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Utah

Salem Utah Homes for Sale

Live MLS listings, market trends, and neighborhood data for one of south Utah Valley's small community-tight family suburbs — updated continuously. Browse Salem homes for sale across 231 active listings, anchored by Salem Pond and Salem Hills High School, with a median sale price of $579,000 in 2026.

May 2026
closed sales · last completed month
Full report
Heads up: this is last month's data.
Median sale price
$579,000
+23.0% YoY
Median days on market
16
-12 d YoY
Sale-to-list ratio
99.9%
+0.62pp YoY
Homes sold
51
+5 YoY

May 2026 snapshot

Salem, Utah housing market

Unsold inventory in Salem is asking $598,900 at the median, -11.78% year-over-year. Homes that closed sold at $579,000 — 99.9% of each home's final list price, going to contract in a median of 16 days.

Unsold inventory
231
active + pending
Homes in Salem that have not yet closed — includes Active, Pending, Active Under Contract, and Coming Soon. Pending is included because a deal under contract can fall through, so the home still counts as unsold inventory until it actually closes. Pulled live from the MLS.
New listings
68
in May 2026
Number of homes that came on the market during May 2026.
Median sale price
$579,000
51 sold
Middle sale price of homes that closed in May 2026. Median (not average) so luxury sales don't skew it.
Median list price
$598,900
current asking
Middle asking price across all unsold inventory right now (Active + Pending). Differs from median sale price because list = what sellers want, sale = what buyers actually paid.
Sale-to-list
99.9%
of final list
For each home that closed, closeprice ÷ its own final list price, averaged across the month. Over 100% = homes sold above asking (sellers' market), under 100% = below asking (buyers have leverage). Measures vs final list (post-reductions), not vs original asking.
Median days
16
on market
Median days a home spent listed before going under contract during May 2026. Lower = faster-moving market.
Data through May 31, 2026. View full market report

Just listed

Latest in Salem

Nearby

Compare to other cities

City Unsold Median list
Saratoga Springs 542 $534,944
Eagle Mountain 485 $539,900
Lehi 390 $611,000
Provo 287 $549,000
Mapleton 257 $473,900
Spanish Fork 244 $599,900
Orem 221 $544,900
Santaquin 153 $519,900

About Salem

Living in Salem

Salem Utah small south Utah Valley family suburb with Salem Pond and Loafer Mountain at golden hour

Salem is a small south Utah Valley family-suburb city — population approximately 11,000 (2024 U.S. Census), wedged between Payson on the south and Spanish Fork on the north, with Loafer Mountain rising to the east. The city's signature feature is Salem Pond, a 28-acre community pond in the heart of downtown with walking paths, playgrounds, and the Salem Days festival each August. Where Spanish Fork reads as the larger growth city and Payson the south Utah Valley anchor, Salem reads as the small-town community-tight family suburb in between — quieter, more residential, with strong family-suburban character.

The city is served by the Nebo School District. Salem Hills High School (the Skyhawks, in Salem itself) is the city's flagship public high school. Salem's housing stock skews newer (post-2000 predominant) with the Viridian, Moonlight Village, and Summer Springs planned communities supporting continued buildout.

Why Buyers Choose Salem, Utah

  • Small-town community character. Salem maintains a more genuinely community-tight small-town feel than the larger neighboring Spanish Fork or Payson, with a strong local-business and family-orientation.
  • Salem Pond. The 28-acre community pond in the heart of downtown — walking paths, playgrounds, fishing, family events, Salem Days festival each August.
  • Salem Hills High School. The Skyhawks, Nebo School District, the city's in-city public high school.
  • Accessible Utah Valley pricing. Salem's median sale price runs accessibly relative to central Utah Valley peers.
  • Newer planned-community inventory. Viridian, Moonlight Village, Summer Springs, Garretts Place all continue to add inventory at family-suburb pricing.

Top Neighborhoods in Salem

Salem Home Prices in 2026

  • Median sale price: $579,000 (last completed month)
  • Median time on market: 16 days
  • Sale-to-list ratio: 99.9%
  • Active listings: 231 homes available

The Bottom Line

Salem is the right fit for buyers who want small-town community character, Nebo School District schools (Salem Hills High Skyhawks), accessible south Utah Valley pricing, Salem Pond family amenity, and a smaller-scale family-suburban feel than the larger neighboring cities. Compare with Payson (larger immediately south), Spanish Fork (larger immediately north), Elk Ridge (smaller adjacent), Mapleton (premium adjacent), Santaquin (smaller south), Woodland Hills (premium foothill), and Provo (BYU anchor north).

For a free, accurate Salem home valuation, request a local-agent CMA. The filter sidebar below collects every active price, property-type, lifestyle, and feature filter for Salem — browse by what matters most to your search.

The MLS data on this page is sourced from the Regional Multiple Listing Service and refreshed every 15 minutes; information is deemed reliable but not guaranteed and should be independently verified. Census figures from U.S. Census Bureau 2024 estimates. School district facts per Nebo School District.

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