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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 August 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

May 1, 2026 - Jul 31, 2026

Median sale price
$176K
+37% from Q2 '26
Median list price
$158K
-17% from Q2 '26
Active listings
10
-17% from Q2 '26
Homes sold
4
+33% from Q2 '26
New pendings
2
-50% from Q2 '26
New listings
5
-17% from Q2 '26

Quarterly Pricing Trends for Salem

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

Quarterly Pricing Trends for Salem Q3 '21 Q3 '22 Q3 '23 Q3 '24 Q3 '25 Q2 '26 Median sale price in Jul 2021 - Sep 2021: $130K 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 list price in Jul 2021 - Sep 2021: $169K 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: $303K Median list price in Apr 2026 - Jun 2026: $192K Jul 2021 - Sep 2021 Median sale price $130K Median list price $169K 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 $303K Apr 2026 - Jun 2026 Median sale price $129K Median list price $192K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
50
Neutral 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 (May 2026 - Jul 2026).

Inventory in Salem looks balanced in this rolling three-month view, with about 10 active listings and 5.6 months of supply, up sharply from a year ago. Contract activity has cooled year over year, as pending sales are down significantly while only 4 homes sold recently, even though closed sales have ticked up compared with last year.

Home values are adjusting after earlier peaks, with the typical home value over the last three months down more than 25 percent from a year ago. List prices are also lower than a year ago by roughly the mid-teens percentage, signaling that sellers are pricing more cautiously to meet current demand.

Marketing times have lengthened dramatically, with homes now taking around 68 days to sell on a typical basis, far higher than a year earlier even though that figure has improved from the prior month. Negotiations currently favor buyers somewhat, with an average sale-to-list ratio around 92 percent and no recent sales closing above list price, and both buyers and sellers can turn to Agent Pronto to connect with an agent who understands how to navigate these shifting conditions.



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.

“Very professional and knowledgeable realtor. Excellent communication, honest advice, and great service. He was helpful, friendly, and always made sure everything was explained clearly. Highly recommended!””

Yousuf Chowdhury · Scarborough, ON

Photo of Sivage Sivagumaran
RE/MAX Crossroads Realty Inc.
“In my over thirty years dealing with real estate, this was the most challenging sale I have had to deal with. I am thankfull I had Thomas Noelke there, on my side, to help weather the storm. I think a less experienced realtor would have quit and ran. Thomas stood his ground until it was finally over.”

Chris Roda · Maitland, FL

Photo of Tom Noelke
eXp Realty
“kurt was fantasic in showing me this house, he was very help,kept me informed and negotiated the price down. kurt is a wonderful realitor, I appreciate the help he provided me.”

Melodie Vowell · Nashville, GA

Photo of Kurt Harbaugh
CENTURY 21 Realty Advisors
“I cannot say enough wonderful things about Kelly, both as a realtor and as a dear friend. She helped sell our home during one of the most difficult and emotional life seasons, and I am incredibly grateful for the compassion, professionalism, integrity, and grace she showed throughout the entire process. Kelly is truly stellar at what she does. She knows the market, understands current trends, and knows how to strategically position a home to create interest and negotiating power. She communicated openly and consistently and navigated a sensitive situation with such care and professionalism. What makes Kelly so special is the genuine heart she brings to her work. She combines incredible knowledge and expertise with kindness, patience, and compassion. Having someone I trusted so deeply beside me during such a significant life transition meant more than I can say. I wholeheartedly recommend Kelly. She truly goes above and beyond, and I am so grateful for her!”

Tiffany Drake · Windsor, CO

Photo of Kelly Renz
Grey Rock Realty
“Renee is a true professional! She helped us through the complicated process of selling our home while we were out of state. She was always available in a timely manner to answer all our questions and concerns, even through our separate time zones. She was also always helpful in finding us any connections we needed from landscapers, home cleaning, and HVAC services. We 1000% would recommend her to anyone who needs help buying or selling a home.”

Jenny DeVaughn · Zion, IL

Photo of Renee OBrien Group
Keller Williams North Shore West
“Despite the property being a unique one, Kathy went above and beyond to market and make it visible to as many eyes and other realtors as possible. Even though it took a little longer than planned, everything worked out great and we got it sold!”

