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Buy

Start here

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  • Home buying tips
  • Before you start looking
  • The buying timeline

Afford it

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  • Mortgage calculator
  • How much can I afford?
  • Get pre-approved

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  • Inspections & appraisals
  • Closing costs, itemized
  • Find a buyer's agent
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3 beds
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New construction
With a pool
Homes Under $700K in Salem, IN
70 listings

Homes Under $700K in Salem, IN

Homes Under $700K in Salem, IN

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23 of 70 Listings
Map

Homes Under $700K in Salem, IN

23 of 70 Listings

  1. 1681 S Lockenour Lane — photo31Active

Your local brokerage

SM

Steve Merritt

Realty.com

Lic. #RB21000412

Call Steve

$189,000

3 bd · 2 ba · 1,344 sqft

1681 S Lockenour Lane, Salem, IN

Melanie Wells · HOOSIER REALTY

  • 3969 Salem Avenue — photo31Active

    $299,900

    3 bd · 3 ba · 1,116 sqft

    3969 Salem Avenue, Salem, IN

    Kris Christianson · Whitetail Properties Real Esta

  • 117 E Eastern Hills Boulevard — photo92Active

    $460,000

    4 bd · 4 ba · 5,304 sqft

    117 E Eastern Hills Boulevard, Salem, IN

    Geoffrey Novak · Knob & Key Realty LLC

  • 3384 E State Road 160 — photo49Active

    $250,000

    5 bd · 2 ba · 2,484 sqft

    3384 E State Road 160, Salem, IN

    Sherri B. Purkhiser · The Day Company Realtors & Auctioneers

  • 1007 N Main Street — photoPrice Reduced12Active

    $164,900

    3 bd · 2 ba · 1,414 sqft

    1007 N Main Street, Salem, IN

    Jennifer K Jordan · Lighthouse Realty Group, Inc.

  • 408 W Small Street — photo4Active

    $249,900

    3 bd · 2 ba · 1,387 sqft

    408 W Small Street, Salem, IN

    Melissa Dietrich · Lopp Real Estate Brokers

  • 410 W Small Street — photo30Active

    $249,900

    3 bd · 2 ba · 1,387 sqft

    410 W Small Street, Salem, IN

    Melissa Dietrich · Lopp Real Estate Brokers

  • 412 W Small Street — photo31Active

    $249,900

    3 bd · 2 ba · 1,387 sqft

    412 W Small Street, Salem, IN

    Melissa Dietrich · Lopp Real Estate Brokers

  • 406 W Small Street — photo4Active

    $249,900

    3 bd · 2 ba · 1,387 sqft

    406 W Small Street, Salem, IN

    Melissa Dietrich · Lopp Real Estate Brokers

  • 3226 W State Road 56 — photo46Active

    $394,900

    1 bd · 1 ba · 1,050 sqft

    3226 W State Road 56, Salem, IN

    Kristal May · Lopp Real Estate Brokers

  • 609 S Highland Drive — photoPrice Reduced41Active

    $260,000

    3 bd · 2 ba · 1,070 sqft

    609 S Highland Drive, Salem, IN

    Scotty Paden · Epique Realty

  • 3662 W Mount Zion Road — photo47Active

    $299,900

    3 bd · 2 ba · 1,568 sqft

    3662 W Mount Zion Road, Salem, IN

    Brittney Reisert · Nest Realty

  • 2350 N Whiskey Hollow Road — photoPrice Reduced57Active

    $379,950

    2 bd · 0 ba · 2,272 sqft

    2350 N Whiskey Hollow Road, Salem, IN

    Evan Zinser · Mainstreet REALTORS

  • 801 N College Avenue — photoPrice Reduced29Active

    $165,000

    3 bd · 1 ba · 1,079 sqft

    801 N College Avenue, Salem, IN

    Destiny Benavides Rodas · Schuler Bauer Real Estate Services ERA Powered (N

  • 606 Ridgeview Drive — photoPrice Reduced66Active

    $194,500

    3 bd · 2 ba · 1,306 sqft

    606 Ridgeview Drive, Salem, IN

    Melanie Wells · HOOSIER REALTY

  • 1202 Norway Drive Lot 21 — photo38Active

    $384,900

    4 bd · 3 ba · 2,201 sqft

    1202 Norway Drive Lot 21, Salem, IN

    Troy Stiller · Schuler Bauer Real Estate Services ERA Powered (N

  • 4379 W Grandview Road — photo40Active

    $229,900

    2 bd · 1 ba · 792 sqft

    4379 W Grandview Road, Salem, IN

    Ashley Johnson-Hopper · JPAR Aspire

  • 204 N Washington Boulevard — photoPrice Reduced46Active

    $174,900

    2 bd · 1 ba · 960 sqft

    204 N Washington Boulevard, Salem, IN

    Tammie K McIntyre · Brixton Realty

  • 205 E Arthur Street — photo27Active

    $134,900

    1 bd · — ba · 720 sqft

    205 E Arthur Street, Salem, IN

    Debbie Curtis · Mainstreet Realtors

  • 3563 N Cox Ferry Road — photoPrice Reduced33Active

    $274,900

    3 bd · 3 ba · 1,996 sqft

    3563 N Cox Ferry Road, Salem, IN

    Chelsea Clark · Ward Realty Services

  • 814 N College Avenue — photo15Active

    $169,900

    2 bd · 1 ba · 1,256 sqft

    814 N College Avenue, Salem, IN

    Stephannie Wilson · NextHome Wilson Real Estate

  • 1003 N Hayes Avenue — photoPrice Reduced21Active

    $180,000

    3 bd · 1 ba · 1,456 sqft

    1003 N Hayes Avenue, Salem, IN

    Sherri B. Purkhiser · The Day Company Realtors & Auctioneers

  • 201 Jackson Street — photoPrice Reduced17Active

    $149,900

    2 bd · 1 ba · 816 sqft

    201 Jackson Street, Salem, IN

    Brian Helsel · Brixton Realty

  • 123

    Explore Salem homes

    By price

    • Under $300K
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    By type

    • Single family
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    By feature

    • New construction
    • With a pool
    Realty.com

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    The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is derived from various Multiple Listing Services; each source MLS and its required disclaimer are shown with the listings on the applicable page. Realty.com is an independently owned and operated brokerage.

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    Your local brokerage

    SM

    Steve Merritt

    Realty.com

    Lic. #RB21000412

    Call Steve

    Listing data & MLS disclosures

    Indiana Regional MLS
    The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Indiana Regional MLS LLC®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Realty.com, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Indiana Regional MLS LLC®. All Rights Reserved.
    Southern Indiana REALTORS Association
    IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.
    Listing information ©2026 Southern Indiana Realtors(R) Association, Inc®. All Rights Reserved. Last Updated: 2026-09-15 17:34:56 UTC

    Salem, IN community profile

    Population
    6,489
    Median income
    $52,505
    Housing units
    2,894
    People per sq. mi.
    30.3
    Area
    214.1 sq. mi.

    Source: HJN community data

    Salem housing market

    August 2026 · This period is still settling

    Selling at 100.0% of asking price

    Sales here are closing essentially at asking. MLS · 13 sales · as of Aug 31, 2026

    Homes on the market · MLS, as of Aug 31, 2026

    Median list price
    $219,900
    Homes for sale
    57

    Price trend · Assessor repeat sales, as of Aug 31, 2026

    Year-over-year
    -12.3%

    Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Jul 29, 2026

    Median home size
    1,472 sq. ft.