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2025 Compare Cities Housing:
Cave Spring, VA vs Salem, VA

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Highlights
- The median age of a home in Cave Spring is 11.1% younger than the median age of a home in Salem.
 Cave Spring, VASalem, VAUnited States
 Median Home Age45  Unlock42
 Median Home Cost  Unlock$260,300$338,100
 Home Appr. Last 12 months17.1%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock48.0%57.0%
 Home Appr. Last 10 yrs.66.2%  Unlock101.1%
 Property Tax Rate  Unlock$9.7$11.0
 Homes Owned60.0%  Unlock57.4%
 Housing Vacant  Unlock10.1%11.2%
 Homes Rented31.0%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Cave Spring, VASalem, VAUnited States
 Average Rent  Unlock$1,480$1,840
 Studio Apartment$830  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$890$1,180
 2 Bedroom Home or Apartment$1,130  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,500$1,860
 4 Bedroom Home or Apartment$1,740  Unlock$2,160
 space1
 Vacant Housing
 Cave Spring, VASalem, VAUnited States
 Vacant For Rent  Unlock3.0%1.9%
 Vacant Rented0.5%  Unlock0.4%
 Vacant For Sale  Unlock0.4%0.7%
 Vacant Sold0.5%  Unlock0.4%
 Vacant Vacation  Unlock1.0%3.6%
 Vacant Other2.2%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Cave Spring, VASalem, VAUnited States
 Less Than $20,000  Unlock1.7%2.6%
 $20,000 to $39,9990.2%  Unlock2.4%
 $40,000 to $59,999  Unlock0.4%2.8%
 $60,000 to $79,9990.2%  Unlock3.9%
 $80,000 to $99,999  Unlock3.2%4.5%
 $100,000 to $149,9998.7%  Unlock11.3%
 $150,000 to $199,999  Unlock23.8%13.0%
 $200,000 to $299,99938.0%  Unlock20.1%
 $300,000 to $399,999  Unlock11.9%13.6%
 $400,000 to $499,9996.0%  Unlock8.3%
 $500,000 to $749,999  Unlock5.4%9.7%
 $750,000 to $999,9992.2%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.7%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.6%1.1%
 space3
 Housing Units By Year Built
 Cave Spring, VASalem, VAUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock6.1%13.6%
 2000 to 20094.9%  Unlock13.6%
 1990 to 1999  Unlock10.8%13.6%
 1980 to 198916.9%  Unlock13.2%
 1970 to 1979  Unlock20.0%14.8%
 1960 to 196912.7%  Unlock13.6%
 1950 to 1959  Unlock12.9%10.0%
 1940 to 19490.9%  Unlock4.7%
 1939 or Earlier  Unlock13.2%12.2%
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Reviews for Salem    4 Reviews
Samuel  · Rodeo, CA
moving
Over 9 years ago

I am looking for property in  More

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sharon · Salem, VA
Housing and taxes
Over 10 years ago

When we moved from Glen Allen VA to Salem I had read on here that cost of living including housing was cheaper. Housing is less unless you want a house bigger than 1300  More

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Denise · Salem, VA
Quaint town
Over 14 years ago

Salem is a lovely town surrounded by the beauty of the Blue Ridge mountains. Spring, Summer and Fall is exceptionally beautiful with moderate climate and lots of  More

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Learn More About Cave Spring, Virginia
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Learn More About Salem, Virginia
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