House Prices

House Prices & Home Values Salem, UT 2026


Average Data

average house price$554,961
average size per house2950 ft²
average price per ft²189 $ / ft²

05/19/2026 - The value range (VR) for house prices in Salem, UT is $192/ sqft to $192/ sqft. An average home with 2950 sqft costs approximately $566,400 to $566,400. Salem, UT includes 1 ZIP codes and it is located in Utah county. The lowest prices are found in ZIP 84653, while the highest are in ZIP 84653. The average price per sqare feet is $189. Our analysis is based on 13 property listings.

Avergage prices by ZIP codes Salem

84653211 $ / ft²




Historical development of home values in Salem

Year Estimated value (USD) Change vs. 2025
2010 $257,734 -53.6%
2011 $247,767 -55.4%
2012 $247,100 -55.5%
2013 $256,336 -53.8%
2014 $269,082 -51.5%
2015 $282,893 -49.0%
2016 $297,656 -46.4%
2017 $313,722 -43.5%
2018 $331,066 -40.3%
2019 $346,417 -37.6%
2020 $364,325 -34.4%
2021 $414,380 -25.3%
2022 $483,074 -13.0%
2023 $509,424 -8.2%
2024 $538,895 -2.9%
2025 $554,961 0.0%

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



Example: 100% financing house in Salem

Loan amount: $554,961

Interest rate: 6.00%

Fixed monthly payment: $3,327.27

Breakdown in the 1st month:
Interest portion: $2,774.81  –  Principal portion: $552.47

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $33,112.27 $6,814.99 $548,146.01
2 $32,691.94 $7,235.32 $540,910.69
3 $32,245.68 $7,681.58 $533,229.12
4 $31,771.90 $8,155.36 $525,073.76
5 $31,268.89 $8,658.37 $516,415.39
6 $30,734.86 $9,192.40 $507,222.99
7 $30,167.90 $9,759.36 $497,463.63
8 $29,565.96 $10,361.30 $487,102.33
9 $28,926.90 $11,000.36 $476,101.97
10 $28,248.42 $11,678.84 $464,423.14
11 $27,528.10 $12,399.16 $452,023.97
12 $26,763.34 $13,163.92 $438,860.06
13 $25,951.42 $13,975.84 $424,884.22
14 $25,089.42 $14,837.84 $410,046.38
15 $24,174.26 $15,753.00 $394,293.38
16 $23,202.65 $16,724.61 $377,568.76
17 $22,171.11 $17,756.15 $359,812.61
18 $21,075.95 $18,851.31 $340,961.30
19 $19,913.24 $20,014.02 $320,947.28
20 $18,678.82 $21,248.44 $299,698.84
21 $17,368.26 $22,559.00 $277,139.84
22 $15,976.87 $23,950.39 $253,189.46
23 $14,499.66 $25,427.59 $227,761.86
24 $12,931.35 $26,995.91 $200,765.95
25 $11,266.30 $28,660.96 $172,104.99
26 $9,498.55 $30,428.71 $141,676.28
27 $7,621.78 $32,305.48 $109,370.80
28 $5,629.24 $34,298.01 $75,072.78
29 $3,513.82 $36,413.44 $38,659.34
30 $1,267.92 $38,659.34 $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, UT


1500 sqft3900 sqft
Ø selling price$343,035$729,730
Ø fast selling$311,850$656,757
Ø high price sale$374,221$802,702

In 2026, houses in Salem, UT will be offered at an average price of $189 per square foot. A 1,500 sqft home priced at $343,035 is 25.23% more expensive per square foot than a 3,900 sqft home priced at $729,730. Home prices in Salem, UT vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $505,198. Sellers who can wait longer may achieve a higher price of up to $617,463.


Discover Salem, UT

Located in Utah County, Salem, Utah is a family-friendly city known for its scenic pond and small-town charm.
Set along the Wasatch Front just minutes from Spanish Fork and Provo, Salem offers quick access to I-15 and regional employers.

Outdoor Recreation

The centerpiece is Salem Pond, where locals enjoy fishing, kayaking, walking trails, and seasonal events like the Salem Days fireworks.
Nearby canyon drives, hiking and biking routes, and winter sports in the mountains make outdoor recreation a year-round lifestyle.

Community and Schools

Salem?s community spirit shines through city parks, youth sports, and neighborhood gatherings that create a welcoming atmosphere for new residents.
Families appreciate schools served by the Nebo School District, along with close proximity to Utah Valley University and Brigham Young University.

Economy and Real Estate

The local economy blends small businesses, construction and services, while commuters benefit from employment hubs across Utah County.
Homebuyers find a mix of newer subdivisions and established neighborhoods, with Salem UT real estate prized for views, space, and value compared to larger cities.

Quality of Life and Things to Do

Dining spots, farm stands, and community festivals add to the city?s down-to-earth charm and convenient amenities.
Whether you?re relocating or planning a visit, this guide to things to do in Salem UT highlights a peaceful base near big-city opportunities.



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 $554,961 for an average home size of 2950 square feet. This corresponds to an average price of roughly $189 per square foot.

What is the average cost per square foot in Salem?

In 2026, homes in Salem sell for an average of around $189 per square foot, with a typical range between $192 and $192 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 2950 square feet, with an estimated 2026 value around $554,961.



Locations close to Salem, UT

Salina, UT102 $ / ft²
Santaquin, UT189 $ / ft²
Scipio, UT156 $ / ft²
Redmond, UT113 $ / ft²
Payson, UT165 $ / ft²
Oak City, UT107 $ / ft²
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