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Salem, SD real estate

Compare top Salem real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for November 2026.*


*Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Salem real estate Market Report.

Information and statistics on the latest trends in the Salem real estate market. *

Latest Rolling 3-Month Snapshot

Jul 1, 2026 - Sep 30, 2026

Median sale price
$257K
+100% from Q2 '26
Median list price
$238K
+24% from Q2 '26
Active listings
13
+30% from Q2 '26
Homes sold
2
-33% from Q2 '26
New pendings
2
-50% from Q2 '26
New listings
9
+50% from Q2 '26

Quarterly Pricing Trends for Salem

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Salem Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 Median sale price in Oct 2021 - Dec 2021: $137K Median sale price in Jan 2022 - Mar 2022: $137K Median sale price in Apr 2022 - Jun 2022: $185K Median sale price in Jul 2022 - Sep 2022: $192K Median sale price in Oct 2022 - Dec 2022: $110K Median sale price in Jan 2023 - Mar 2023: $291K Median sale price in Apr 2023 - Jun 2023: $117K Median sale price in Jul 2023 - Sep 2023: $205K Median sale price in Oct 2023 - Dec 2023: $142K Median sale price in Jan 2024 - Mar 2024: $80K Median sale price in Apr 2024 - Jun 2024: $235K Median sale price in Jul 2024 - Sep 2024: $177K Median sale price in Oct 2024 - Dec 2024: $136K Median sale price in Jan 2025 - Mar 2025: $170K Median sale price in Apr 2025 - Jun 2025: $325K Median sale price in Jul 2025 - Sep 2025: $235K Median sale price in Oct 2025 - Dec 2025: $158K Median sale price in Jan 2026 - Mar 2026: $255K Median sale price in Apr 2026 - Jun 2026: $129K Median sale price in Jul 2026 - Sep 2026: $257K Median list price in Oct 2021 - Dec 2021: $132K Median list price in Jan 2022 - Mar 2022: $189K Median list price in Apr 2022 - Jun 2022: $225K Median list price in Jul 2022 - Sep 2022: $150K Median list price in Oct 2022 - Dec 2022: $121K Median list price in Jan 2023 - Mar 2023: $130K Median list price in Apr 2023 - Jun 2023: $200K Median list price in Jul 2023 - Sep 2023: $155K Median list price in Oct 2023 - Dec 2023: $155K Median list price in Jan 2024 - Mar 2024: $235K Median list price in Apr 2024 - Jun 2024: $167K Median list price in Jul 2024 - Sep 2024: $161K Median list price in Oct 2024 - Dec 2024: $225K Median list price in Jan 2025 - Mar 2025: $149K Median list price in Apr 2025 - Jun 2025: $204K Median list price in Jul 2025 - Sep 2025: $205K Median list price in Oct 2025 - Dec 2025: $158K Median list price in Jan 2026 - Mar 2026: $188K Median list price in Apr 2026 - Jun 2026: $192K Median list price in Jul 2026 - Sep 2026: $238K Oct 2021 - Dec 2021 Median sale price $137K Median list price $132K Jan 2022 - Mar 2022 Median sale price $137K Median list price $189K Apr 2022 - Jun 2022 Median sale price $185K Median list price $225K Jul 2022 - Sep 2022 Median sale price $192K Median list price $150K Oct 2022 - Dec 2022 Median sale price $110K Median list price $121K Jan 2023 - Mar 2023 Median sale price $291K Median list price $130K Apr 2023 - Jun 2023 Median sale price $117K Median list price $200K Jul 2023 - Sep 2023 Median sale price $205K Median list price $155K Oct 2023 - Dec 2023 Median sale price $142K Median list price $155K Jan 2024 - Mar 2024 Median sale price $80K Median list price $235K Apr 2024 - Jun 2024 Median sale price $235K Median list price $167K Jul 2024 - Sep 2024 Median sale price $177K Median list price $161K Oct 2024 - Dec 2024 Median sale price $136K Median list price $225K Jan 2025 - Mar 2025 Median sale price $170K Median list price $149K Apr 2025 - Jun 2025 Median sale price $325K Median list price $204K Jul 2025 - Sep 2025 Median sale price $235K Median list price $205K Oct 2025 - Dec 2025 Median sale price $158K Median list price $158K Jan 2026 - Mar 2026 Median sale price $255K Median list price $188K Apr 2026 - Jun 2026 Median sale price $129K Median list price $192K Jul 2026 - Sep 2026 Median sale price $257K Median list price $238K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
65
Buyer’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Jul 2026 - Sep 2026).

