Housing in 57058 Salem, SD is significantly more affordable than the US median housing value. According to the given data, the median value for housing in 57058 Salem, SD is $200,400 compared to the national average of $338,100. Additionally, over the past year the appreciation rate for housing in 57058 Salem has been 12.74%, significantly higher than the national average of 8.27%. This makes 57058 Salem a great option for potential homeowners looking for a deal on their next home purchase.
The median home cost in Salem (zip 57058) is $200,400. Home appreciation the last 10 years has been 95.0%. Home Appreciation in Salem (zip 57058) is up 18.1%.
Average Age of Homes
- The median age of Salem (zip 57058) real estate is 54 years old
The Rental Market in Salem (zip 57058)
- Renters make up 18.5% of the Salem (zip 57058) population
- 4.3% of houses and apartments in Salem (zip 57058), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.