Homes Under $700K in Salem, VA

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3 beds New construction With a pool

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4 Listings

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Homes Under $700K in Salem, VA

4 Listings

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4 listings

Homes Under $700K in Salem, VA

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4 Listings

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Homes Under $700K in Salem, VA

4 Listings

Your local brokerage

Thomas O'Leary

Realty.com

Lic. #0225245042

Call Thomas

New24Active

Your local brokerage

Thomas O'Leary

Realty.com

Lic. #0225245042

Call Thomas

$220,000

2 bd · 2 ba · 1,075 sqft

2525 Gatehouse Ln, Salem, VA

MARY VICTORIA DYKSTRA · MKB, REALTORS®

New7Active

$225,000

3 bd · 2 ba · 1,352 sqft

2523 Gatehouse Ln, Salem, VA

JUDY BROMM SELLERS · BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS® - MAIN

50Active

$314,950

3 bd · 2 ba · 1,153 sqft

125 Academy St, Salem, VA

JOE ALLS · RE/MAX ALL STARS

Your local brokerage

Thomas O'Leary

Realty.com

Lic. #0225245042

Call Thomas

21Active

$217,000

1 bd · 1 ba · 1,000 sqft

2429 Post Oak Rd, Salem, VA

WALTER GREWE · WAINWRIGHT & CO., REALTORS®

Listing data & MLS disclosures

Roanoke Valley Association of REALTORS: Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, noncommercial benefit. The unauthorized retrieval or use of this listing data is prohibited. All information is deemed reliable but not guaranteed, and should be independently verified. Copyright © 2026 Multiple Listing Service of The Roanoke Valley. All rights reserved.

Salem housing market

August 2026

Selling at 100.0% of asking price

Sales here are closing essentially at asking. MLS · 47 sales · as of Aug 31, 2026

Homes that sold · County records, as of Aug 27, 2026

Median sale price: $295,000$217,000–$497,500 typical range
Price per sq. ft.: $197
Sales: 75
Paid in cash: 37.3%

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

Median list price: $374,950
Homes for sale: 117
Median days on market: 15 days

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

Year-over-year: -9.9%

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

Median home size: 1,566 sq. ft.

Salem, VA community profile

Population: 26,009
Median income: $71,541
Housing units: 11,130
People per sq. mi.: 247.5
Area: 105.1 sq. mi.

Source: HJN community data

Explore Salem homes

Your local brokerage

Thomas O'Leary

Realty.com

Lic. #0225245042

Call Thomas

Listing data & MLS disclosures

Roanoke Valley Association of REALTORS: Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, noncommercial benefit. The unauthorized retrieval or use of this listing data is prohibited. All information is deemed reliable but not guaranteed, and should be independently verified. Copyright © 2026 Multiple Listing Service of The Roanoke Valley. All rights reserved.

Salem, VA community profile

Population: 26,009
Median income: $71,541
Housing units: 11,130
People per sq. mi.: 247.5
Area: 105.1 sq. mi.

Source: HJN community data

Salem housing market

August 2026

Selling at 100.0% of asking price

Sales here are closing essentially at asking. MLS · 47 sales · as of Aug 31, 2026

Homes that sold · County records, as of Aug 27, 2026

Median sale price: $295,000$217,000–$497,500 typical range
Price per sq. ft.: $197
Sales: 75
Paid in cash: 37.3%

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

Median list price: $374,950
Homes for sale: 117
Median days on market: 15 days

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

Year-over-year: -9.9%

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

Median home size: 1,566 sq. ft.

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Your local brokerage

Your local brokerage

Your local brokerage

Listing data & MLS disclosures

Salem housing market

Homes that sold · County records, as of Aug 27, 2026

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

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

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

Salem, VA community profile

Explore Salem homes

Your local brokerage

Listing data & MLS disclosures

Salem, VA community profile

Salem housing market

Homes that sold · County records, as of Aug 27, 2026

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

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

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