Salem’s rolling three-month snapshot through September 2026 shows a market with plenty of options but relatively light contract activity. Active listings are up more than 30 percent year over year to 13, while homes sold have dropped roughly 71 percent and pending sales are down nearly 60 percent, contributing to a strong buyer’s market reading with 12.9 months of supply.

Pricing has moved upward even as sales have slowed. Typical home values over the period are about 10 percent higher than a year ago and the median list price is up around 16 percent year over year, yet the average sale-to-list ratio has slipped by more than 4 percentage points, to about 93 percent, and no recent sales have closed above list price.

Time on market and listing activity point to shifting expectations on both sides of the table. Median days on market in this rolling three-month view have risen compared with a year earlier, while new listings have surged more than threefold year over year, giving buyers more leverage and sellers more competition. Agent Pronto can connect both buyers looking to navigate these conditions and sellers aiming to price strategically with an experienced local real estate agent in Salem.



Learn more about what Salem has to offer.

Salem offers a welcoming, family-focused community with safe neighborhoods, practical amenities, and abundant outdoor opportunities that help the people who live there connect, thrive, and feel at home.

Salem offers small town living with practical connections to larger hubs. Located just off I‑90 between Sioux Falls and Mitchell, it gives residents an easy commute while maintaining a quieter pace and lower housing costs.

Daily life centers around essentials that are close at hand. Families appreciate local schools within the McCook Central School District, along with community events at the Salem City Armory. The Salem Public Library provides learning resources, kids programs, and reliable internet access that support both students and remote workers. Groceries, services, and dining are available in town, while broader shopping and healthcare options are a short drive away in Minnehaha County.

Outdoor amenities are a key part of Salem’s livability. Residents use Salem City Park for ballfields, playgrounds, and summer gatherings. Nearby recreational areas and lakes across McCook County expand options for fishing, camping, and weekend getaways, helping balance work and home life.

Whether you are upsizing, downsizing, or relocating for work, understanding local zoning, school boundaries, and rural utilities is important in a community like Salem. A knowledgeable real estate agent who lives and works in the area can streamline each step, from pricing strategy to inspections, and help you navigate the regional market with confidence. Agent Pronto connects both buyers and sellers with the right local expertise so your move in or out of Salem is as straightforward and low stress as possible.

Find your Salem real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“We have worked with Mallori before and wouldnt have it any other way. She is amazing at her job and goes above and beyond for her clients. Looking forward to working with her again in the future!”

Isabella Bradstreet · Sioux City, IA

Photo of Hoffert Homes Group
Century 21 ProLink
“I would recommend Jess Jager to anyone looking to sell a house. She was an excellent communicator from day one. She listened to our initial needs, and our feedback along the way, and always had our best interest in mind. Jess was amazing to work with.”

Mindy Dunne · Kingsley, IA

Photo of Jess Jager
Century 21 ProLink
“Greg was so awesome! He guided me through buying my first my first home. He answered any and all questions I had and helped me through every step of the way!”

Emily Johnson ·

Photo of Greg Doohen Realty Group
Keller Williams of Sioux Falls
“Deena was great to work with while looking for a house. Fast to respond, willing to find houses in my price range and criteria, and helpful with any questions I had during the process.”

Tyler Story ·

Photo of Amy Stockberger
Amy Stockberger Real Estate
“I worked with Amy several years ago on the sale of my home and purchase of a new home and she was fantastic. We were so impressed with her that when my father passed away and my mother was looking to downsize, there was no question that we would return to Amy for assistance. She was incredibly kind and supportive during a difficult time. We fully trusted her knowledge and ideas. We quickly found the perfect place and Amy was instrumental in helping us get a great deal. In addition she was able to get my mother’s home sold within 1 day. She is kind, wonderful to work with, made things fun, and is generally concerned about the welfare of her clients. We would recommend her to anyone. We love Amy!!”

lisaaymar12 ·

Photo of Tara Allen
Keller Williams Sioux Falls
“We couldn't have asked for a better experience. . Roy helped us with both selling and purchasing a home, which is stressful regardless of circumstances. He is professional and represents his clients well. He is quick to respond to questions and helps troubleshoot issues or "to do" items. He provides realistic and honest market knowledge. Very highly recommend.”