Bruce Leonard · Tolar, TX

Photo of Kathy Cheek
Century 21 Judge Fite Company
“Brandi Oakes was terrific to work with. She was thorough and went above and beyond in communication. Our experience in buying a house with her our as agent was wonderful. We are looking forward in continuing to work with her on the sale of our current house. If and when we ever decide to move again we will definitely be contacting her. We would highly recommend Brandi Oakes as an agent because she genuinely cares and makes the whole process easy.”

Dave & Cindy · Greenwood, IN

Photo of Brandi Oakes
CENTURY 21
“I highly recommend Jennifer. We first met her when we bought our house in Colorado. We also sold our house with her. Without going into detail she did alot more than anyone should of had to do. We have remained friends and will always will be. Even without living in the same state she is always here for us.”

Jenn Tecce · Calhan, CO

Photo of Jennifer Danley
HomeSmart Preferred Realty
“Bobby Stephens was everything we could have asked for in a realtor. He was extremely knowledgeable, detail-oriented, and, most importantly, provided great advice on the "worth-it" factor of homes we looked at. We never fel pressured to buy something we didn't love, and Bobby always gave unbiased opinions. Thanks!”

Pablo Guzman-Gomez · Cincinnati, OH

Photo of Bobby Stephens
Comey & Shepherd, Realtors
“Stevie was so incredibly patient and helpful in our home search and beyond. Couldn't recommend her enough.”

Abigail · South Saint Paul, MN

Photo of Stephanie Wimber
RE/MAX Advantage Plus
“Ed was extremely helpful, courteous, and communicative throughout the entire process. He consistently kept me informed and made sure I was up to date every step of the way. I highly recommend Ed for his professionalism, promptness, and attentiveness. He was always responsive to my specific needs and went above and beyond to ensure everything was handled smoothly. His excellent customer service and dedication were truly appreciated.”

Ricardo Rivera · Wilmington, DE

Photo of Ed Cole
Springer Realty Group
“Jordan was right there the whole way. It was a long journey for our family. We had to wait to sell the house for various reasons, but Jordan was with us as we prepared. I always felt like she knew our unique situation, while also being in tune with the market in the area and the larger real estate trends and issues. Her being there with answers to questions and great connections for people to address issues that came up helped us more than I can find words for. Besides being personally connected, she was also honest and forthright with reality all along the way. It was refreshing and reassuring. I would highly recommend Jordan for anyone looking to have a positive experience selling a home.”

Craig · Lake Oswego, OR

Photo of Jordan McAllister
MORE REALTY
“Always a pleasure to work with Jacki, we have done several deals in the past and look forward to working with her in future...”

Kenny Carter · Milton, WV

Photo of Jacki Frazier
Century 21 Homes & Land
“Peter went above and beyond our expectations. He was responsive, informational, generous, and thoughtful. We feel very lucky to have had such a positive experience purchasing a cottage property. Can't recommend using a Peter's services more!”

Adam Byers · Muskoka, ON

Photo of Peter Tatar
North 2 South Realty Brokerage Inc.
“Great experience found and closed on the right home. Easy to do business with. Went out of her way to show homes.”

Glen Hopp · Plymouth, IN

Photo of Patty Miller
Century 21 Circle
“I'm so grateful and thankful for Diana Thomas and her value not only as a real estate representative of Century 21, but as a personal friend. She could not have been more helpful or informative, addressing every concern and things that I didn't know I needed to know. She took care of me and it was just a wonderful experience!!!! 1-10 excellent rating -- 100”

Kathy McCormick · Benton, AR

Photo of Diana Thomas
Century 21 Parker & Scroggins Realty
“Shelley is the absolute best realtor. Kind, caring and known every way.”

Lisa · Washington, IN

JB
Century 21 Classic Realty
“Awesome with a capital A. She goes above and beyond.”

Jay Jones · Elizabethtown, KY

Photo of Angie Carter
eXp Realty
“Had a great experience working with Nael. He was incredibly helpful throughout the whole process, from finding the right place to negotiating and guiding me through everything along the way. He was always responsive, knowledgeable, and on top of things whenever I needed something. Really appreciated all his help and would definitely recommend him.”

Muhammad Ibrahim · Hartsdale, NY

Photo of Nael Dassan
CENTURY 21 Elite Realty
“As a first time homebuyer, Joy made the process for us extremely smooth and easy. She was easy to communicate with, always a phone call or text away. I would recommend her any day! Joy is the best hands down! It was truly a blessing working with her throughout the entire process.”

Robert and Trista Chambers · Fort Deposit, AL

JG
Brik Realty Hoover

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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