Market Summary

Salem, Washington County, IN

City Last updated April 8, 2026

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Median Home Price Price

$199,455 $199.5K

Median Monthly Rent Rent

$924 $924

GRM

18.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Market Snapshot

Salem, Washington County, IN is a city market with a median home price of $199,455, a median monthly rent of $924, a GRM of 18.0x, and a price-to-rent ratio of 18.0.

Comparable Markets

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Similar Markets

Compare nearby and out-of-state comps before deciding whether this market is truly distinctive.

Similar markets within Washington County

Region Price Rent GRM Display
$235,003 $1,292 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets within IN outside of Washington County

Region Price Rent GRM Display
$267,279 $924 24.0x
$223,146 $984 19.0x
$232,708 $1,165 17.0x
$242,331 $1,289 16.0x
$228,709 $990 19.0x
$161,481 $897 15.0x
$284,123 $1,447 16.0x
$217,148 $1,091 17.0x
$258,709 $924 23.0x
$256,054 $993 21.0x
$210,508 $1,021 17.0x
$275,386 $1,697 13.0x
$185,812 $1,009 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of IN

Region Price Rent GRM Display
$301,025 $1,208 21.0x
$256,259 $962 22.0x
$151,315 $1,025 12.0x
$340,849 $905 31.0x
$340,101 $1,658 17.0x
$249,122 $882 24.0x
$239,722 $1,186 17.0x
$347,541 $1,484 20.0x
$195,239 $952 17.0x
$304,752 $1,657 15.0x
$267,475 $1,579 14.0x
$203,029 $1,128 15.0x
$250,686 $945 22.0x
$251,979 $1,280 16.0x
$226,858 $944 20.0x
$394,350 $1,524 22.0x
$287,958 $966 25.0x
$233,561 $1,084 18.0x
$312,505 $1,565 17.0x
$286,706 $1,357 18.0x
$158,446 $1,128 12.0x
$306,785 $936 28.0x
$253,879 $1,096 19.0x
$188,413 $917 17.0x
$265,795 $1,502 15.0x
$237,234 $1,230 16.0x
$266,678 $1,162 19.0x

Home prices

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Monthly rent

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GRM

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Salem

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Trend Insights

Median Rent in Salem, IN is $924, with MoM change +$9 and YoY change +$75 pointing to positive momentum while volatility is low (std $19).

Benchmark Markets Side by Side

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Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Salem, IN
Compare market Select a market
Delta vs base
Median rent
$924
N/A
Median price
$199,455
N/A
YoY change
+$75
N/A
Price-to-rent
18.0x
Data unavailable
Frequently Asked Questions

What is the median home price in Salem, Washington County, IN?

TwinMarket currently shows a median home price of $199,455 for Salem, Washington County, IN.

What is the median rent in Salem, Washington County, IN?

The current TwinMarket market snapshot lists median monthly rent at $924 in Salem, Washington County, IN.

What is the GRM in Salem, Washington County, IN?

TwinMarket currently shows a GRM of 18.0x in Salem, Washington County, IN. Use it alongside price, rent, and trend direction rather than as a standalone buy signal.

Which markets look similar to Salem, Washington County, IN?

Comparable markets currently surfaced on TwinMarket for Salem, Washington County, IN include Fredericksburg, Washington County, IN, Avilla, Noble County, IN, Holland, Dubois County, IN. Open those pages to compare price, rent, GRM, and recent trend context side by side.

When was the Salem, Washington County, IN market page updated?

The market data shown on this page was last updated on April 8, 2026.