ck617613 ·

Photo of Henry Ulrich
Ascend Realty Inc
“Ryan is exactly what we needed as a realtor. He’s was excellent in helping make the process of buying a house a wonderful experience. I would recommend Ryan to anyone.”

wlevi4508 ·

Photo of Chelsea Link Real Estate
Berkshire Hathaway Midwest Realty
“Casey and Jon did an amazing job! With their help, I received an offer in less than 1 week of listing! They were extremely knowledgeable and kept the process moving smoothly clear through the final day of selling!”

computercowboy1982 ·

Photo of Casey Hatch
Keller Williams Realty Sioux Falls
“Jessica was amazing to work with, she went above and beyond to get us into the house that we purchased. She is honest and straightforward and that was very important to us when purchasing a home. Would highly recommended Jessica to anyone looking to buy a home.”

Russ Skovlund ·

Photo of Jessica Bergman
Keller Williams Sioux Falls
“Amy was absolutely awesome to work with! Her responsiveness and unbiased knowledge and opinions were exactly what we needed when we needed it! She was great with negotiations and truly helped us all the way through the closing! I would recommend her to anyone who is looking to purchase or sell a home! Amy thanks for helping us with our first home and getting us into our dream home!”

Shaundonelan47 ·

Photo of Amy Hix
Hegg Realtors
“Words can't describe how grateful we are to Julie and her team. She had so many resources to help us out as first time home buyers. She really listens to our needs and wants and she's super patient, didn't rush us at all. She was very thorough throughout our home buying process, everything went so smoothly. Would definitely recommend Julie and her team, especially to first time home buyers!”

ella guppie292 ·

Photo of Julie Roth Real Estate
Real Broker LLC
“We met Toni at a showing and got a great vibe from her. She was patient and worked to understand what we were looking for in a home. She brought certain homes to our attention that had the key points we mentioned. It was relieving having someone on our team during this stressful process. She would jump to show or talk about things at ANY time. She is definitely a go-to person. Very reliable.”

PamelaPowers5 ·

Photo of Delfs Real Estate Group
Keller Williams Siouxland & Okoboji
“We’ve bought and sold lots of property in many states; but Larry has to be one of the best RE agents with which we have worked. Very motivated, non-pressuring, and looking out for our best interests. We really appreciated his honesty and attention to detail.”

talkiw ·

Photo of Luetke Team Real Estate
Keller Williams Realty Sioux Falls
“I cannot say enough good things about John! My significant other and I met John about a year and a half before we had any plans of selling our two properties with the plan of eventually buying a house together. John came over did a market analysis of my significant others home and gave us some pointers on where to put our money to improve minor issue, at the time we were not selling and John went above and beyond to help us with potentially nothing to gain. Once we were finally ready to put the home on the market we did not hesitate to use John. He was kind and very knowledgeable about the market, every step of the way John rocked it! He sold our property within record time and cared about us as human beings. 6 months later we started looking occasionally at houses coming on the market, we were doing minor repairs on our second house to get it ready to eventually list. At this time “we were not looking to buy” (let’s be honest we were but didn’t know it ourselves?) my significant other and I had multiple different ideas on the perfect house making it very difficult to pin point what we would actually buy. We would find a property we were interested in and at a moment’s notice John would get us in. John could of put pressure on us multiple times to buy houses that were not right for us but John didn’t, he cared about us and wanted us to buy the house that fit our direct needs and long term goals. John didn’t want us to settle for something and regret it later, John must have walked us through a ton of houses and did so with a smile on his face, when it came time to buy John was on it and we got our dream home. After buying we still had our second property to list and sell John again was great he got it on the market in record time seeing as we were really not fully prepared to list it and it sold within 24hours of hitting the market after the fact we started doing renovations on our new home (it had an unfinished basement) John was very interested in our progress and offered to come out and do an analysis once our unfinished level was completed so we could see the benefits of the remodel we were doing, we were again impressed with John, he cares about us and is excited about what we are doing in our home. Thank you so much John for everything you do you have earned a customer for life with us!”

botermanbreanna ·

Photo of John Maurer
Vylla Home
“She is trustworthy. She's not just trying to sell a house to make money. She cares about each client that she deals with to find just the right house for the right people. She's very patient.”

Tina Steppan ·

Photo of Di Dahl
Keller Williams Realty Sioux Falls

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Salem. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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