Housing & Real Estate — Salem, North Carolina

Overview

Total Housing Units1,106
Occupied919
Vacant187
Owner-Occupied682
Renter-Occupied237
Median Home Value (Census)$159,100
Estimated 2026~$179,000
Median Rent$772/mo
Median Property Tax$1,015/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income13.4%
Severely Rent-Burdened32.5%

Housing Age

Built 2010 or later113
Built 2000-200947
Built 1990-1999180
Built before 1960269
Median Year Built1981
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.