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2025 Compare Cities Housing:
Salem, VA vs Lake Zurich, IL

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Highlights
- The median age of a home in Salem is 26.0% older than the median age of a home in Lake Zurich.
 Salem, VALake Zurich, ILUnited States
 Median Home Age50  Unlock42
 Median Home Cost  Unlock$382,900$338,100
 Home Appr. Last 12 months15.8%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock31.8%57.0%
 Home Appr. Last 10 yrs.55.9%  Unlock101.1%
 Property Tax Rate  Unlock$23.6$11.0
 Homes Owned58.8%  Unlock57.4%
 Housing Vacant  Unlock4.2%11.2%
 Homes Rented31.1%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Salem, VALake Zurich, ILUnited States
 Average Rent  Unlock$2,500$1,840
 Studio Apartment$800  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,740$1,180
 2 Bedroom Home or Apartment$1,090  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,540$1,860
 4 Bedroom Home or Apartment$1,690  Unlock$2,160
 space1
 Vacant Housing
 Salem, VALake Zurich, ILUnited States
 Vacant For Rent  Unlock0.8%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock1.6%0.7%
 Vacant Sold0.3%  Unlock0.4%
 Vacant Vacation  Unlock0.5%3.6%
 Vacant Other5.3%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Salem, VALake Zurich, ILUnited States
 Less Than $20,000  Unlock0.6%2.6%
 $20,000 to $39,9991.5%  Unlock2.4%
 $40,000 to $59,999  Unlock0.1%2.8%
 $60,000 to $79,9991.3%  Unlock3.9%
 $80,000 to $99,999  Unlock0.3%4.5%
 $100,000 to $149,99916.1%  Unlock11.3%
 $150,000 to $199,999  Unlock4.5%13.0%
 $200,000 to $299,99926.5%  Unlock20.1%
 $300,000 to $399,999  Unlock34.3%13.6%
 $400,000 to $499,9996.1%  Unlock8.3%
 $500,000 to $749,999  Unlock7.5%9.7%
 $750,000 to $999,9990.7%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock1.2%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.1%1.1%
 space3
 Housing Units By Year Built
 Salem, VALake Zurich, ILUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock10.3%13.6%
 2000 to 20096.1%  Unlock13.6%
 1990 to 1999  Unlock16.0%13.6%
 1980 to 198911.5%  Unlock13.2%
 1970 to 1979  Unlock23.5%14.8%
 1960 to 196910.8%  Unlock13.6%
 1950 to 1959  Unlock5.7%10.0%
 1940 to 19495.2%  Unlock4.7%
 1939 or Earlier  Unlock1.8%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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Reviews for Lake Zurich    6 Reviews
andrew · Des Plaines, IL
Safe, affordable, and comfortable
Over 16 years ago

The suburb provides convenient access to the Chicago Metro features, as well as the comfort of a small bedroom  More

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LZResident · Lake Zurich, IL
LZ's questionable revitalization
Over 18 years ago

LZ downtown revitalization is at a standstill...with townhomes built and not selling..plus our gateway building may never be built due to disagreements on funding by the  More

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JWB · Lake Zurich, IL
Retro to the future
Over 18 years ago

Lake Zurich is in the midst of a retro revitalization. They have moved the major highway out from downtown and are building condos, shops and apartments. This by  More

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Learn More About Salem, Virginia
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Learn More About Lake Zurich, Illinois
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