring towns that share schools, services, and youth sports.
Agriculture remains a cornerstone of the local economy, with family farms and ag-support businesses connecting Salem to the surrounding countryside.

Attractions and Outdoors

Outdoor lovers use Salem NE as a base for hiking and wildlife viewing at Indian Cave State Park, picnicking at nearby lakes and parks, and scenic drives through prairie and river bluffs.
Travelers also explore Falls City?s Richardson County Museum and downtown shops before returning to Salem?s peaceful evenings under big Midwestern skies.

Living and Practical Info

Housing in and around Salem tends to be affordable compared to larger Nebraska cities, making it attractive for remote workers and retirees seeking space and value.
With convenient highway access, reliable utilities, and a strong sense of neighborly support, Salem, NE delivers a simple, safe, and welcoming small-town lifestyle.



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 $220,708 for an average home size of 1912 square feet. This corresponds to an average price of roughly $116 per square foot.

What is the average cost per square foot in Salem?

In 2026, homes in Salem sell for an average of around $116 per square foot, with a typical range between $163 and $163 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 1912 square feet, with an estimated 2026 value around $220,708.



Locations close to Salem, NE

Seward, NE119 $ / ft²
Shickley, NE64 $ / ft²
Shubert, NE136 $ / ft²
Rulo, NE101 $ / ft²
Roca, NE163 $ / ft²
Raymond, NE196 $ / ft²
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